Ford Motor Co’s tie up with Fiat Spa is confined solely to the development of small cars, Ford Europe head Lewis Booth said, according to AFX.
 
He said there are currently no plans for any wide-ranging cooperation between the two companies nor would it involve Ford providing any financial assistance to the Italian carmaker, AFX reported.
 
Fiat and Ford last week signed a letter of intent to cooperate in developing small cars.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now