Malaysia’s Sime Darby Bhd is negotiating the possibility of distributing Alfa Romeo vehicles for Italy’s Fiat SpA, the conglomerate said on Monday in a stock exchange filing cited by Dow Jones Newswires.
Go deeper with GlobalData
The talks “do not cover the franchise for the other marques under the Fiat umbrella such as Fiat, Maserati, Lancia and Ferrari,” reportedly said Sime, which is involved in businesses such as power generation, plantations, and auto and heavy equipment distribution.
Sime said a further announcement will be made if and when it is appointed an Alfa Romeo distributor, Dow Jones added.
