August 24, 2017 / 5:54 PM / a year ago

Fiat Chrysler, VW in early-stage talks about light-utility vehicle joint venture: source

HAMBURG (Reuters) - Volkswagen (VOWG_p.DE) and Fiat Chrysler Automobiles (FCHA.MI) have held discussions on joining up to produce some light-utility vehicles, a source close to the matter said on Thursday.

FILE PHOTO: A Chrysler logo is seen at the 2017 New York International Auto Show in New York City, U.S. April 13, 2017. REUTERS/Lucas Jackson/File Photo

“It’s still very vague, we have to see if this will be pursued,” the source said, without giving any details.

Fiat Chrysler declined to comment.

The news of the talks was first reported by the Wall Street Journal. The paper said such cooperation could include future versions of VW’s Caddy panel van and VW’s Amarok midsize pickup truck, but added there was still no clarity on the extent of any potential agreement.

Reporting by Jan Schwartz in HAMBURG, additional reporting by Agnieszka Flak in MILAN; editing by Joe White and David Evans

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