Fiat Chrysler Said to Be Near Technology Deal With Google
- Talks said to be late-stage with possible announcement Friday
- Marchionne said this week he hopes to make a deal this year
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Alphabet Inc.’s Google is in late-stage discussions with Fiat Chrysler Automobiles NV to form a technology partnership, said people familiar with the matter.
The deal would start with the Chrysler Pacifica minivans and may be announced as soon as Friday, said one of the people. Google has developed the software and vehicle-control capabilities for driverless cars and tested it over 1.4 million miles. The company has been in discussions with various carmakers about working together to deploy its technology in cars made by an established manufacturer. FCA Chief Executive Officer Sergio Marchionne has been directly involved in talks with Google, the people said.