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MILAN, Sept 11 (AFP): Italian car maker Fiat and United States (US) giant Ford plan to combine production of their leading small car brands Cinquecento and Ka, the head of marketing at Fiat Auto, Lapo Elkann, said Friday.
"With Ford, we are going to form an alliance for small cars," he said during an interview on Italian radio station Radio 24 following press reports to this effect.
The companies intend to use a Fiat factory in Poland to manufacture the new Cinquecento (Fiat 500) model, set for release in 2007, and Ford's Ka, which is due to hit the road in 2008, according to press reports.
A spokesman for Fiat said that both sides had already signed a memorandum of understanding, confirming their commitment to the project.
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