Fiat Said to Mull Marelli Options After Samsung Talks End

Fiat Chrysler Automobiles NV is evaluating options for its car-parts unit Magneti Marelli, including a Ferrari-style spinoff, after talks with Samsung Electronics Co. over a partnership broke down amid the Korean company’s smartphone crisis, according to people familiar with the matter.

Fiat Chrysler and Samsung also remain far apart on their valuations of Marelli, prompting the carmaker to consider other options for the division, the people said. An eventual separation of the business from Fiat Chrysler isn’t expected before the end of the group’s current business plan in 2018, they said. Fiat declined to comment, while Samsung said via e-mail that the company doesn’t comment on rumors or speculation.