Fiat walked away from talks on a proposed merger after growing frustrated with tensions between Renault's executives and the French state.
The Italian government may help Fiat Chrysler Automobiles NV complete its proposed merger with Renault SA, says Deputy Prime Minister Matteo Salvini.
The partnership with Renault is close to materialising, so close that it could be announce on Monday.
The classic Fiat 500 is today much sought after, and Giovanna Parascandolo sold her motorbike to buy a decrepit 1967 model for €2,000 (US$2,250).
The No.3 automaker in the United States by sales says it sold 156,021 vehicles in January, down from 167,056 vehicles a year earlier.
Fiat Chrysler has denied any wrongdoing and previously said there was never an attempt to create software to cheat emissions rules.
Magneti Marelli, founded in 1919, employs some 43,000 people and operates in 21 countries. Sales last year came to 8.2 billion euros.
His death was confirmed Wednesday by Exor NV, the holding company of Fiat’s founding Agnelli family, just days after Marchionne was replaced as CEO.