But don't expect one to happen overnight.
"We aren't deal junkies," Marchionne told TheStreet in response to a question Monday on if cost-cutting by larger automakers such as General Motors (GM - Get Report) and Ford (F - Get Report) will make a deal for Fiat harder.
Takeover speculation on Fiat reached all-time highs over the summer after a report claimed the company had received and rejected at least one offer from a Chinese automaker. But Dongfeng Motor Group (DNFGF and Geely Automobile Holdings (GELYF -- Zhejiang Geely's Hong Kong-listed unit - said they were not interested in the car maker.
Fiat has effectively been up for sale for at least the last two years. Marchionne, who sees Fiat-Chrysler as lacking scale, has frequently been cited as a key driver behind the company's push to sell itself. He tried previously to have the company merge with General Motors, but he and Fiat were rebuffed by their larger rival.
Watch More with TheStreet: