Banks extend Fiat's call option on Fidis - sources


MILAN, Dec 27 (Reuters) - Italian banks that bought 51 percent of Fiat's consumer financing arm Fidis have agreed to extend an option for the industrial group to buy back the stake by two years, financial sources said on Monday. The call option is key to Fiat's argument against General Motors which says that the Fidis sale changed the parameters of Fiat Auto and so invalidated an option allowing Fiat to sell its 90 percent of the car unit to GM. Fiat sold the majority of Fidis to ...

Premium Content (PAID Subscription Required)

"Banks extend Fiat's call option on Fidis - sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×