Fiat Auto recapitalisation not involving GM-source

Newswire

MILAN, Oct 31 (Reuters) - A 2.5 billion euro recapitalisation of strugging automaker Fiat Auto will not require a contribution from 20-percent owner General Motors Corp. , a source at parent Fiat said on Thursday. "General Motors' involvement is not required," a source at Fiat told Reuters. Fiat said earlier the recapitalisation would be financed by funds from within the group and that the oepration would not have any impact on the group's consolidated debt levels. The fresh cash is ...

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