Fiat ready to abandon key lobby group - report


PARIS, Oct 3 (Reuters) - Italy's Fiat is ready to pull out of ACEA, the association which represents the auto industry before the European Commission, an industry trade publication reported on Friday. Citing people familiar with the matter, Automotive News Europe also said ACEA's board had in addition agreed to a joint approach by the association's members before the European Commission for a 40 billion euro ($55.4 billion) loan to develop environmentally friendly products. The idea of ...

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