Fiat to split finance, industrial arms - report


LONDON, March 1 (Reuters) - Italy's Fiat plans to split its financial and industrial operations into separate businesses, emulating a structure adopted by rivals General Motors and Ford , the Financial Times reported on Monday. The newspaper, citing a person close to the company, said the auto maker was looking to combine existing lending divisions of each of its industrial units, including its 49 percent stake in Fidis, which offers loans to buyers of Fiat cars. The finance businesses ...

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