GM declines comment on Fiat deal board meet report

Newswire

MILAN, Jan 31 (Reuters) - General Motors Corp. on Friday declined to comment on a report its board could meet as early as this weekend to discuss modifying a deal under which it could be forced to buy more of Fiat's crisis-hit auto unit. The report in leading Italian financial newspaper Il Sole 24 Ore cited unnamed sources as saying GM's board could meet on Saturday to mull a draft proposal for Fiat to relinquish or delay its option to sell to GM the 80 percent of Fiat Auto that GM does ...

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