GM undecided whether to partake in Fiat plan

Newswire

DETROIT, Feb 28 (Reuters) - General Motors Corp. said on Friday that it has not yet decided whether to participate in the five billion-euro capital increase of the car arm of Fiat . "We have been in discussions with Fiat, but we have not reached a decision to participate in the recapitalization of Fiat Auto Holdings B.V.," GM spokeswoman Toni Simonetti told Reuters. GM currently has a 20 percent stake in Fiat Auto. Simonetti declined to comment if the recapitalization would impact ...

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