Fiat SpA says the breakup of the equity alliance between its Fiat Auto SpA unit and General Motors Corp. is moving along on schedule. The Italian auto maker says it expects the final cash payment of €550 million ($714 million) to be delivered no later than May 13. “Our discussions with General Motors relating to the conclusion of the put agreement and industrial alliances are proceeding well,” Fiat Auto CEO Sergio Marchionne says in a prepared statement. Fiat says it will transfer ...

Premium Content (PAID Subscription Required)

"Fiat-GM Ventures Unwind" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.