RUSSELSHEIM, Germany — They’re working. That’s the message both General Motors Corp. and Fiat Auto SpA executives delivered loud and clear here recently regarding the two auto giants’ purchasing and powertrain joint ventures. GM-Fiat Worldwide Purchasing, they say, will deliver the bulk of the E500 million (US$466 million) the two automakers expect to save in 2001 through joint purchasing and engine and transmission development and production — the latter through a second JV known as ...
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