FRANKFURT – Savings from synergies between General Motors Corp. and alliance partner Fiat SpA are in the “hundreds of millions” and exceeding expectations, says GM Chairman and CEO Rick Wagoner. A steering committee of top management from the two auto makers meets quarterly to get a running tab on synergy savings and evaluate what’s working and what’s not. The most recent meeting took place here, on the eve of the Frankfurt auto show. “We’re beating targets,” says Wagoner. ...
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