Fiat Auto SpA and General Motors of Europe say they will cooperate on the development of parts for future small cars. A joint design and planning center will be established to serve engineering operations of both Fiat and GM. The two already have a design center at a Saab Automobile plant in Sweden to develop components and joint systems for future high-end vehicles. GM took a 20% stake in Fiat in a March 2000 strategic alliance agreement. Fiat received 5.7% of GM shares and has a put ...
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