UPDATE 1-Fiat, Tata Motors study car production, sales deal

Newswire

(Adds detail, comments) MILAN, Sept 22 (Reuters) - Italian industrial group Fiat and India's Tata Motors are studying a possible cooperation in the areas of research, production, car parts, purchases and distribution, they said on Thursday. The two firms have signed a memorandum of understanding under which they will set up a working group to hammer out the details of such cooperation. Binding contracts could be signed within the next months, the groups said in a statement. Tata Motors ...

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