UPDATE 2-Delay in GM sale option buys time for Fiat Auto

Newswire

(Adds no change to S&P rating, updates shares, rejigs) By Jane Barrett MILAN, Oct 27 (Reuters) - A one-year delay in Fiat's option to sell its struggling car unit to General Motors will give it time to boost Fiat Auto's value but does not change the group's outlook, analysts said on Monday. Late on Sunday, Fiat and GM said the "put" option would now start in January 2005. In the meantime they would try to settle a wrangle over whether the put was still valid after Fiat ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Delay in GM sale option buys time for Fiat Auto" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×