UPDATE 3-Fiat, GM agree to delay Fiat Auto option by 1 yr


(Adds GM quotes, paragraphs 4-6) By Jane Barrett MILAN, Italy, Oct 26 (Reuters) - An option allowing Italian automaker Fiat to force General Motors to buy its loss-making car unit has been put back a year while the two groups settle a disagreement over whether it is still valid, they said on Sunday. Top Fiat managers have regularly said they have no intention of selling Fiat Auto but the "put" option is key to the group's debt ratings and value, while it is an on-going headache for GM, ...

Premium Content (PAID Subscription Required)

"UPDATE 3-Fiat, GM agree to delay Fiat Auto option by 1 yr" 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
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×