Stellantis

When they announced a strategic alliance and stock swap in March, General Motors Corp. and Fiat SpA said that despite their new relationship, they wanted to remain competitors. That shouldn't be difficult considering the overlap they have in product segments, manufacturing footprints and world markets.The deal calls for GM to pay $2.4 billion for a 20% stake in Fiat's auto operations. In exchange,

byBrian Corbett and Andrea Wielgat- with Bill Diem