Fiat Holds Off Before Exercising GM Put
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Fiat refrained from exercising an option to sell its car unit to General Motors when it came due on Monday, saying it would wait at least until the end of talks to settle a spat over the put's validity.
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Fiat (FIA.MI: Quote, Profile, Research) and General Motors (GM.N: Quote, Profile, Research) head for a showdown this week as a one-year truce expires, opening the
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(AGI/REUTERS) - Francoforte, 20 dic. - Per cancellare l&#39;opzione put Fiat vuole da General Motors un indennizzo da 3 miliardi di dollari: lo scrive il giornale specializzato Automotive News. Citando fonti vicine
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General Motors said that it would pay Fiat $2 billion so that it would not be forced to take over Fiat's ailing auto business.
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The heads of auto giants Fiat SpA and General Motors Corp. meet in Switzerland on Tuesday to discuss the possible sale of Fiat&#39;s auto business.
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DETROIT - General Motors Corp. said Tuesday that people who buy 2005-model vehicles with loans from the automaker&#39;s financing arm through Nov. 30 will also be able to lock in the interest rate on their next vehicle.
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The heads of General Motors Corp. and Italy&#39;s Fiat SpA are expected to meet in the next four weeks to try and resolve their dispute over whether Fiat can force GM to buy the ailing Fiat Auto subsidiary.
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Fiat's board is due to meet on Sunday, a source close to the Italian carmaker said, as speculation mounted that it could sign a 1.5-billion-euro (&#36;1.93 billion) deal to settle a lengthy row with U.S. partner General Motors.
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Fiat's board is due to meet on Sunday, a  source close to the company said, as newspapers reported that  the Italian carmaker was close to settling a long-running  wrangle with U.S. partner General Motors.
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By Kyodo News International, Tokyo  Feb. 26--TOKYO -- DaimlerChrysler AG is weighing taking a minority stake  in General Motors Corp.
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MacCentral - Analysts from Prudential Equity Group and UBS have warned over the past two days that longer than expected G5 delays from IBM Corp. is the near-term "key risk" for Apple Computer Inc. Both firms are concerned the delays could be longer than originally expected.
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Italian automaker Fiat chief Luca Cordero de Montezemolo denied on Saturday rumors that US car giant General Motors is planning to pull out of the Italian carmaker.
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ROME, Feb. 13 -- General Motors Corp. agreed Sunday to pay Fiat SpA $2 billion to resolve a contract dispute, allowing the U.S. carmaker to divest its stake in Fiat's troubled auto unit and revise the companies' business relationship.
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Italian industrial group Fiat is to wait until at least February 2 to exercise its right to sell the troubled Fiat Auto division to US giant General Motors.
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Fallout from a crisis in the U.S. subprime mortgage market rattled the auto sector on Tuesday after the debt package for a General Motors asset sale was postponed and borrowing costs on automakers' debt surged.
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Fiat and General Motors left their crunch meeting in Germany last night leaving everyone guessing at the status of the disputed legal arrangement
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MILANO - Le azioni Fiat salgono in Borsa (+1,32%) dopo le voci di una clamorosa richiesta di risarcimento di 3 miliardi di dollari (2,25 miliardi di euro) nei confronti di General Motors (GM), in cambio della rinuncia ad esercitare il Â«put Â», ovvero la