Fiat CEO meeting with board to explain settlement in GM dispute
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ROME  - Fiat CEO Sergio Marchionne was to lay out a settlement proposal over an options dispute with U.S. auto giant General Motors at an extraordinary board meeting Sunday, an indication that the protracted wrangling between the two carmakers may soon be over.
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ROME -- General Motors Corp. agreed yesterday to pay Fiat SpA $2 billion to resolve a contract dispute, allowing the US carmaker to divest its stake in Fiat's troubled auto unit and revise the companies' business relationship.
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Fiat chairman Luca di Montezemolo has brushed off media reports that the company wants to scrap its partnership with US giant General Motors (GM).
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Fiat chief executive Sergio Marchionne was expected to insist to GM chairman and chief executive Rick Wagoner that the U.S. company honor a "put option," part of a 2000 deal under which Fiat has the right to ...
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Hundreds of workers from Fiat SpA's struggling auto division demanded to speak to executives at group headquarters on Thursday about their fears of cutbacks due to a possible buyout by General Motors Corp.
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Business & money: Â· GMB seeks session to look at financing of deal Â· Industry urged to disclose more information
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Fiat and General Motors run into the  final hours of a long dispute on Tuesday with investors betting  GM will pay Fiat to drop an option to sell its car division to  its U.S. partner.
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Italian group Fiat has until midnight on Tuesday 1 February to settle a contested agreement to sell itself to US car giant GM.
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Fordâs decision comes after its board met last week, according to people with knowledge of the situation.
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Business & money: General Motors reahes tentative agreement with union leaders that could bring biggest US industrial dispute in seven years to an end.
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Fiat and General Motors (GM) have agreed to begin a period of mediation to resolve the future of the Italian conglomerate&#39;s loss-making auto group.
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Fiat and General Motors head for a showdown this week as a one-year truce expires, opening the way for them to go to court over whether Fiat can force the U.S. group to buy its loss-mired car unit.
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Fiat (FIA) and General Motors (GM) will move to mediation after executives failed to reach agreement over the Italian company&#39;s option to compel GM to buy its troubled auto division.
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A dispute between Fiat and General Motors over an option to sell Fiat's auto business to the US group may be resolved this weekend, Italian news agencies said.
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Talks between the United Automobile Workers and General Motors appeared close to an impasse Sunday night.
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Fordâs decision comes after the companyâs board met last week, according to people with knowledge of the situation.
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Fiat shares and bonds rallied on Monday after the Italian group won a &#36;2 billion settlement with General Motors, avoiding a long court case but also increasing the pressure to revive its car arm.