Fiat seeks pact in row with GM
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Fiat and General Motors are to hold more talks to solve their differences over  the future of the Italian firm's loss-making auto group, Fiat says.
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MILAN, Italy  - 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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The Italian Fiat group can exercise from a disputed option to sell 90 percent of its fragile car making subsidiary to US giant General Motors, after months of still-unresolved wrangling and threats of legal action.
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ROME Some of Fiat&#39;s auto workers struck for two hours a day ahead of a top-executive meeting. Tomorrow&#39;s meeting could determine whether Fiat insists on an option to force General Motors to buy the struggling Italian auto group.
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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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Some Fiat autoworkers struck for two hours Monday, a day ahead of a top-executive meeting that could determine whether Fiat SPA insists on an option to force General Motors Corp. to buy the struggling Italian auto group.
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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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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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Executives from General Motors Corp. were meeting with their Fiat SpA counterparts Tuesday for talks likely to focus on the possible sale of the Italian giant's auto business.
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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 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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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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Italians are nervous Fiat will take the extreme option of hiving off its auto arm to General Motors in 2005, but analysts say it is unlikely to sell until the 105-year-old carmaker is clear of crisis.
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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.
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MILAN  - Top officials from Fiat of Italy and General Motors were conferring in a bid to settle differences on Fiat&#39;s option to sell its loss-making car operation to the US auto giant, a dispute that threatens their four-year-old collaboration.
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The heads of Fiat SpA and General Motors  Corp. will meet face to face in a last-ditch attempt to avoid  litigation over whether the Italian group still has the right  to sell its loss-mired carmaking arm to GM.
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Any cash that Italy&#39;s Fiat (FIA.MI: Quote, Profile, Research) may gain from agreeing to scrap an option to sell its loss-making car unit Fiat Auto to General Motors Corp.