Fiat mulls Ferrari market listing
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Fiat is set to restructure its car making business, the Financial Times reports, and may list Ferrari on the stock market.
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MILAN  - Sharp differences between the Fiat Group and General Motors over an option by Fiat to sell its loss-making auto operations to GM will be the focus of a meeting between the two companies in Zurich on Tuesday.
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Automaker Ford Motor Co.  is in  talks to sell some luxury-auto brands to an investment group  led by its former Chief Executive Officer Jacques Nasser,  Bloomberg news service reported on its Web site, citing four  people familiar with the discussions.
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Italian auto maker Fiat is hoping for the &quot;iPod effect&quot; with the launch of its new 500 model, an updated version of the 1950s motoring classic set to be unveiled later Wednesday.
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Montezemolo: &quot;Significativo passo in avanti anche per Alfa La sinergia tra i marchi arricchirÃ  l&apos;offerta delle auto sportive&quot;                                          Ferrari trasferirÃ  alla Fiat la proprietÃ  di Maserati                                                                                  Ma la Borsa accoglie freddamente l&apos;annuncio: i titoli Fiat continuano a perdere, -2,43 per cento a 5,98 euro
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Fiat and General Motors failed to settle  a row over whether the Italian group can sell its ailing car  unit to its U.S. partner and Fiat said it could exercise the  option any time from Wednesday.
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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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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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What price exclusivity? If you ask  Lamborghini, one million euros ($1.4 million) should do it --  before tax, of course.
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Italian industrial group Fiat (FIA.MI: Quote, Profile, Research) narrowed its operating loss to 97 million euros ($124 million) in the third quarter from 285 million a year ago but its car arm continued to fall short of analysts
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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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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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The London Stock Exchange was considering making a bid of $2 billion to acquire Borsa Italiana, the operator of the stock exchange in Milan, two people close to the companies said. The two exchanges discussed a potential merger and were set to continue discussions today, a spokesman for Borsa Italiana said. The spokesman, Alessandro Pavesi, said the proposal from the London exchange is the only one being considered. Both exchanges have fended off takeover approaches in the last year, and a merger might help them avoid a takeover in the future, said Rupak Ghose, an analyst at Credit Suisse in London. âIt is not surprising that the L.S.E. is looking at different alternatives to become larger and hence avoid becoming acquired,â Mr. Ghose said in a note to investors.
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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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Canadian auto parts supplier Magna International Inc.  has been "seriously considering the potential purchase" of Chrysler Group, an analyst for KeyBanc Capital Markets said, citing unnamed sources.
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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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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.