Fiat, GM to Start Mediation Over Option
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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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ROME Fiat says no agreement was reached in a meeting with General Motors that was expected to focus on the possible sale of the Italian giant&#39;s auto business.
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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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Executives from General Motors Corp. gathered in Switzerland on Tuesday for a meeting with their Fiat SpA counterparts at which they are expected to discuss the possible sale of the Italian giant's auto ...
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Fiat kept up the pressure on General  Motors Corp. before a key meeting on Tuesday, saying the U.S.  group would not be able to shut down the Italian carmaker if it  ends up having to buy it.
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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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General Motors Corp.&#039;s   management plans to air arguments against a proposed three-way  alliance with Nissan Motor Co. (7201.T) and Renault SA   at a meeting with its board on Friday, The Wall  Street Journal reported.
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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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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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Â«Nell&#39;incontro tra Fiat e GM di ieri non Ã¨ stato raggiunto un accordo sui temi finanziari e industriali rilevanti relativi all&#39;alleanzaÂ». Ã quanto precisa in una nota la Fiat. Â«In proposito - aggiunge
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General Motors Corp.  is  in preliminary talks to buy Chrysler, a source familiar with  the situation said on Friday.
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Outraged workers in Germany refuse to resume production as automaker seeks to save $623.8Ma year. FRANKFURT, Germany  - General Motors management started negotiations with union leaders Monday over
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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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Negotiations for a new labor contract between General Motors Corp  and the United Auto Workers union resumed on Friday morning as the No. 1 U.S. automaker heads toward a midnight deadline to either clinch a deal or face a possible strike.
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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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NEW YORK/DETROIT  - General Motors Corp. is in preliminary talks to buy Chrysler, a source familiar with the situation said on Friday.
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Ferrari owner Fiat is trying to make GM (General Motors) buy the Italian marque&#39;s financially troubled auto division. Reportedly, Fiat has a &#39;put option&#39; on a four-year-old contract to compel the world&#39;s largest