Fiat boss denies end of GM tie-up
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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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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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Fiat will meet car giant GM on Tuesday in an attempt to reach agreement over the future of the Italian firm's loss-making auto group.
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The CEO of the British Racing Drivers Club has denied that a deal has been struck with the Brands Synergy group to rescue the British Grand Prix.
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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&#39;s auto business.
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Fiat SpA said Monday the end of its mediation period with General Motors Corp. had been pushed back until Feb. 1, but that it will have the option to compel GM to buy its troubled auto division beginning the following day.
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THE head of MG Rover has held out the prospect of increased production at the car giant&#39;s UK factory under plans to link up with China&#39;s biggest auto manufacturer.
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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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Scandal-hit Japanese carmaker Mitsubishi Motors denied reports that it was negotiating a business link with PSA Peugeot Citroen Group of France.
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Fiat SpA said Wednesday it had failed to settle with General Motors Corp. over an option to force the U.S. giant to buy its ailing auto unit, raising the prospect of a legal battle and sending Fiat's shares tumbling.
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MILAN General Motors and Fiat on Wednesday edged closer to initiating a legal battle that could pit the two carmakers against each other in a New York City court room as early as next month.
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TURIN/DETROIT  - Fiat FIA.MI and General Motors  GM.N on Sunday dissolved their five-year partnership with the  U.S. auto giant paying the Italian group 1.55 billion euros ($2  billion) in cash to avoid having to buy loss-making Fiat Auto.
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LONDON  - General Motors denied a newspaper report Wednesday that said it plans to cut 3,000 jobs in Europe to offset losses in its operations across the region.
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US carmaker GM agrees a $2bn price-tag with Fiat to get out of a deal which could have forced it to buy the Italian firm.
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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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The CEO of Fiat (FIA.MI: Quote, Profile, Research) believes that exercising an option forcing General Motors (GM.N: Quote, Profile, Research) to buy its loss-mired car unit would probably result in more work for the operation
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Financial terms of the agreement between GM, the world&#39;s largest automaker, and its German-American rival weren&#39;t disclosed yesterday, but Tom Stephens, GM&#39;s group vice