The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel.
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It could be second time lucky for an Opel-Fiat tieup, four years after their alliance break up, which cost General Motors $2 billion. What has changed to make it worth the two former partners getting back together again? In a word: Everything.
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Fiat on Thursday refuted a report in German magazine Der Spiegel that said it would acquire a majority stake in Opel.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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Fiat plans to take a majority stake in General Motors' Opel/Vauxhall brands, Opel labor boss Klaus Franz told the German press agency DPA today.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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Fiat said today that it is still in talks to form a partnership with Chrysler as speculation mounted that the Italian automaker plans to take a majority stake in General Motors' Opel/Vauxhall brands.
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Private investor Cerberus, majority owner of Chrysler, is not interested in a stake in Opel, a source said on Wednesday.
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General Motors is prepared to hand over part of Opel without setting a price for the German unit, company sources told a newspaper.
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Chinese bidders are among investors interested in buying a stake in General Motors' Opel and Vauxhall brands, according to sources familiar with GM's negotiations about the future of its European operations.
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Chinese bidders are among investors interested in buying a stake in General Motors' Opel and Vauxhall brands, according to sources familiar with GM's negotiations about the future of its European operations.
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Chinese bidders are among investors interested in buying a stake in General Motors' Opel and Vauxhall brands, according to sources familiar with GM negotiations about the future of its European operations.
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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with...
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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with...
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Bernd Pischetsrieder, ex-CEO of Volkswagen, could be a suitable head of a new Opel company independent of U.S. parent General Motors, an Opel dealer group in Germany said.
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General Motors has sent out confidentiality agreements to more than six potential investors for its Opel/Vauxhall unit, CEO Fritz Henderson said.
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General Motors is prepared to part with a controlling stake in Opel/Vauxhall for nothing but a pledge to invest directly in a new company formed from its European operations, the Financial Times said on Sunday, citing two people familiar with...
Full story...
Bernd Pischetsrieder, ex-CEO of Volkswagen, could be a suitable head of a new Opel company independent of U.S. parent General Motors, an Opel dealer group in Germany said.
Full story...
General Motors has sent out confidentiality agreements to more than six potential investors for its Opel/Vauxhall unit, CEO Fritz Henderson said.
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General Motors has sent out confidentiality agreements to more than six potential investors for its Opel/Vauxhall unit, CEO Fritz Henderson said.
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