Fiat Considering To Partner With GM Europe?

Posted on 20. Apr, 2009 by in 2000-2009

The Motor Authority & “Hotstocked” are reporting that Fiat, the company that got away from Saab Automobile back in 1989, is back in the news again this week. Apparently, Fiat is planning on partnering with GM Europe in addition to their attempts to partner with Chrysler in case that goes south.

I am interested in this news because it sounds like the original story I heard back in January about GM Europe forming a new auto group with Fiat.

What is interesting about this is that the Motor Authority says that the partnership will not include Saab. I sure hope they are wrong as I’d like to see Fiat partnering with Saab, even though it’s 20 years too late. Furthermore, I wonder who their “source” was that provided this information. What do you think?

Here is Motor Authorities quote:

While Fiat and Chrysler are desperately trying to secure an alliance here in the United States, the Italian side of the duo is also reportedly considering an alliance with General Motors’ core operations in Europe and Latin America. If all goes ahead, a merged Fiat and Chrysler, along with the GM operations, would become the world’s second-largest auto group.

The latest information comes from a source familiar with the matter, who revealed to Automotive News that talks between Fiat and GM are in the early phase and are not an alternative to Fiat’s ongoing negotiations with Chrysler. The GM operations involved would include the Opel and Vauxhall brands in Europe and GM Latin America in South America. Not included is Saab and Chevrolet’s European operations.

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