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Fiat Reorganizes
According to 'Automotive News -Europe', Fiat is reorganizing in a bid
to stave off the General Motors stock put which obligates them to buy
the remaining 80% of Fiat Auto in the next few years. Part of this
re-org, is the long hoped-for coupling of Alfa Romeo with
Ferrari/Maserati (Hooray!) to form an automotive "Supergruppo." There
is always the unexpected in deals like this, however, and in this case
the unexpected is an investment in the new "Supergruppo" by VW. Their
minority participation will consist mostly of some cross pollination of
technology and manufacturing methodology, as well as the Supergruppo's
access to VW cash. Things are looking up!
George Graves
'86 GTV-6
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