Re: Fiat Reorganizes

[db serafini <dbserafini@domain.elided>]

> Date: Tue, 10 Dec 2002 15:24:29 -0800
> From: George Graves <gmgraves@domain.elided>
> Subject: 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 

I thought it was GM that wanted out of this deal?  Several reports I
read mentioned a $1B payment to Fiat for cancelling the put.


> re-org, is the long hoped-for coupling of Alfa Romeo with 
> Ferrari/Maserati (Hooray!) to form an automotive "Supergruppo."
> [...]


italiaspeed.com reported yesterday: 

"Projected plans to add the Alfa Romeo brand to create

a super luxury-sportscar group have run aground."

but they didn't provide any details.  Has anyone heard
anything about this?  The report was mainly about Maser
looking for cash to bring their SUV to market.



> George Graves
> '86 GTV-6
-dbs

'86 GTV-6
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