Ad
The Fiat office in Turin: The Italian government last week threw its full support behind the 20 percent stake in Chrysler (Photo: Flickr)

Fiat vying for major expansion

Italian car firm Fiat, which last week secured rights to a 20 percent stake in American automobile giant Chrylser, signalled over the weekend that it is also interested in a merger with embattled European carmaker Opel.

Top Fiat officials will meet German economy and foreign ministers on Monday (4 May) to discuss the basis of a deal.

Fiat's chief executive, Sergio Marchionne, told the Financial Times over the weekend: "From an engineering and industrial point of view, this is a ...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
The Fiat office in Turin: The Italian government last week threw its full support behind the 20 percent stake in Chrysler (Photo: Flickr)

Tags

Ad
Ad
Ad