General Motors has finally reached an agreement with Fiat in its prolonged dispute over the ‘put’ option. The company agreed to pay Fiat US$2bn in order to avert a forced takeover of the Italian company’s struggling automotive business. The two companies also announced the dissolution of their five-year partnership, with GM to …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.
Next steps