India: Reva confirms interest in Fiat’s Sicilian plant

Indian electric car manufacturer Reva has confirmed that it has indeed held preliminary talks with Cape-Natixis SGR, an Italian private equity firm, concerning Fiat Group's Termini Imerese plant in Sicily. The OEM says it has yet to reach an agreement to propose a conversion of the facility, Dow Jones Newswires says. Subscribe to Automotive World … Continued

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• January 20, 2010