Italy: Fiat responds to spin-off rumours

Fiat has issued a statement in response to recent reports that it could spin off its automotive business. Italian newspaper Milano Finanza recently reported that Fiat chief executive Sergio Marchionne was considering merging Fiat's automotive activities with Chrysler as part of a step towards an eventual spin-off. Fiat acquired a It’s time to log in … Continued

• By Webmaster
• March 9, 2010