Fiat eyes new company with GM Europe, Chrysler

May 04, 2009 0 Replies

ROME ? Fiat Group SpA confirmed Sunday that it is in talks to buy General Motors' European operations, in a move that, combined with its planned takeover of Chrysler LLC, would form one of the world's biggest car and truck makers.



The new auto manufacturer would have $105 billion in annual revenue, Fiat said in a statement.



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