Fiat and GM have discussed merging the European business

According to United States news of the car from the Detroit News, the Wall Street Journal quoted sources as saying that earlier this year United States General Motors and Italy Fiat Auto had brief talks on a European market integration.

left: General CEO  Exxon   right: CEO , Sergio Marchionne, of Fiat

General CEO talks only Exxon and Fiat's CEO, Sergio Marchionne, to participate in, but not yet a Director class. Meanwhile, GM and Peugeot Citroen PSA on merger talks. According to the Wall Street Journal reported that people familiar with the matter said, Fiat has tried to persuade the General that "Fiat is a better partner." In response, General Motors and Fiat spokesmen for three Pro, declined to comment.

published GM and PSA declarations of cooperation last month, Fiat lost opportunities for cooperation with the General.

local time on March 6, Fiat, Sergio Marchionne, CEO, Chrysler Group leaders said, although GM has started working with PSA, Fiat does not give up any chance of cooperation with potential customers. It is understood that the PSA and Fiat in Italy already had a joint venture, cooperative production of micro-surface on both sides.

GM reached an agreement with PSA, on the premise of no layoffs or production, will cut cost at least 2 billion in Europe every year.

the Wall Street Journal said, the car company automobile manufacturer cooperation become more inclined to mutual cooperation to solve some common problems.

Contacts us

Phone: 0459-632545

Fax: 0459-632545