Sunday, May 3, 2009

Fiat plans European car supergroup

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FT.com
 All times are London time: Sunday May 03 2009

Breaking news
Fiat plans European car supergroup
Sergio Marchionne, Fiat chief executive, is on Monday due to outline plans to transform the global automotive landscape by spinning off Fiat's core cars division, joining it with Chrysler and General Motors Europe, and creating a new publicly-traded European car company.

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