UK: GM may take controlling interest in Fiat Auto credit arm
General Motors is reportedly in talks with Fiat Group that could lead to GM taking a controlling interest in Fidis, Fiat Auto's consumer credit arm. The Financial Times reports that GM may acquire a 51% stake in Fidis in a move that would scupper a rival bid from Banca di Roma, Intesa BCI and SanPaolo IMI.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable