Re: Hope of Fiat avoiding GM buyout

[George Graves <gmgraves@xxxxxxxxxxx>]

Zak, this article is very hopeful, as I think most of us hope and pray 
that GM never get their grubby. marque devouring hands on Alfa Romeo 
(look how they've gutted SAAB). But the article contains a glaring 
error. Fiat Auto DOES NOT control Ferrari/Maserati. Those are 
controlled by Fiat Group, the parent company of Fiat Auto, and is a 
totally separate entity from Fiat Auto. Any sale to GM (or anybody 
else) would not include Ferrari/Maserati.

George Graves
'86 GTV-6 3.0S


On Monday, Jul 14, 2003, at 12:14 US/Pacific, alfa-digest wrote:


> Date: Mon, 14 Jul 2003 14:56:34 +0200
> From: Zak McGregor <zak@domain.elided>
> Subject: Hope of Fiat avoiding GM buyout
>
> http://www.cartoday.com/content/news/singlepage.asp?in=4750
>
> "The world's biggest car manufacturer, General Motors, has told the 
> Fiat Group
> the "put" option to force a buy out of its automotive division, which 
> can be
> exercised from next year, presented legal problems."...
>
> Ciao
>
> Zak
> - --
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