Report: GM wants 30% stake in possible joint Opel-Fiat company

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May 7, 2009 by German Car Magazine
Filed under News

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fiat opel logos main 630 0507 350x200 Report: GM wants 30% stake in possible joint Opel Fiat company

The landscape of the automotive industry is changing, and before things are done, the changes may be massive. Already Fiat and Chrysler are forging an alliance, and Fiat is also going after part of Opel. Now a source says General Motors wants a piece of any merged Fiat-Opel operation that might result.

That would tie Chrysler and GM together through the intermediaries of Fiat and Opel. But so far Fiat (and soon Chrysler) CEO Sergio Marchionne is only open to a 10% stake in the merged Opel-Fiat company, according to Reuters.

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