Fiat helps boost Italian car sales

Article Abstract:

Fiat SpA posted an 18% rise in Italian car sales for the month of January 2000. The car maker sold 267,200 vehicles for the month. Fiat's 1999 sales increased 42% to 104,497.

Sales & consumption, Statistics

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Fiat and GM launch alliance but fail to tackle overcapacity; deal includes share swap, joint ventures in European and South American operations

Article Abstract:

Fiat and General Motos established an alliance to help each company expand their markets in Europe and Latin America. General Motors will obtain 20% of Fiat Auto and Fiat will obtain 5.1% of General Motors' common stock to establish the partnership.

United States, Alliances, partnerships, Statistical Data Included, Contracts, General Motors Corp., GM

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Fiat is seeking sale or partner for Magneti Marelli

Article Abstract:

Fiat SpA is seeking a partner who will acquire its Magneti Marelli SpA unit. The capital raised from such a sale would be used for Fiat's debt payments.

Engine electrical equipment, Strategy & planning, Auto Electrical Equipment, Motor Vehicle Electrical and Electronic Equipment Manufacturing, Planning, Automobile equipment and supplies industry, Automotive parts industry, Automotive electric equipment, Magneti Marelli S.p.A.

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