Сори че не превеждам, но просто нямам време....

Fiat Mulls New Alliance with Peugeot

Friday November 26th, 2004

Ferrari owner Fiat is close to parting from US partner General Motors Corp and is looking at the possibility of new alliances with other carmakers including Peugeot, a newspaper said on Friday.

Fiat Chief Executive Sergio Marchionne would start discussing a "divorce" with GM at a meeting on Dec. 14, Italian daily La Repubblica said. Fiat officials were not immediately available for a comment.

GM owns 10 percent of the Fiat group's car arm Fiat Auto and the two carmakers also have a number of joint ventures. Fiat has an option which could force GM to buy the rest of Fiat Auto from January but GM contests the validity of the option.

La Repubblica, quoting no sources, said Fiat could develop better synergies with Peugeot than with GM and the Italian carmaker did not rule out other possible alliances.

PSA Peugeot Citroen, however, said it has no plans to form an equity alliance.

"There is no plan for an equity tie with Fiat," a spokesman said, adding that existing cooperation between the two firms would continue. "We have worked in cooperation with Fiat for a long time. The arrangement has worked extremely well and will continue."

Понеже се поразрових по случая, сега откривам това.....
Ferrari owner Fiat has denied it is in talks about striking a major new alliance with other carmakers after a newspaper said its strained partnership with General Motors Corp. was about to crumble.

"Fiat and General Motors have an industrial and financial alliance, and there are no similar talks going on with other automakers," Fiat said in a statement on Friday.

Earlier, newspaper La Repubblica said Fiat wanted to pursue new joint ventures, particularly with PSA Peugeot Citroen, which already makes vans with Fiat.

GM owns 10 percent of Fiat Auto and they have joint ventures in powertrains and purchasing, but their relationship has been tense due to differences over a "put" option that Fiat can use to force GM to buy the rest of Fiat Auto from January 2005.

GM also denied that the US carmaker had plans to walk away from Fiat. "There is nothing new," a spokesman said. "Nothing has changed."

някой да преведе, щото поназнайвам нещо ама общата картинка ми не е ясна!