Opel and Vauxhall join Chrysler on Fiat’s expanding shopping list

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Series Details 24.4.09
Publication Date 24/04/2009
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Article reports that Fiat has set its sights on becoming one of the world's leading carmakers, April 2009, signalling interest in a stake in General Motors' European business, including the Opel and Vauxhall marques, as it also rushes to cement an alliance with Chrysler.

The Italian carmaker is among up to seven suitors for a stake in GM's European business, of which Germany's Opel forms the largest part, several government and car industry sources have told the Financial Times.

Deutsche Welle reports the head of the Opel workers' council, Klaus Franz, as saying that there were fears over what that could mean for Opel’s German workers.

Related Links
ESO: Background information: GM prepares to dispose of stake in European unit for nothing http://www.europeansources.info/record/gm-prepares-to-dispose-of-stake-in-european-unit-for-nothing/
Deutsche Welle, 23.4.09: Fiat wants majority stake in Opel, says workers' council http://www.dw-world.de/dw/article/0,,4200924,00.html

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