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GM Generali

23.40
-0.18 (-0.76%)
15 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Generali AQEU:GM Aquis Europe Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.18 -0.76% 23.40 23.48 23.49 23.67 23.40 23.49 203,680 16:50:27

UPDATE: Fiat CEO Reiterates Interest For Opel - Report

05/06/2009 1:00pm

Dow Jones News


Generali (AQEU:GM)
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From Jul 2019 to Jul 2024

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Fiat SpA (F.MI) Chief Executive Sergio Marchionne Friday reiterated the carmaker's interest in taking over General Motors Corp.'s (GMGMQ) unit Adam Opel Gmbh but said it doesn't depend on him, Italian newswire service Ansa reports Friday.

"The interest is still there," Marchionne said on the sidelines of an event in Turin. A Fiat spokesman wasn't immediately available for comment.

When asked if Fiat already used a EUR1 billion credit-line facility granted by a group of banks earlier this year, Marchionne said Fiat doesn't need it for now.

Fiat's chief executive added that the company is still working on Chrylser at the moment.

"Chrysler will have a great future," Marchionne said. "We will be able to handle everything."

In April, Fiat announced an alliance with Chrysler to produce cars in the U.S.

Shares of Fiat suffered a new wave of selling Friday. At 1115 GMT, they were down 0.7% at EUR7.66 on an overall slightly positive market.

-By Sabrina Cohen, Dow Jones Newswires; +39 02 5821 9906; sabrina.cohen@dowjones.com

 
 

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