Quote:
Originally Posted by amitpunjani
hi Airwind
I would appreciate if you could put some more light on how Fiat Maruti contract for engines would be effected if GM goes bankrupt?
Thanks
Amit |
It was thru GM that Suzuki had access to a wide range of Fiat MJD engines (GM used to hold/still holds stake in Fiat/Suzuki), GM previously spun off its entire holdings in Fiat (a year or 2 back) and is now planning to off load its entire holding in Suzuki.
I'm guessing that would leave Fiat and Suzuki to decide on their partnership future! Given 1.3MJD doing duty in Palio, Linea, GP & Vista, what would prompt Fiat (or Tata) to oblige to a defunct relationship and jeopardize their Indian market ops? |