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Reader Comments for
Subscribe to this threadFiat buys Zastava to build new Topolino microcar
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GM? @ May 2nd 2008 8:20AM
Is this what they are doing with all that GM cash they received?
fsx @ May 2nd 2008 8:40AM
No, the GM money is long gone (it was not much more than a billion euros, which is change in the auto business). European manufacturers are making profits these days, you know? Someone ought to tell GM execs that it's possible to make profits off cars.
rick @ May 2nd 2008 10:08AM
Another interesting point, one of the business magazines last year quoted Fiat's market capitalization (I believe that's the term) at something like 3x GM's. So yes, they are the wonderchild of turnaround in the automotive world at the moment. Great piece in The Economist also if your into that business and capitol stuff.
Dazza @ May 2nd 2008 10:28AM
No. Fiat has been back in the black for the past three years.