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According to Bloomberg, Monday will be an interesting day for Fiat. January 3, 2011 marks the day that investors will be able to assign value to the stocks of the newly split company. Fiat Industrial SpA, which includes Iveco trucks and CNH Global NV (Case, New Holland), has officially separated from the company's automotive arm. Early estimates seem to indicate that the truck and tractor section of Fiat will likely open at €9.40 per share ($12.59 USD), while Fiat automotive is expected to

With all the mergers and acquisitions going on in the automotive industry these days, few corporate structures have been as tumultuous as that of Fiat. The Italian group was once very centralized, but recently, it split its divisions into quasi-autonomous subsidiaries, then it stepped in and took the reins at Chrysler, and is now it is splitting itself into two distinct groups.

Although many suspect that Daimler wants to buy Iveco from Fiat Industrial S.p.A., the German automaker denies it is angling to purchase the commercial division. According to The New York Times, there were supposedly talks during the summer about Daimler purchasing the "non-car business" – we're not sure if that means the agricultural and the truck side – but apparently the two sides couldn't agree on a price.

Sergio Marchionne got his way. This week, shareholders approved his plan to separate Fiat S.p.A. into Fiat Autos and Fiat Industrial. Marchionne believes that the two companies can work better without having to consider each others' divergent strategies. "Fiat Group Automobiles is destined to become, in combination with Chrysler, a leading global producer, reaching the threshold of 6 million cars a year by 2014," he said.

Fiat S.p.A is a conglomerate divided into Fiat Autos and Fiat Industrial, the two combining to own or control well over 20 companies. The auto side includes Alfa Romeo, Ferrari and Maserati, Magnetti Marelli and Fiat Powertrain Technologies. The industrial side controls companies like Iveco and Case New Holland, the latter being the second largest producer of agricultural equipment in the world after Deere & Company.

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