FROM BUSINESS WEEK: Fiat will address the question of whether it’s going to spin off its automobile unit when it presents a new business plan to investors in April, Fiat CEO Sergio Marchionne said Wednesday.
The possibility of spinning off Fiat Auto, which includes the Fiat, Lancia and Alfa Romeo brands, from the rest of the group has long been on the table. Fiat also makes trucks and agricultural equipment. A spinoff was presented as a concrete option last spring when Fiat, fresh from an alliance with Chrysler, was talking with General Motors about aquiring its German subsidiary Opel, plans that were eventually dropped. MORE»
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