moparnut
Administrator
Reuters reported that several companies have approached FCA to buy Magneti Marelli, anauto parts division created in the last centuryas a joint venture and later taken over by Fiat. Mr. Marchionne was asked about rumors swirling around the sale of the business to Samsung, while at the Sterling Heights stamping plant today. Current rumor has just the telematics portion of the business going to Samsung. Mr Marchionne did not comment onSamsung specifically, but the sale would […]
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