nos encontramos con la perla del cadillac y ahora esto........
quien c**o va a costear esto???? y luego dicen que GME da perdidas, la de reduccion de costes que van a tener que hacer.....
y la otra es la de los bonos de GM........jujuju
GM to pay $2 billion to end Fiat alliance
By Luca Ciferri
Automotive News / February 14, 2005
TURIN -- Fiat and General Motors agreed on Sunday, Feb. 13, to end all aspects of their 2000 alliance.
That includes canceling the put option that allowed Fiat group to force GM to buy Fiat Auto, unwinding the Fiat-GM joint venture in purchasing and powertrains and GM returning its remaining 10 percent share of Fiat Auto to Fiat group.
On the financial side, GM agreed to pay Fiat 1.56 billion euros ($2 billion) to end the relationship. Of that, 1 billion euros will be paid February 14. The remaining 559 million euros will be paid when the joint ventures are completely unwound, which is expected within 90 days.
GM will take an after-tax charge to earnings of approximately $840 million or $1.49 per fully diluted share.
When the Fiat-GM Powertrain (FGP) joint venture is dissolved within 90 days, both sides will regain complete ownership of the assets each originally contributed in July 2000.
During a transition period, FGP will continue to supply engines and transmissions to both companies so that their respective operations will not be disrupted.
As part of the settlement, GM also will also:
own 50 percent of the Bielsko Biala, Poland, plant that manufactures 1.3-liter diesel engines, as well as 50 percent of the related intellectual property.
co-own 1.9-liter JTD diesel engine common-rail technology and continue to supply most of its European requirements from the Fiat Auto plant in Pratola Serra, Italy. Despite co-owning the intellectual property rights, GM agreed not to manufacture JTD diesel engines outside Europe that would be shipped to Europe.
continue to buy engineering support from Fiat Auto, Fiat Research Center and Elasis Research Center for the development of diesel technology.
As part of the settlement, Fiat Auto will also:
co-own the intellectual property of the new M20-32 manual transmission.
continue to leverage GM purchasing power by participating in GM's purchasing alliance program;
buy gasoline engines from GM for use in China.
In addition, as part of the settlement, Fiat and GM can freely use, even with third party partners, the two common platforms they have developed. Those are:
the so-called Premium platform. That will debut at the March Geneva auto show as the Alfa Romeo Brera and 159 sedan. GM has no application yet.
the Small Car Component System (SCCS). The platform will debut in September at the Frankfurt auto show as the third-generation Fiat Punto. GM's version due in late 2006 will be the replacement Opel/Vauxhall Corsa.
Fiat also will have the same freedom to use GM's Epsilon platform. The first use will be the new Fiat Croma debuting at the Geneva auto show next month.
saludos
8) sin que sirva de precedente...!! 