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Fiat, GM reach settlement deal: report
www.chinaview.cn 2005-02-14 01:36:51

    ROME, Feb. 13 (Xinhuanet) -- Fiat and General Motors reached an agreement in which GM will pay 1.5 billion dollars to Fiat in order to not have to buy Fiat's auto business, Italy's ANSA news agency reported Sunday.

    Fiat's board of directors approved the deal at an emergency meeting on Sunday, said ANSA. Enditem
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