GM and Fiat Finalize Partnership
July 4th, 2009 by Jaren
The company that is considered to be one of the US Auto Industry’s big three has indeed collapsed and has come to an agreement with the French Automaker Fiat to a partnership which they hope will allow them to continue operations. Though they are currently on a suspended mode, the company hopes to be back on the market before the end of the year allowing customers. The government is watching the two companies closely to fast get them out on a deal and for them to start withdrawing control of the firm which they have guardianship control over. GM promises to pay back the government the billions of dollars they have received form the government as they get back on their feet to serve the driving public.
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