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GM, Fiat considered merging Europe operations, report says

Fri, 09 Mar 2012 00:00:00 -0800

General Motors Co. and Fiat S.p.A. "briefly" discussed a merger of their European operations earlier this year, the Wall Street Journal reported, citing people familiar with the talks.

The discussions involved the companies' CEOs, GM's Dan Akerson and Fiat's Sergio Marchionne, but never reached board level,the paper said.

At the time, GM was also in negotiations with PSA/Peugeot-Citro

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