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Fiat and Mr. Marchionne are still hoping to acquire Opel, and are wary of letting their main rival in the talks, Magna, gain the upper hand. But Fiat, based in Turin, Italy, wants to avoid putting cash into Opel and believes it is the German ...
AsiaOne NY Earlier this month, the Fiat chief executive Sergio Marchionne said he was interested in acquiring Saab. Fiat is already in a deal to take over part of bankrupt Chrysler and is negotiations for GM's money-losing Opel unit.