In a surprise reversal that has left politicians across Germany fuming, General Motors' board has voted to abandon a deal to sell its European operations to car-parts supplier Magna International Inc. and Russian bank Sberbank.
By Online DA
With designs for global expansion, Italian automaker Fiat plans to acquire part of the restructured Chrysler company and is moving to take over GM's European unit. A Business Week reporter explains Fiat's plan.
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