Fiat hopes to purchase GM Europe . `` It 's an incredibly simple solution to a very thorny problem , '' Marchionne told the Financial Times . The announcement comes a week after Fiat agreed to buy a stake in GM . Fiat Europe would create one of the world 's largest car manufacturers . The new company , Fiat / Opel , would generate $ 1 billion a year .
Fiat hopes to purchase GM Europe . The announcement comes a week after Fiat agreed to buy a stake in GM . Fiat Europe would create one of the world 's largest car manufacturers . The new company , Fiat / Opel , would generate $ 1 billion a year .