Fiat Buys — Gm

GM CEO Mary Barra and the board rejected the proposal multiple times, stating that GM was better off growing on its own.

Years later, after Fiat successfully merged with Chrysler to form , Marchionne again aggressively pursued a merger with GM in 2015.

Are you interested in the (like shared engines) that resulted from these failed deals, or more about the current state of Stellantis? General Motors and Fiat SpA form alliance | Eurofound fiat buys gm

After several public and private overtures were rebuffed, FCA eventually moved on and merged with PSA Group in 2021 to form Stellantis .

As part of the deal, Fiat secured a "put option" that could force GM to buy the remaining 80% of Fiat's struggling auto division. GM CEO Mary Barra and the board rejected

In March 2000, Fiat and GM formed a strategic alliance to reduce costs through joint ventures in purchasing and engine production.

Marchionne envisioned creating a global powerhouse by merging these units with Chrysler. General Motors and Fiat SpA form alliance |

During the 2009 global financial crisis, Fiat's then-CEO Sergio Marchionne launched a bold bid to acquire GM’s European operations, including and Vauxhall .