GM may buy back into Fiat

General Motors got out of its purchase option with FIAT by paying them $2 Billion. Now both Shanghai Automotive Industry Corp(SAIC)(a joint venture with General Motors and Volkswagen in China) and TATA Motor Group are rumored to be interested in purchasing FIAT, the parent company of Ferrari and Maserati. This would give either company a foray into Europe and Latin America and, possibly, a footprint into the United States, slicing the domestic market share pie just a little more. Carlist.com