Fiat shows interst on Opel
Italian car makers 'Fiat' is going to buy the German car company 'Opel' which is under huge financial crysis.Opel is working under the American General Motors.Their financial debt is about 12 lakh euros.It is expected that G.M can earn about 435 crore dollars by selling Opel.
Magna STyrine which is a German company also have interest in buying Opel.But it is heard that G.M has more interest on Fiat.Fiat is the 6th biggest company in Europe.Fiat got a profit about 7730 crore dollars last year.Fiat is gaining a lot with this deal because about 80% G.M's involvement depends on Opel.
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