Fiat is soon expected to take over General Motors' European operations. Information obtained by SPIEGEL from sources familiar with the negotiations say that Fiat will sign a letter of intent on Tuesday. Afterwards, the Italian carmaker would obtain a majority stake in the troubled German auto manufacturer Opel.
GM subsidiary Opel is also involved in promising negotiations with autoparts supplier Magna. Opel management and workers would likely greet an investment by Magna because the international parts and components company has a strong reputation in research and development and could complement the German automaker. But executives in Detroit and officials in Germany's Economics Ministry appear to be more interested in a hastier solution with Fiat.
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