Source Pravda.Ru

Fiat failed to reach an accord in negotiations with GM

&to=http:// english.pravda.ru/comp/2002/06/14/30335.html' target=_blank>Fiat SpA, Italy's largest manufacturer, failed to reach an accord with &to=http:// english.pravda.ru/comp/2002/09/25/37203.html' target=_blank>General Motors Corp. on an option to sell its unprofitable auto unit to the world's biggest carmaker, setting up a possible court battle. Fiat's shares plunged.