Fiat wins approval to buy Bertone, will invest $215.9 million over 3 years
Fiat SpA’s bid for Carrozzeria Bertone was approved Thursday by the Italian government. Fiat won against other bidders including entrepreneurs Gianmario Rossignolo and Domenico Reviglio, Chinese automaker FAW Group Corp. and an unnamed Spanish group. The Italian automaker will now invest $215.9 million (150 million euros) over three years in the coach-builder that has produced models ranging [...]

