The shareholders of Italy's Fiat on Thursday approved the company's plan to divide its car and non-car making activities as part of a drive to increase its global clout. John Elkann , Fiat's 34-year old president, thanked shareholders for their approval, saying it was a "historical" event that "gives birth to two Fiats." The operation will leave a car-only Fiat with its own brand plus Ferrari , Lancia, Alfa Romeo , Maserati and its components and motor activities, while its truck-making and...
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