Anxious car makers speed toward global pacts
19 May 2009

The breakdown of two of Detroit's Big Three is bringing a new urgency to the scramble among the world's car makers to forge alliances with former rivals, carve inroads into new markets and shop for well-known brands.
The turmoil has led to a flurry of deals that is realigning the automotive playing field. Italian automaker Fiat's bid to become a truly global player by acquiring control of Chrysler and eyeing General Motors Corp's European operations is only the most obvious move.
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