VW says no M&A projects on agenda, denies report on Fiat talks
BERLIN (Reuters) - German carmaker Volkswagen (VOWG_p.DE) said on Thursday there were currently no merger and acquisition projects on its agenda.
Manager Magazin reported on Thursday that VW Chairman Ferdinand Piech had held talks with owners of Fiat (FIA.MI) about purchasing all or part of the Italian firm.
VW and Fiat have both denied that such talks have taken place.
"There are currently no M&A projects on the agenda," a spokesman at VW's Wolfsburg-based headquarters said. "We are now focusing on boosting efficiency across the group."
(Reporting by Andreas Cremer and Jan C. Schwartz; Editing by Pravin Char)
RIMINI Italy - Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on Oct. 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.