Cars
We’re pretty sure you’ve heard enough about Fiat’s attempts to gain full control of Chrysler, since this endeavor is taking longer than expected and is delaying the merger between the two carmakers.
- Fiat Chrysler Automobiles Is Born And This Is Their Logo
Sergio Marchionne’s dream has finally come true: the board of directors of Fiat S.p.A. today approved the formation of Fiat Chrysler Automobiles (FCA) as a fully-integrated global automaker. Following Fiat’s full acquisition of Chrysler,...
- Fiat Finally Completes Chrysler Acquisition, Will Pay Veba $4.35 Billion For 41.5 Percent Stake
The rumors were true this time: on January 1, 2014, Fiat announced an agreement with the VEBA Trust (The Voluntary Employees’ Beneficiary Association), under which its wholly owned subsidiary, Fiat North America LLC, will acquire the VEBA Trust’s...
- Fiat Increases Its Chrysler Stake To 68.49 Percent
Fiat announced this week that it has exercised an option to buy another 3.3 percent of U.S. automaker Chrysler, bringing its total amount of shares in the company to 68.49 percent. Including this latest purchase, Fiat has exercised three of its six-monthly...
- Fiat Completes Purchase Of Chrysler From U.s. And Canadian Governments, Us Taxpayers Lose $1.3 Billion
The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States...
- Fiat To Chrysler: We'll Scrap The Deal If Unions Don't Cut Costs
In an interview with Canadian newspaper Globe and Mail that was published on Wednesday, Fiat Group's CEO Sergio Marchionne said that the Italians are going to abandon talks with Chrysler LLC unless the American automaker's unions agree to perform...
Cars
Fiat Reportedly Restarted Talks with VEBA to Buy Chrysler Shares
We’re pretty sure you’ve heard enough about Fiat’s attempts to gain full control of Chrysler, since this endeavor is taking longer than expected and is delaying the merger between the two carmakers.
The latest news is that Fiat CEO Sergio Marchionne has restarted negotiations with a United Auto Workers (UAW) medical trust to buy the remaining shares of Chrysler Group LLC.
Read more »- Fiat Chrysler Automobiles Is Born And This Is Their Logo
Sergio Marchionne’s dream has finally come true: the board of directors of Fiat S.p.A. today approved the formation of Fiat Chrysler Automobiles (FCA) as a fully-integrated global automaker. Following Fiat’s full acquisition of Chrysler,...
- Fiat Finally Completes Chrysler Acquisition, Will Pay Veba $4.35 Billion For 41.5 Percent Stake
The rumors were true this time: on January 1, 2014, Fiat announced an agreement with the VEBA Trust (The Voluntary Employees’ Beneficiary Association), under which its wholly owned subsidiary, Fiat North America LLC, will acquire the VEBA Trust’s...
- Fiat Increases Its Chrysler Stake To 68.49 Percent
Fiat announced this week that it has exercised an option to buy another 3.3 percent of U.S. automaker Chrysler, bringing its total amount of shares in the company to 68.49 percent. Including this latest purchase, Fiat has exercised three of its six-monthly...
- Fiat Completes Purchase Of Chrysler From U.s. And Canadian Governments, Us Taxpayers Lose $1.3 Billion
The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States...
- Fiat To Chrysler: We'll Scrap The Deal If Unions Don't Cut Costs
In an interview with Canadian newspaper Globe and Mail that was published on Wednesday, Fiat Group's CEO Sergio Marchionne said that the Italians are going to abandon talks with Chrysler LLC unless the American automaker's unions agree to perform...