Cars
Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.
- Chrysler Group Reports Best April Sales Since 2008 With A 20 Percent Increase Over Last Year
The Chrysler Group's U.S. sales in April grew 20 percent over the same month last year to 141,165 units, making it the company's best April since 2008, which was before it went into bankruptcy. All four brands of the Chrysler Group posted sales...
- The Chrysler Group Takes Over The Fiat Group's Australian Operations
Fiat may have been the one to buy a controlling stake in Chrysler, but it's the American arm of the company that it destined to take over the distribution of Fiat, Alfa Romeo and Fiat Professional vehicles in Australia. In a similar move, Chrysler...
- Fiat Spa Boosts Chrysler Llc Stake To 30 Percent
Fiat’s merger with the Chrysler Group seems to be going well as the Italian company increased its overall stake in the Detroit automaker from 25 to 30 percent on Tuesday. “The increase is the result of the Company’s achievement of...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Chrysler - Fiat Deal Finalized After U.s. Supreme Court Clears The Path, Marchionne Appointed New Chrysler Group Ceo
The U.S. Supreme Court has finally cleared the way for the government-backed sale of Chrysler LLC to the Fiat Group. The Supreme Court rejected arguments from three Indiana pension funds and other opponents of the transaction to delay the deal while the...
Cars
Report: Fiat to Raise Chrysler Stake to 30 Percent within the Next Few Weeks
Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.
The first condition is that 90 percent of Fiat's Latin American dealers must offer Chrysler vehicles as well. To satisfy this request, Fiat CEO Sergio Marchionne plans to sell Chrysler models rebadged as Fiats in Brazil, Latin America's largest market, where the Italian brand holds the number one spot.
Read more »- Chrysler Group Reports Best April Sales Since 2008 With A 20 Percent Increase Over Last Year
The Chrysler Group's U.S. sales in April grew 20 percent over the same month last year to 141,165 units, making it the company's best April since 2008, which was before it went into bankruptcy. All four brands of the Chrysler Group posted sales...
- The Chrysler Group Takes Over The Fiat Group's Australian Operations
Fiat may have been the one to buy a controlling stake in Chrysler, but it's the American arm of the company that it destined to take over the distribution of Fiat, Alfa Romeo and Fiat Professional vehicles in Australia. In a similar move, Chrysler...
- Fiat Spa Boosts Chrysler Llc Stake To 30 Percent
Fiat’s merger with the Chrysler Group seems to be going well as the Italian company increased its overall stake in the Detroit automaker from 25 to 30 percent on Tuesday. “The increase is the result of the Company’s achievement of...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Chrysler - Fiat Deal Finalized After U.s. Supreme Court Clears The Path, Marchionne Appointed New Chrysler Group Ceo
The U.S. Supreme Court has finally cleared the way for the government-backed sale of Chrysler LLC to the Fiat Group. The Supreme Court rejected arguments from three Indiana pension funds and other opponents of the transaction to delay the deal while the...