Fiat exercises option to buy additional 3.3% of Chrysler shares

Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent. The move is part of CEO Sergio Marchionne's step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen. Fiat [...]

By | 2017-07-05T14:32:26+02:00 September 10th, 2014|Automakers, Manufacturing, Production|1 Comment