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Cars Thread About, Fiat Raises Chrysler Stake To 30% |
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Fiat Raises Chrysler Stake To 30%
Marchionne looking to eventually own more than half of the Detroit automaker. (autos.AOL.com) ![]() by Michael Zak 07:42:07PM (DST) Thursday,April 14,2011. After meeting benchmarks set by the U.S. federal government, Italian automaker Fiat increased its ownership in Chrysler Group LLC from 25% to 30% on Tuesday. Fiat's stake can rise to 35% once it begins production of a 40 MPG vehicle in the United States. More-->Fiat Raises Chrysler Stake To 30% ------------------------------------------------------------- * Another plus for Chrysler. Newly redesigned vehicles looking good. *
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