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Fiat officially owns 100 per cent stake in Chrysler

Fiat officially owns 100 per cent stake in Chrysler picture #1

Chrysler: Agreement with Ottawa and Ontario?

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Sergio Marchionne: Still at least three years

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Fiat undertakes the full redemption of Chrysler

Very recently, we announced that Fiat would acquire 41.5% of the remaining shares of Chrysler LLC in order to take control.

This has now been done and the Italian manufacturer would have injected $ 4.35 billion to realize.

Redemption made possible thanks to an agreement between Fiat and Chrysler Employees'Beneficiary Voluntary Association (VEBA).

For the big boss of Fiat / Chrysler Group Sergio Marchionne, the next step will be to strengthen its new product development schedule, which will be unveiled in April 2014.

Fiat officially owns 100 per cent stake in Chrysler picture #5

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