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Fiat officially owns 100 per cent stake in Chrysler![]() Chrysler: Agreement with Ottawa and Ontario? ![]() Chrysler Fiat Automobiles: A new entity ![]() Sergio Marchionne: Still at least three years ![]() 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. ![]()
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