US/Italy: Fiat boosts Chrysler stake to 25%

Fiat's ownership interest in Chrysler Group has risen from 20% to 25%, following Chrysler’s completion of the first of three performance targets. Fiat obtained its 20% stake in the US OEM following Chrysler’s emergence from bankruptcy last year. Under an agreement between the OEMs and the US government, Fiat’s stake Subscribe to Automotive World to … Continued

• By Webmaster
• January 10, 2011