Italy/US: Fiat ups Chrysler stake to 58.5%

Fiat has announced it has increased its stake in Chrysler to 58.5% from 53.5%, having achieved the so-called ecological event, originally set out as the third performance event in the Chrysler Group Operating Agreement. To achieve the ecological event Chrysler was required to receive regulatory approval for a vehicle based on Subscribe to Automotive World … Continued

• By Webmaster
• January 5, 2012