Fiat has options to boost Chrysler stake to more than 70%

As the U.S. government aims to exit its investments in the auto industry, Fiat S.p.A. has options to raise its stake in Chrysler Group LLC to over 70%. In a filing with the U.S. Securities and Exchange Commission, Chrysler said that after debts are repaid to the government, Fiat will have an option for 12 months to buy
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veyron1001 - 5/10/2011 5:20:25 PM

+7 Boost

An easy ticket into the US.

Willis - 5/11/2011 9:12:06 AM

+4 Boost

You do know that Fiat owns Ferrari, right?

nguyenvuminh - 5/10/2011 10:07:58 PM

+1 Boost

Agree with all of the comments above, I don't understand it either. From my uninformed impression, Chrysler is nothing more than a N American beachhead for Fiat's attempt at landing (dealer/distribution channel wise). There maybe some mfr capacity but that would be a small element as there are re-tooling cost issues. Technology wise, I can only see the truck/Jeep platform as I don't know whether Fiat has any such truck chassis in their current portfolio (?). But what do I know.

mini22 - 5/12/2011 10:34:46 AM

+1 Boost

Funny thing though. Chrysler is selling cars. You've all read that they actually made a profit. People are even buying the muched panned Chrysler 200.So guess what-If Chrysler continues to perform like this and Fiat owns the controlling stake Fiat's number's look better as well.Further is Chrysler continues to perform this way Fiat will not have to sell Alfa,will not have to sell Ferrari and will not have to offer an IPO. In many respects they will be like Ford but on a smaller scale not owing the US government anything.Most likely Chrysler will end up saving Fiat rather then the other way around.