Tag: Chrysler Group

• Friday, January 3rd 2014 - 00:30 UTC

  Chrysler becomes 100% Italian as FIAT buys remaining 41% stake

  

  Shares in Italian car giant Fiat have jumped more than 15% following the announcement of its plan to buy the remaining 41% of Chrysler it does not own. Fiat has owned a majority stake in the US company since 2009.

• Tuesday, May 31st 2011 - 08:13 UTC

  Fiat was saved from collapse by sales in Latin America admits CEO Marchionne

  

  Fiat and Chrysler Group president Sergio Marchionne said on Monday that car sales in Latin America saved the corporation’s balance sheet last year and announced an overall increase in car sale operations in accordance with regional demand.