Tuesday 19 September 2017

Fiat ups its stake in Chrysler to 68pc

Fiat has raised its stake in Chrysler by 3.3pc. It is all part of a step-by-step plan by its chief executive Sergio Marchionne towards full control of Chrysler and the creation of a merged company in a better position to compete with the major marques.

Fiat has now increased its stake to 68.49pc.

Irish Independent

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