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Fiat Ups Stake In Chrysler, Volkswagen Buys Rest Of Porsche

Old Jul 5, 2012 | 09:10 AM
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Default Fiat Ups Stake In Chrysler, Volkswagen Buys Rest Of Porsche

While Americans were celebrating independence yesterday, two European automakers announced plans to gobble up more of their partners -- including one very American company. Fiat and Chrysler Here in the U.S., Chrysler/Fiat CEO Sergio Marchionne announced that Fiat's ownership stake in Chrysler would soon creep upward, from 58.5% to 61.8%. The...





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