By the end of April Fiat could increase its holding in Chrysler Group up to 30%, earning an additional 5% of the equity in its possession. It gives the news the news agency Bloomberg, citing reliable sources within defined. This provision is subject to the achievement of two goals set by Obama: The marketing of cars outside North America for a total of $ 1.5 billion and Chrysler vehicles in the presence of at least 90% of Fiat dealers in Brazil.
Fiat CEO Sergio Marchionne and his staff have met the first condition rather smoothly, thanks to the remarkable work of renovation of the cars, while respecting the second either-there is no intention to sell Fiat cars currently Logo in the range Chrysler. The U.S. Treasury Department will give the final go-ahead with the operation only after approving the validity of the procedure.
By the end of 2011 Marchionne then try to complete the climb up to reach 51% of Chrysler stake. 
Fiat CEO Sergio Marchionne and his staff have met the first condition rather smoothly, thanks to the remarkable work of renovation of the cars, while respecting the second either-there is no intention to sell Fiat cars currently Logo in the range Chrysler. The U.S. Treasury Department will give the final go-ahead with the operation only after approving the validity of the procedure.
By the end of 2011 Marchionne then try to complete the climb up to reach 51% of Chrysler stake.
- Fiat said to plan increase in Chrysler stake to 30% within weeks (05/04/2011)
- Chrysler canceling overtime to conserve parts (05/04/2011)
- Fiat Said to Plan Chrysler Stake Increase to 30% in Weeks (05/04/2011)
- Chrysler canceling overtime to conserve parts (06/04/2011)
- Fiat cleared to buy up Chrysler (09/06/2009)
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