Fiat announced today the day to be increased to 46% ownership in Chrysler. The next target of the Lingotto now is to achieve the goal-that of 51% - by the end of 2011. The announcement has been defined by Sergio Marchionne a "major step". "We decided to up the tempo as much as possible to speed up the creation of a single group.
Chrysler is following an extraordinary journey of recovery in the industrial and economic development and Fiat is ready to take control, "says Marchionne. The ad also claimed that Fiat will consolidate the accounts of Chrysler in its financial statements, perhaps before you even reach 51% of the capital of the manufacturer overseas.
Chrysler is following an extraordinary journey of recovery in the industrial and economic development and Fiat is ready to take control, "says Marchionne. The ad also claimed that Fiat will consolidate the accounts of Chrysler in its financial statements, perhaps before you even reach 51% of the capital of the manufacturer overseas.
