Fiat to increase stake in Chrysler to 35%, Dodge will be first to get Fiat-based car
Fiat and Chrysler LLC’s CEO, Sergio Marchionne, says that the Italian automaker is scheduled to increase its stake in the American automaker to 35 percent in 2011. That will be up from the current 20 percent. The steps required to increase Fiat’s stake in Chrysler were established when the two companies became partners in 2009. [...]
