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Tagged: government motors

Auto/Economy
2:21 pm
Mon April 11, 2011

Fiat looks to increasing stake in Chrysler

Credit (photo by Steve Carmody/Michigan Radio)
Fiat CEO Sergio Marchionne talks to reporters at January's North American Intl Auto Show in Detroit
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Fiat CEO Sergio Marchionne says the Italian auto maker will increase its stake in Chrysler in the coming days.  Fiat currently controls about 25% of the Detroit auto company.  The Wall Street Journal reports Marchionne plans to add another 5%. 

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