Fiat has options to boost Chrysler stake to more than 70%

trymee submitted on 5/10/2011 Auto Spies Photos Timestamp: 2:48:03 PM

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As the U.S. government aims to exit its investments in the auto industry, Fiat S.p.A. has options to raise its stake in Chrysler Group LLC to over 70%. In a filing with the U.S. Securities and Exchange Commission, Chrysler said that after debts are repaid to the government, Fiat will have an option for 12 months to buy

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Fiat has options to boost Chrysler stake to more than 70%

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