Author Archives for rocky208
Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakers- 09/10/2017
- Automakers, Manufacturing, Production
- Posted by rocky208
- No comments yet
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) in 2012 amid a
- 09/10/2017
- Not categorized
- Posted by rocky208
- Comments Off on FAQ
- All
- Electrical
- Engine
- Mechanical
- Navigation
- Sunroof
- Stereo
- Wiring
Nam sollicitudin neque eu nibh pharetra mollis mauris in nisi rhoncus?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi nibh libero,
consequat sit amet nisl vitae, suscipit gravida mi. Nam auctor viverra
sodales. Quisque posuere tincidunt convallis. Ut viverra neque non diam
tempor, id tincidunt mauris cursus. Donec suscipit mattis viverra. Cras sit
amet odio sit amet dui aliquam tempus a ultrices felis. Proin sed imperdiet
ipsum, ultrices posuere leo.
Duis facilisis dapibus enim, ac venenatis nibh mattis in. Cras eu
condimentum lacus, ac ultricies leo. Nunc sodales ipsum a suscipit.
Mauris tincidunt rutrum auctor. Vivamus a nunc ac augue scelerisque dapibus ut sed augue. Pellentesque fermentum orci in
velit pharetra, non lobortis sapien suscipit. Aenean sem nulla, dignissim et bibendum et, consequat
- 09/10/2017
- Not categorized
- Posted by rocky208
- Comments Off on About Us
Error 404: File not found.
That being said, we will give you an amazing deal for the trouble.- 09/10/2017
- Not categorized
- Posted by rocky208
- Comments Off on Error 404: File not found.
- 06/22/2017
- Not categorized
- Posted by rocky208
- Comments Off on Suzuki SUVS
- 06/22/2017
- Not categorized
- Posted by rocky208
- Comments Off on Suzuki Cars