Category: Automakers

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Alle BMW F-Modelle optimierbar!

Auto thefts decline because of technology, but statistics conflict
Ab sofort alle BMW F-Modelle optimierbar! BMW 1 Series F20 / F21 MY2011 BMW 2 Series F22 MY2014 BMW 3 Series F30 / F31 / F32 MY2011 BMW 3 Series GT F34 MY2013 BMW 4 Series F32 / F33 / F36 MY2014 BMW 4 Series GC F36 MY2014 BMW 5 Series F10 / F11 MY2009 BMW 5 Series GT F07 MY2009 BMW 6 Series F12 / F13 MY2011 BMW 6 Series GC F06 MY2012 BMW X3 F25 MY2011 BMW X4 F26 MY2012 BMW X5 F15 MY2013 BMW X6 F16 MY2014

Fiat exercises option to buy additional 3.3% of Chrysler shares

Purchase brings closer a merger of the two automakers

img-5img-5Fiat 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 [...]

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