Fiat Buys Chrysler

Fiat Buys Chrysler

Fiat will buy the 41 percent of Chrysler stock it doesn’t already own from the UAW Trust for $4.35 Billion. Fiat’s Sergio Marchionne has been Chrysler’s CEO too since his Italian company bought into Detroit during the 2009 recession. This means the ‘Fix It Again Tony‘ car company now owns the one that built the Dodge Charger.

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