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21

Jan

FIAT to Acquire 35% of Chrysler!

Posted by Andy  Published in Automotive Blog, Automotive News

This always happens when I’m away, but just in case you missed it: Fiat is going to acquire 35% stake in Chrysler. This would give Fiat manufacturing capacity and a U.S. sales network along with other manufactures in Europe. Chrysler will gain Fiat’s small, less-polluting cars and gain more distribution in Europe and Latin America.
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