New Chrysler Group LLC and Fiat Finalize Global Strategic Alliance; New Global Brand-Focused Structure
Green Car Congress
JUNE 10, 2009
Fiat’s equity interest will increase in increments by up to a total of 35% in the event that certain milestones mandated by the agreement are achieved, but Fiat cannot obtain a majority stake in Chrysler until all taxpayer funds are repaid. Earlier post.). In addition to Marchionne, currently the Chief Executive Officer of Fiat S.p.A.
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