By the end of 2011, Fiat's stake in Chrysler will further increase. This was announced in London by CEO Sergio Marchionne. "By the end of the year, with the realization of the third performance event, Fiat will increase Chrysler from the current 53,5% to 58,5%". In fact, this is what we read in the presentation entitled 'A global car manufacturer in development' which the managing director of the Italian group illustrated to the financial community in London.
At that point the American company will be held 58,5% by Fiat and 41,5% by the Veba fund. From 2012 July 30 to 2016 June 40, Fiat also has the option to purchase 20% of Chrysler held by Veba. The option can be exercised several times during the envisaged period, it being understood that Fiat has the right to purchase up to a maximum of 32% every six months. With the Chrysler 'revolution', the group's share in Europe is expected to reach 60% this year (2010% in 47), 3% in North America (from 17%), 28% in Mercosur (from 4%) and to 8% in the rest of the world (from XNUMX%). In a nutshell, reduced shares worldwide but more than tenfold in the North American market.
