Fiat a step closer to taking control of Chrysler
Fiat has moved a step closer to taking control of Chrysler.
It is buying a 16% stake in the US car maker for almost $1.3bn (£785m).
Fiat already owns 30% of Chrysler and hopes to boost its stake to 51% by the end of the year.
Russell Padmore reports.
21 Apr 2011
- From the section Business