Author Archives for luckyselfstg
Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakers- September 10, 2017
- Automakers, Manufacturing, Production
- Posted by luckyselfstg
- Comments Off on Fiat exercises option to buy additional 3.3% of Chrysler shares
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]
- September 10, 2017
- Not categorized
- Posted by luckyselfstg
- Comments Off on Home
Looking to save some money? We know that buying new auto parts can drain your wallet quickly. That's why we offer high quality, used auto parts at the best possible price to give you the biggest bang for your buck!
Can't Find What You're Looking For? Enter your email and we’ll reach out to you when we have your vehicle in stock. WE HAVE WHAT YOU NEED Search Our InventoryLooking to save some money? We know that buying new auto parts can drain your wallet quickly. That's why we offer high quality, used auto parts at the best possible price to give you the biggest bang for your buck!
Can't Find What You're Looking For? Enter your email and we’ll reach out to you when we have your vehicle in stock. If you’re not fully satisfied with your part(s) we’ll offer a full refund within 31 days of purchase.We have what you need.We are proud to serve our customers!We keep our yard [...]About Us
We're not your typical junk yard- September 10, 2017
- Not categorized
- Posted by luckyselfstg
- Comments Off on About Us
Error 404: File not found.
That being said, we will give you an amazing deal for the trouble.- September 10, 2017
- Not categorized
- Posted by luckyselfstg
- Comments Off on Error 404: File not found.
