Martedì, 18 Settembre 2018

Chrysler US sales up 5% in March, record 36th straight rise


New York, March 2 - Chrysler's sales rose 5% in the
United States in March compared to March 2012, notching a new
record of 36 straight gains, the Fiat-controlled US company said
The previous record, 36, was set between February 1992 and
December 1994.
US sales of the Fiat 500 rose 3% in March over March 2012,
the 13th straight gain for the new version of the iconic
Last month the CEO of the two companies, Sergio Marchionne,
said Fiat's planned merger with Chrysler was "possible" by the
end of the year.
If The Turin car giant reaches a deal with Chrysler's union
retirement trust fund VEBA to buy up its remaining stake in the
Detroit No.3, he said, "the merger is technically possible by
the end of the year.
On January 3 Fiat said it would exercise an option to
raise its stake in Chrysler by 3.3% to 65.17%.
The second chunk to be taken from VEBA - after a first 3.3%
share acquired in July - would cost $198 million, it said.
Fiat took control of tottering Chrysler after it filed
for bankruptcy protection in 2009 and it has since increased its
stake from 20% after meeting a series of performance targets
agreed with the American government.

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