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post #1 of 2 (permalink) Old 06-07-2013, 07:53 AM Thread Starter
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FIAT Corporate News

8:12 AM Fiat (FIATY.PK) won' take on any new debt to buy the shares of Chrysler it doesn't own already, according to CEO Sergio Marchionne. The big picture: One way or another it's looking more and more likely that a Chrysler IPO will occur. Based on the automaker's strong record of consistent sales gains in the U.S. and its slate of new models with positive reviews, the IPO could be well-received. [Global & FX, Consumer] Comment!

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post #2 of 2 (permalink) Old 06-07-2013, 09:22 AM
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Interesting twist. I've always got the vibe from M that in spite of who bought whom, it was M's belief that Chrysler would be the savior of Fiat, not the other way round.

So Fiat may now be in a mood to do some spinoff of brands. Very interesting.

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