Fiat Now Owns Chrysler - Presented by: The Aol. On Network

Fiat now owns all of Chrysler. Italian automaker Fiat's subsidiary, Fiat North America, today completed the previously announced acquisition of the 41.46% stake in Chrysler Group, that it did not already hold. Too, Chrysler will provide another $2.8 billion in an immediate payment of $700 million to the VEBA and three more annual payments of $700 million to the VEBA. In total, Fiat is paying $6.45 billion for 41.46% of Chrysler, and $4.7 billion of that is coming from Chrysler.



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