Author Topic: Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B  (Read 1394 times)

Offline Autos_Editor

  • Car Crazy
  • *****
  • Posts: 8326
  • Carma: +91/-560
  • member
    • View Profile
Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B
« on: January 02, 2014, 08:32:21 am »


Remaining 41.4616% stake in Chrysler Group LLC held by VEBA Trust will be purchased with cash on hand

Read More...

Offline Snowman

  • Car Crazy
  • *****
  • Posts: 38392
  • Carma: +702/-1347
  • Gender: Male
  • “It’s never crowded along the extra mile.”
    • View Profile
  • Cars: Cars: 2012 Audi TT-RS. 2011 Toyota Venza AWD.2004 Honda S2000 Bikes: Giant Defy Avdvanced 0. Giant Talon 29 "hardtail"
Re: Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B
« Reply #1 on: January 02, 2014, 09:59:06 am »
Windsor and Brampton plants are toast in 18-24 months.

Offline safristi

  • Car Crazy
  • *****
  • Posts: 46229
  • Carma: +471/-416
  • Gender: Male
    • View Profile
  • Cars: since the beginning of Saf timeLOTUS ELAN,STANDARD... 10, MG midget, MGB (2),Mazda Millennia,Hyundai Veloster and 1997 Ford Ranger 2014 Subaru Forester XT
Re: Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B
« Reply #2 on: January 02, 2014, 10:18:07 am »
 ::) I venture you are a Capitalist....... ;) ;D :thumbup: .............The wee Italian fellow has facked
 em Italian style :-* :-* :-* :-[ :-[ :-[ .....read AUTOEXTREMIST fer fun and reality....
Time is to stop everything happening at once

Offline tooscoops

  • Car Crazy
  • *****
  • Posts: 9526
  • Carma: +325/-227
  • Gender: Male
  • "stealership" employee
    • View Profile
  • Cars: '75 AMC Pacer, '70 Morgan 4/4, '21 Pacifica Hybrid, '21 Wrangler Rubicon
Re: Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B
« Reply #3 on: January 02, 2014, 12:14:26 pm »
could be interesting to see what changes will come after this... while it's easy for me to be pessimistic and gun shy...*cough*daimler*cough*. overall, the fiat leadership has been a good thing for chrysler, so i'll wait on my judgement and hope for the best for the company and the employees, especially this side of the pond(and north of me-hi-ko)
i used to be addicted to soap, but i'm clean now

Offline rrocket

  • Car Crazy
  • *****
  • Posts: 76233
  • Carma: +1254/-7214
    • View Profile
Re: Fiat Agrees To Purchase Remaining VEBA Trust Stake For $4.35B
« Reply #4 on: January 02, 2014, 12:18:43 pm »
It's amusing here in Windsor (home base of the CAW) to see the CAW/Chrysler employees still in denial about working for a foreign company..as foreign as the dreaded Japanese imports. 
How fast is my 911?  Supras sh*t on on me all the time...in reverse..with blown turbos  :( ...