Fitch Sees No Immediate Impact on Fiat's Rating From Chrysler Buyout

Newswire

(The following statement was released by the rating agency) BARCELONA/LONDON, January 02 (Fitch) Fitch Ratings says that the agreement reached by Fiat Spa (BB-/Negative) with VEBA Trust for the acquisition of its remaining equity interests in Chrysler Group LLC (Chrysler) has no immediate impact on Fiat's rating, with a relatively modest increase in Fiat Group's consolidated balance sheet. However, ring-fencing of Chrysler's debt remains an issue as it continues to limit ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Jul 26, 2016
Datasheet
WardsAuto

WardsAuto 2016 Dealer F&I 150 (PDF)

U.S. top 150 dealerships ranked by F&l revenue for 2016. Includes dealership name, owner, city, state, new vehicle units, used vehicle units, total revenue, and finance and insurance revenue....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×