Founding Family Could Increase Control of Fiat After Chrysler Merger

Newswire

* Agnelli family's voting power could rise to 46 pct * Shareholders to vote on merger on Aug. 1 * Risks include U.S. liquidity challenges, market headwinds MILAN, July 7 (Reuters) - Fiat's founding Agnelli family may tighten its grip on the carmaker after its merger with U.S. unit Chrysler and a Wall Street listing later this year, a U.S. regulatory filing showed. The move would contrast with some other European carmakers where controlling dynasties have been forced to cede control ...

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

Nov 21, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More

Newswire

Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×