Health-Care Trust Values Chrysler Stake at $3.6 Billion

Newswire

DETROIT, Oct 14 (Reuters) - The United Auto Workers-affiliated healthcare trust valued its ownership stake in Chrysler Group LLC at $3.6 billion by the end of 2012, up from $2.7 billion the previous year, a recent filing with the U.S. Department of Labor. The healthcare trust, a voluntary employees beneficiary association (VEBA), owns 41.5 percent of Chrysler, and Fiat SpA owns 58.5 percent. Sergio Marchionne, chief executive of both Fiat and Chrysler, wants Fiat to buy from ...

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

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×