Fiat Wants Most Of Chrysler


It is no secret that Fiat CEO Sergio Marchionne wants to own a majority stake in Chrysler. The only thing standing in his way at the moment is the $7 billion in debt left over from the 2009 government bailout Chrysler received.

Fiat Wants Most Of Chrysler

Can Fiat Raise the Money

Assuming Fiat can get that amount refinanced (because we all know Chrysler is very unlikely to get it paid off any time soon) they could go ahead and own a majority stake in the Detroit automaker. Fiat already has a 25 percent stake in the company, after buying a 20 percent stake initially to keep the company afloat.

Fiat bought its first 20 percent with $6 billion in bankruptcy exit financing provided by the United States government. Without Fiat

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