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Abstract

On 21 July 2011, Turin-based Fiat became the pivotal shareholder in Chrysler, Detroit’s smallest automobile manufacturer, with a 53.5 per cent stake, after paying $125 million to the Canadian government for its 1.5 per cent share and buying an additional 6 per cent from the US Treasury for $500 million.

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© 2012 Giuseppe Berta and Chiara Casalino

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Berta, G., Casalino, C. (2012). From Turin to Detroit. In: Ciravegna, L. (eds) Sustaining Industrial Competitiveness after the Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9781137010988_8

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