Fiat Agrees to Purchase Rest of Chrysler Stake

Fiat said Wednesday (Jan. 1) it had signed an agreement to buy the remaining 41.46% stake it does not own in Chrysler Group from the UAW’s VEBA Trust, the last step needed before the Italian and U.S. carmakers can merge. Automotive News reported that Fiat S.p.A. said the voluntary employee beneficiary association, which covers health [...]