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[SHMTV News] Chrysler to repay government loans Tuesday (AP) | SHMTV News: Marchionne said Fiat’s stake in Chrysler will rise to 51 percent when Chrysler produces a 40 mpg car in the U.S. starting next year. He said Fiat can raise its stake as high as 76 percent if it exercises all options, including buying part of the 59-percent stake now owned by a health care trust fund for union retirees.

[Recent Business News] Chrysler to pay off supervision loans Tuesday: week news, Obama today related business news, Chrysler last released news, Italian published today agency business news, Fiat published today straight away business news, Detroit today release straight away business news, Canada related today published business news, Mich related today nowadays business news, Macomb Township related today press daily business news, Detroit Three daily press release business news

[Michigan Radio: Michigan News] Fiat looks to increasing stake in Chrysler | Michigan Radio: The rest of Chrysler is controlled by the UAW retiree health care trust, the federal government and the Canadian & Ontario governments. 

[Live Trading News] Chrysler to pay back US loans Tuesday | Live Stock Trading News ...: Fiat can get as much as 76% of Chrysler by exercising options to acquire shares owned by the United Auto Workers union's retiree health-care trust, Marchionne said. Paul A.

[WSFA - NEWS] Chrysler to repay government loans Tuesday - WSFA 12 News ...: Marchionne said Fiat's stake in Chrysler will rise to 51 percent when Chrysler produces a 40 mpg car in the U.S. starting next year. He said Fiat can raise its stake as high as 76 percent if it exercises all options, including buying part of the 59-percent stake now owned by a health care trust fund for union retirees.

[Examiner Nation RSS] Chrysler to repay government loans Tuesday | The Associated Press ...: In exchange, Fiat will increase its ownership stake in Chrysler to 46 percent. He said Fiat can raise its stake as high as 76 percent if it exercises all options, including buying part of the 59-percent stake now owned by a health care trust fund for union retirees.

[Untitled] Chrysler To Repay Government Loans Tuesday - Money News Story ...: Marchionne said Fiat's stake in Chrysler will rise to 51 percent when Chrysler produces a 40 mpg car in the U.S. starting next year. He said Fiat can raise its stake as high as 76 percent if it exercises all options, including buying part of the 59-percent stake now owned by a health care trust fund for union retirees.

[Michigan Radio: Michigan News] Fiat moving closer to a majority stake in Chrysler | Michigan Radio: Marchionne's next move would be a public offering of Chrysler - something he has indicated he'd like to do by the end of the year. But Marchionne also said the timing would depend on the cash needs of the U.S. automaker and the auto workers union trust fund, which pays health benefits for retirees and holds a 59 percent Chrysler stake, which is diluted each time Fiat raises its share.

[Chrysler Blog] Chrysler Blog - Go Ahead: CompareChrysler.com. We Dare You: "The new website is designed for consumers who are consideringChrysler Brand vehicles for the first time, or for the first timein a long time," said Head of Chrysler Brand Tim Kuniskis. "Thesite offers third-party reviews and comments, and directly comparesour lineup to competitors."

[Bullfax.com - Market News & Analysis] Another Fiat step toward Chrysler control | www.bullfax.com: Italian auto giant Fiat said Thursday it had reached a deal to buy an additional 16 percent stake in Chrysler of the United States for $1.268 billion (868 million euros)."The transaction that we are announcing today represents a historic step for Fiat and Chrysler," Fiat chairman John Elkann said in a statement.Fiat already owns a 30-percent stake in the US auto company.The deal will take place over the course of the second quarter and US and Canadian government debt in Chrysler will be "fully repaid", Fiat said.

[Quick Cash Auto Blog] Chrysler Set to Repay $7.5B of Bailout Money Quick Cash Auto Blog ...: Treasury Secretary Timothy Geithner stated the government is looking forward to severing its ties with Chrysler as soon as possible. Though the government is looking to get the maximum return that it can for taxpayers on their investment, this want is offset by the fact that the bailout was not to turn a profit.

[Financial News] Fiat takes another step to fully control Chrysler: Fiat has had operational control of Chrysler since taking a 20 percent stake in June 2009 in exchange for small car and more fuel-efficient engine technology, along with management know-how. But further integration is expected as Fiat's stake increases and Chrysler launches a public offering, which could come as early as this year.

[Penny Stock Chase] Chrysler Shutdowns Sooner - Analyst Blog | Penny Stock Chase: Chrysler anticipates to earn between $200 million and $500 million in 2011, which would help the company hold an IPO later this year or early next year. It also expects to save $100 million in the second half of 2011 due to its debt refinancing and incur charges of about $500 million associated with paying off the loans early.

[Oregon Business News] Fiat will pay $1.27 billion raising its ownership to 46 percent in ...: "Today's announcement takes us one step closer to exiting the U.S. taxpayers' investment in Chrysler," said Tim Massad, acting assistant Treasury secretary. "We are looking forward to the full repayment of our loan to Chrysler, which today's announcement from Fiat is contingent upon."

[womens sandals] womens sandals» Blog Archive » - Chrysler's focus is to raise new ...: Chrysler will not report full fourth-quarter results until January 31.Chrysler has been in discussions with Goldman Sachs (GS.N) and other banks but has not made a decision yet on which will lead its IPO and refinancing, Marchionne said.In its first full-year under Fiat, Chrysler made more progress in reducing costs, Marchionne said.A Fiat system for manufacturing that was rolled out in Chrysler plants starting with the Detroit plant which makes the new Jeep Grand Cherokee produced savings of more than $200 million, he said.The cost savings means that the new Chrysler could break even if the U.S. industry sees annual sales as low as 10.5 million vehicles, even below the 2009 crisis levels that prompted its bankruptcy, Marchionne said.IPO COULD COME AS EARLY AS Q3Chrysler’s U.S. market share recovered to 9.2 percent in 2010 from a low of 7 percent in 2009 even though the only new product it had was the new Jeep that arrived late in the year.Marchionne, who spoke briefly to reporters after his presentation to analysts, said the IPO could come as early as the third quarter of 2011.A final decision on timing would depend on the strength of financial markets and the judgment of Chrysler’s board, he said.Chrysler’s restructuring differed from the bailout for GM in that the U.S. Treasury converted less of its financial assistance to equity at Chrysler and kept more debt on its balance sheet.GM launched its IPO in November, raising a record $20 billion and reducing the U.S. government stake in the top automaker to about 33 percent.”Had we been treated like another car company in town, which received most of its assistance in the form of equity, we would have been able to report a net profit for 2010,” Marchionne said.Fiat holds 25 percent of Chrysler as of this week after meeting a promise to the U.S. government to produce a more fuel-efficient, Fiat-designed engine at a U.S. plant for Chrysler.On a diluted basis, the U.S. Treasury holds 8 percent of Chrysler stock, the Canadian government holds 2 percent and 55 percent is held by a trust fund for retiree healthcare affiliated by the United Auto Workers.(Reporting by Deepa Seetharaman, writing by Kevin Krolicki, editing by Maureen Bavdek and Matthew Lewis)

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