Chrysler, Dodge, and Jeep news from Allpar

Fiat-Chrysler merger still coming

In two venues, Chrysler and Fiat Auto CEO Sergio Marchionne repeated his desire to have Fiat and Chrysler joined as a single company, through a flat buyout of the retiree health care trust fund (VEBA)’s stake in the company. Earlier he had said that there was a 50-50 chance of an IPO, which would let the VEBA use the markets to set a price on their shares (at the cost of substantial attorney and advisor fees), but that he would prefer an outright buyout. Even if there is an IPO, Fiat intends to buy as much of Chrysler as it can, making Chrysler stock a good bet for speculators.

Currently, the VEBA owns 41.5% of Chrysler, but it needs cash to meet its continuing obligations to retirees. Today, from Geneva, Marchionne said that he had been in discussions with a number of bank “CEOs and chairmen who want to help” to finance a buyout of the VEBA’s share.

Which path a deal will take is, according to Marchionne, not likely to be clear until the third quarter of this year.



Challenger Scat Pack: Dodge 392

The 6.1 liter V8 was restricted to SRT cars; the 6.4 was used only by SRT as well, until Ram got a…

European Jeep sales rose 32%

Jeep-GC-Europe-Italy

European registrations of new Jeep vehicles took off in March, jumping 32.4%, the second-largest increase of any Fiat/Chrysler brand. A total of…

Charger, Challenger to sport 8 speeds, more

Dodge has released full details on the new 2015 Dodge Charger and 2015 Dodge Challenger.
All Dodge Chargers, and all Challengers with…

Alfa to mark return to North America with special edition

Alfa-4C-1-Web

Alfa Romeo, which celebrates its return to the American market at the New York International Auto Show, will build 500 Launch Edition…

Categories: Chrysler, Fiat and Fiat Brands.


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Challenger Scat Pack: Dodge 392
Jeep-GC-Europe-Italy
European Jeep sales rose 32%


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