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Fiat Chrysler stock trading starts Monday
2014-10-13 16:26:21| Automakers - Topix.net
Fiat Chrysler Automobiles begins trading on the New York Stock Exchange Monday, as the newly merged company seeks to raise its profile and give U.S. investors a chance to own a piece of the Chrysler comeback story. The new company's stock, to be traded under the symbol FCA, is expected to open Monday at about $8.90, Friday's closing price for the American Depositary Shares of Fiat SpA.
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Fiat Chrysler crowns merger with Wall Street debut
2014-10-12 13:13:24| Automakers - Topix.net
The world's seventh-largest auto group has sought the U.S. listing to help to establish itself as a leading global player through access to the world's biggest equity market and the cheaper, more reliable source of funding it ultimately offers. But Marchionne has picked a difficult moment to woo U.S. investors.
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Agnellis tighten grip on Fiat Chrysler ahead of Wall Street debut
2014-10-10 12:17:23| Automakers - Topix.net
The Agnelli family has tightened its grip on Fiat by securing higher voting rights after the carmaker's merger into Fiat Chrysler Automobiles , a statement from the Italian bourse shows. The move by the Agnellis' holding company, Exor, to boost its voting power at FCA to nearly 50 percent could make Fiat Chrysler less of a takeover target and reduce its options for strategic tie-ups.
Sergio Marchionne to call it quits at Chrysler, Fiat by end of 2018 to 'do something else'
2014-10-08 15:50:11| Automakers - Topix.net
Sergio Marchionne, CEO of Fiat and Chrysler, will reportedly call it quits at the end of 2018 and "undoubtedly do something else." That's what the 62-year-old Marchionne told Bloomberg in a story that posted on Bloomberg's website on Wednesday morning.
CEO: Fiat Chrysler IPO could launch Oct. 13
2014-08-31 21:03:41| Automakers - Topix.net
The Fiat Chrysler IPO that will result in the combined automaker's listing on the New York Stock Exchange could take place on Oct. 13, CEO Sergio Marchionne told reporters Saturday in Italy.
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