: Fiat took an initial 20% stake in Chrysler after the American company filed for Chapter 11 bankruptcy reorganization.
The "Fiat Chrysler" era lasted until , when FCA merged with the French PSA Group (owners of Peugeot and Citroën) to form Stellantis . Chrysler remains a brand under the Stellantis umbrella today. what year did fiat buy chrysler
: On January 21 , Fiat completed the purchase of the remaining 41.5% stake from the United Auto Workers (UAW) retiree health trust for $4.35 billion. : Fiat took an initial 20% stake in
: The merger became legally effective, and Fiat S.p.A. and Chrysler Group LLC officially became Fiat Chrysler Automobiles (FCA) . What Happened Next? : On January 21 , Fiat completed the
Fiat completed its full acquisition of Chrysler in , creating the new corporate entity Fiat Chrysler Automobiles (FCA) . The takeover happened in several stages over five years, starting when Chrysler emerged from bankruptcy in 2009. Timeline of the Acquisition
: By May, Fiat increased its share to 46% after Chrysler repaid its government loans. By July 2011, Fiat became the majority shareholder with a 53.5% stake . 2012 : Ownership grew further to 58.5% by January.