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From Turin to Detroit

Giuseppe Berta and Chiara Casalino

Chapter 7 in Sustaining Industrial Competitiveness after the Crisis, 2012, pp 159-172 from Palgrave Macmillan

Abstract: Abstract On 21 July 2011, Turin-based Fiat became the pivotal shareholder in Chrysler, Detroit’s smallest automobile manufacturer, with a 53.5 per cent stake, after paying $125 million to the Canadian government for its 1.5 per cent share and buying an additional 6 per cent from the US Treasury for $500 million.

Keywords: Corporate Governance; Canadian Government; Global Crisis; International Alliance; Industrial Competitiveness (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-01098-8_8

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DOI: 10.1057/9781137010988_8

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