Fiat Returning to USA with 35% Chrysler Merger
European auto maker Fiat has reached out to struggling American auto company Chrysler and has reached a final deal to merge with them for a 35% stake the business, with a 55% total buy out at a later date. 
This is good news for both companies. Chrysler is believed to be in the worst shape out of all the Big Three. Fiat, which hasn’t sold vehicles on American soil in decades, could make a successful comback to North America with either their own models or rebranded Chrysler products. According to World Car Fans (via Wall Street Journal): “The terms of the deal do not require Fiat to pay any cash to Chrysler right away. Instead, Fiat will receive equity in Chrysler for investments it will make in retooling a Chrysler plant to produce Fiat models for the US market. Fiat may reach its intended 35 percent stake by the middle of the year.”
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