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Fiat purchasing US Treasury interest and rights in Chrysler for $575M

Green Car Congress

will pay US$500 million to purchase the UST’s 6% ownership interest in Chrysler. Following the consummation of the purchase of the interest held by UST and the. the outstanding equity in Chrysler. associated with the Chrysler ownership interests held by VEBA above a specified. Chrysler received $12.5

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Fiat exercises the first tranche of VEBA call option, will hold 61.8% of Chrysler

Green Car Congress

benefits for retirees from Chrysler—of Fiat’s exercise of its option to purchase a portion of the interest held in Chrysler by VEBA. Following the consummation of the purchase, expected to occur in the upcoming weeks, Fiat. of the outstanding equity in Chrysler. of Chrysler’s outstanding equity.

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Chrysler Group files S-1 for IPO; snapshot of R&D priorities; exploring a light-duty hydraulic hybrid

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Chrysler Group LLC has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering of common shares. —Chrysler S-1. Chrysler is exploring ways to optimize vehicle weight, aerodynamic drag, tire performance, braking drag and driveline losses.

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Chrysler to introduce PHEV models in 2016 and 2017 to meet ZEV requirements; new FCA gasoline engine family coming in 2015

Green Car Congress

Fiat Chrysler Automobiles’ (FCA) Chrysler Brand will launch two plug-in hybrid vehicles (PHEV) over the next several years, said Al Gardner, President and CEO of the Chrysler Brand, during the FCA Investor Day presentations at Auburn Hills, Mi. FCA will launch a PHEV minivan in 2016 to comply with ZEV requirements.

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Fiat to acquire remaining equity interests in Chrysler Group LLC for $3.65 billion

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In the event that the special distribution from Chrysler Group cannot be paid by the intended closing date, Fiat intends to make payment to the VEBA Trust of the aggregate consideration and thereafter receive the special distribution when it is the 100% owner of Chrysler Group. Fiat S.p.A.

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Fiat boosts stake in Chrysler to 58.5% after achieving fuel economy and production commitment milestone with the new Dart

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Fiat has boosted its interest in the Chrysler Group by another 5% following Chrysler’s achievement of the “Ecological Event”—receiving regulatory approval for an automobile based on a Fiat platform or vehicle technology having a fuel efficiency rating of at least 40 combined miles per gallon (5.88 and Chrysler Group CEO, Sergio.

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Chrysler offering ZF 8-speed automatic in 2012 Chrysler 300 and Dodge Charger; improved fuel economy

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Chrysler will offer an eight-speed automatic transmission introduced and licensed through ZF ( earlier post ) in the Chrysler 300 and Dodge Charger for 2012. L/100km) for the 2012 Chrysler 300 and 2012 Dodge Charger, up from 27 mpg highway over last year’s model. Initially, the transmission will be mated exclusively to the 3.6-liter

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