Sergio Marchionne can’t wait to get his hands on the 41.5 percent of Chrysler, which are in the hands of the UAW’s VEBA trust. Once Fiat is in total control, Fiat and Chrysler could be merged, and the cash could be used to … but you know the drill from years back. Currently at stake are 3.3 percent. Fiat has a call option, but the UAW trust doesn’t want to fork the shares over. (Read More…)
Posted in Italy, News Blog, Union News
Tagged as Bertel Schmitt, Chrysleer, Fiat, Marchionne, uaw, VEBA
Tagged as Bertel Schmitt, Chrysleer, Fiat, Marchionne, uaw, VEBA
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