Fiat increases Chrysler stake

Fiat has shown its commitment again to the Chrysler brand with the announcement that it's increasing its stake by another five per cent.

This change still leaves the United Auto Workers as the largest shareholder at 63.5 per cent, with Fiat's stake now totalling 25 per cent, the rest bring made up of the US Treasury Department (9.2 per cent) and the Canadian government (2.3 per cent).