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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger
Tue, 04 Jan 2011Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.
GPS Jammers increasingly used to steal cars & farm equipment
Fri, 30 Mar 2012GPS Jammers increasingly used in car & farm equipment theft New figures show that as well as being used to steal cars, GPS Jammers are also being used in the theft of Agricultural machinery. We all do it – fit a tracker device to our pride and joy – because insurance companies insist and it makes sense. After all, a simple call to the tracker company and the boys in blue can pin down your lost love.
GM and Chrysler in merger talks
Mon, 13 Oct 2008By Ben Oliver Motor Industry 13 October 2008 09:12 General Motors and Chrysler are in talks to merge and create the world’s biggest car company. Reports in the New York Times and Wall Street Journal say the talks have been underway since the start of October 2008, and sources close to the possible deal put its chances of success at ’50-50’. All three US car makers have seen their sales decimated in recent months and have been forced to deny that they might seek bankruptcy protection.