• May 1, 2009
We all know by now that Fiat will take an initial 20 and between 2013 and 2016, the Italian automaker can take an additional 16 and gaining majority control. However, until Chrysler repays its loans to the U.S. Treasury, Fiat's share must be kept at 49%. For Fiat to take control of Chrysler, the crew from Auburn Hills will need to pay back over $10 billion in loans, and we remain suitable skeptical that Chrysler will be able to return the cash – particularly with new products from Fiat still 18 months away, at least.

[Source: SMH | Image Source: Vittorio Zunino Celotto/Getty]


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