Author Archive: isellexotics

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Fiat exercises option to buy additional 3.3% of Chrysler shares

Purchase brings closer a merger of the two automakers

img-5Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) [...]

iSellExotics Inventory

We offer a wide variety of exotic, high-line, and performance vehicles. Whether you're looking for your first fun car, or simply your next, we have you covered. Check out our current inventory of available vehicles.

baixar era do gelo iXexotics

We are part of iXexotics! We are more than just ownership and offer services such as detailing, paint protection film, ceramic coating all while helping you enjoy the exotic car lifestyle.

Spin City Exotic Car Brokering

Let us do the leg work for you and put our extensive exotic industry network to work for you. After a simple consultation to identify what you're looking for, we'll work to find you the best options at the best price.

We spent years buying and selling exotic cars for, and from, large dealerships. We knew there was a better way that could be a great experience for the business AND the buyer. That's why we created iXexotics.Exotic car ownership doesn't end when you pull back into the garage. It's a lifestyle we support and encourage for our clie [...]

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That being said, we will give you an amazing deal for the trouble.
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