The Fiat Group announced today that it has raised its stake in Chrysler LLC from 20 to 25 percent, after the company met the first of three performance-related targets. The automaker received all governmental approvals and will begin production of the Fully Integrated Robotized Engine (FIRE) at its Dundee, Michigan, plant. Consequently, Fiat�s stake increased automatically under the terms of the Operating Agreement outlined on June 10, 2009. Read more �
