Author Archive: jpjingle

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Dream It -  You Dream, We'll Build It

Jim and the crew will build modify etc your dream car

Desire It - You Want It, We've Got It

View our inventory of really cool cars plus Jeff's 2006 BMW 7 series

Love It - You Love IT, We'll take Care of It

Store your car and let Don walk around and think he is Jay

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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) in [...]

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I started out testing dozens of computers and checking if a certain software on that computer worked properly. If it didn't then I would make a note of what was wrong with it. I got to sit in on business phone calls and get a taste of the communication side of business. I also learned how to edit websites.

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