Carmaker Fiat to Merge with Chrysler

FIAT CHRYSLER(CNN) — Italian automaker Fiat is leaving its home after 115 years to merge with Chrysler.

Fiat’s shareholders voted to approve the move Friday.

The new company will be incorporated under a new name–Fiat Chrysler Automobiles.

It’s expected to start trading on the New York Stock Exchange in October.

Leave a Reply

Your email address will not be published.

7 × 3 =

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>