Carmaker Fiat to Merge with 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.

Chrysler Group Files for an IPO

(CNN) — Chrysler Group may soon be headed back to the U.S. Stock Market. The automaker announced Monday it has filed to move forward with an initial public offering. The IPO is being led by J.P. Morgan. The number of shares to be offered and the price range have not yet been determined. Shares being … Continue reading »