Chrysler announced that Fiat S.p.A.’s ownership interest in the business has increased from 53.three to 58.5 percent, in accordance to the June 10, 2009 Operating Agreement.
As stipulated by the agreement, Chrysler issued a letter to the U.S. Department of Treasury stating that the business “has irrevocably committed” to start assembly of a mass-production vehicle with a combined fuel economic climate of at least 40 mpg in a plant situated in the United States.
The model is the 2013
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