Showing posts with label retiree. Show all posts
Showing posts with label retiree. Show all posts

Wednesday, June 15, 2011

Fiat won't risk rating downgrade to buy Chrysler stake, Marchionne says

Fiat CEO Sergio Marchionne said the Italian automaker won't risk a credit-rating downgrade to gain full ownership of Chrysler and he isn't in talks to acquire the UAW retiree health-care trust fund's stake in the U.S. automaker.Fiat won't risk rating downgrade to buy Chrysler stake, Marchionne says