Report: Fiat Group May Raise its Chrysler Stake from 20% to 51%

Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters at the Milan stock exchange today after the first listing of Fiat Industrial, which includes the group's non-automotive related assets. “I think it