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Fiat has owned part of Ferrari since 1969 when it bought a 50% stake in the carmaker. Fiat has been Chrysler's parent since right after Chrysler's bankruptcy and government bailout in 2009. Fiat officially took over Chrysler last year as the two companies merged into FCA. Â© 2017 Time Inc.
At one time Mercedes did own Chrysler from 1998 to 2007 when it sold it interest to a private equity firm in New York. The Italian automaker Fiat then bought a 25% interest inâ¦ Chrysler and it is now called Chrysler Group LLC. Mercedes has no interest in Chrysler as of 2007. -> Mercedes never owned over 49 % of Chrysler, but unfortunately Fiat now owns 51 %.