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Fiat Now Owns All Of Chrysler. This is The Morning Shift, our one-stop daily roundup of all the auto news that's actually important â all in one place at 9:30 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time.
As Fiat cruises into the ownership roundabout, Daimler is clearly looking for the exit. The German automaker owns a 19.9% stake in Chrysler but wrote down the value of the shares to zero last autumn (how's that for pessimism). Negotiations begun by Cerberus back in September to purchase Daimler's stake broke down.