Fiat has signalled it would like to raise its 20 per cent stake in Chrysler ahead of the listing of the US auto group this year, as the Italian carmaker marked its split from its industrial arm.
Sergio Marchionne, chief executive, said that while there were no plans to merge the two groups, it would be “advantageous” for Fiat to lift its shareholding and the company could take a controlling stake.
“I don’t know whether it is likely, but it is possible that we will go over 50 per cent if Chrysler decides to go to the market in 2011,” he said.
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