Owner(s)
UAW VEBA (67.69%)
Fiat S.p.A. (20%)
United States (9.85%)
Canada (2.46%)
Fiat will initially own a minority 20% stake of Chrysler Group LLC with the option of taking additional equity up to a 35% stake if certain operational and capitalization goals are achieved. The United Auto Workers’ union retiree health care trust fund (Volunteer Employee Benefit Association) will be the majority owner, with 55 percent when Fiat reaches its target holding of 35%. The U.S. and Canadian governments will initially hold minority stakes of 8% and 2%, respectively, of the new Chrysler.
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