Malchow, chairman of Fiat Chrysler Group has just released within three quarterly Chrysler, talked about some of their own point of view.

In the just-released report of the third quarter, Chrysler 239 million operating profit, raised its forecast full-year operating profit of approximately $ 700,000,000. However, from the perspective of net profit, Chrysler is still in the red, net loss amounted to $ 84,000,000.

Currently, the Fiat Group is actively seeking holdings of shares of Chrysler, for Malchow, the real question is how hosts silver.

September 16 this year, Fiat shareholders meeting, the Board announced future Fiat split into two businesses: Industrial and Fiat Auto Fiat. The former will be in January next year for IPO.

Implementation of the IPO, the Fiat Group, Fiat will seek reduction in the proportion of equity industry to cash in to the equity holdings of Chrysler. Controlled by the Agnelli family of Fiat Group, the family has focus from traditional industries, overall shift passenger section.

Fiat Auto after the next division, will include Fiat, Chrysler, Ferrari, Maserati, and the composition of the passenger car production enterprises; auto parts business, including Ma Ruili, etc.; Fiat Powertrain (FPT) with passenger car-related business; and Kema, including the other automotive related businesses.

Previously, in order to obtain the cash market rumors Fiat, Ferrari will be the business of packaging market, this statement was a denial of Malchow.

Fiat industries including: Iveco, Fiat Powertrain in marine and industrial parts, Fiat Finance, Fiat agricultural and construction machinery.

Currently, Fiat biggest wish is for Chrysler as soon as possible raise its stake to 51%, which can completely control the companies. However, according to Fiat with the U.S. government had reached an agreement, every step of the holdings program will need to pay “a certain price.”

Fiat now owns 20% stake in Chrysler, the first step would like to expand to more than 35% of shares. Which each have specific conditions of 5% holdings, mainly related to Chrysler Fiat needs to provide new models and energy-saving technologies.

The first 5%, Fiat 500 Fiat will introduce its Mini car market after the United States; 5% of the holdings of the second premise is that Fiat and the introduction of fuel economy than a hundred kilometers 5.9L within the small car; the third in 5%, Chrysler, Fiat models need to be introduced to its global network of sales, at present, this process is advancing.

For the third “5%”, Malchow said, the future may be a new generation of Grand Cherokee’s platform, Alfa Romeo and Maserati transplant models, this would be the first Italian car maker times into the SUV field. Marcione stressed Grand Cherokee is Chrysler and Mercedes-Benz R & D cooperation crystallization of Fiat after grafting products will also be quite competitive.

However, the holdings of more than 15% stake in Fiat does not need to use cash, but the future equity ratio to 51% of holdings, under the agreement, Fiat, Chrysler need to pay government debt.

Chrysler announced in August reported a, when the group still owes the U.S. Treasury 5.7 billion in aid has not yet repaid the debt interest was 7.22% 14.33%. Fiat must repay this debt is cash on hand across the threshold.

Although the U.S. government to the Fiat holding is the timetable for Chrysler in 2014, but Italian manufacturers obviously do not want to wait that long.

“For the construction of the Chrysler Group is a dynamic and very competitive car manufacturers, this year we have made many achievements, but also just the beginning.” Malchow said.

January-October 2010, China has become the Chrysler outside North America, the largest addition to the international market, Chrysler sales in China reached 17,000, an increase of up to 88%.

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