Fiat stock drops over Chrysler concerns

>> Tuesday, February 17, 2009

Fiat's stock dropped to its lowest point in 24 years on the Borsa Italiana stock exchange in Milan yesterday over analysts' concerns about the automaker's planned alliance with Chrysler LLC. Fiat fell to as low as 4.21 euros, its lowest point since January 2, 1985 amid fears that Fiat would have to absorb Chrysler's losses [...]

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