Author Archive: seanwarren73

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Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]

WELCOME TO WARREN AUTO BROKERS

Warren Auto Brokers is owned and operated by Sean Warren.
What is Warren Auto Brokers all about?

I carry an inventory of used vehicles. (cars, trucks, SUVs!) What kind of used vehicle are you looking for?

YES I will take your old car on trade!.  You can trade up or down!

YES I buy good clean used cars!  I regularly purchase vehicles from clients who have a vehicle they no longer want or use.   We also purchase vehicles from estates.

I am looking forward to helping you with your next vehicle purchase!!.

LOCAL CARS, WITH HISTORY

Buying a pre-owned vehicle can be difficult - Warren Auto Brokers takes out the guesswork by offering preowned vehicles that are locally owned and well serviced. We provided a copy of a CARFAX Report with every vehicle.

FAMILY OWNED

My family name is my brand, I'm not a large dealer with several employee's I'm a local Victorian who grew up on the island loving cars and decided to turn my years of experience in the business into a family business.

What are our Hours of Operat [...]