Fiat has increased its stake in Chrysler by 16% at a cost of $1.26 million in cash, giving it a total share of 51% in the company.
Chrysler has reported its first quarterly profit of £69 million since it emerged from bankruptcy protection in 2009.
Lexus and Land Rover are the most highly rated franchises. The least valued are Fiat, Chrysler, Seat, Alfa Romeo and Renault according to dealers.
The BBC reports that Sergio Marchionne, who heads carmakers Fiat in Italy and Chrysler in the US, has retracted comments that upset governments in both countries.
Chrysler and Jeep's product offensive will expand range but Doge brand dropped
Fiat Group Automobiles UK has announced the appointment of Jon Wakefield to the role of sales director.
Despite a chequered history for the Chrysler and Lancia brands in the UK, Fiat Group chief Sergio Marchionne is confident that they can work well as a team.
Fiat has increased its stake in Chrysler from 20% to 25% as expected.
Fiat could increase its share in Chrysler to up to 50%, according to its CEO Sergio Marchionne.
Chrysler Financial has been bought from private equity firm Cerberus Capital Management by Canada's Toronto-Dominion Bank for $6.3 billion (£4.1bn).
Chrysler plans to increase its sales network to 70 outlets by the end of 2012 on the back of a product offensive that will see three facelifts and four new models.
General Motors and Chrysler are recruiting 1,000 new staff members each which marks a turnaround in the fortunes of the companies which were saved from collapse by government bailouts last year.
Jeep Patriot compact SUV is now available with a new 2.2-litre diesel engine.
Chrysler Group has reduced its net losses in the Q3 to $84 million (£52.5m) down from $172m (£108m) in the previous quarter.
Former Chrysler UK service and parts director Peter Lumsden has joined consultancy Achilles Information as its global scheme manager for automotive.
Former Chrysler UK boss Peter Lambert has joined Kwik Fit Fleet.
Chrysler UK has joined forces with Motor Codes to survey customers using its service and repair garages.
Chrysler is using next week's National Family Week to promote its seven-seater Dodge Journey MPV.
Chrysler Group wants to know how well dealers are taking care of customers. So it is dispatching an audit firm, SGS Group, to find out.
Pentagon Group will be adding Chrysler, Jeep and Dodge to its portfolio before the end of January.
