Fiat eyes Chrysler stake

Italian car maker Fiat could own more than 70% of Chrysler within a year once it repays its government loans and exercises other options, Chrysler says in a filing with the US Securities and Exchange Commission.

Fiat may acquire the US Treasury's 8.6% stake in Chrysler, which would potentially let the government exit the investment quicker than if it waited for Chrysler to hold an initial public offering.