On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan


Current Conditions(Coldwater,MI 49036)

More Weather »
63° Feels Like: 63°
Wind: NNW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip


Scattered Thunderstorms 61°


Clouds Early/Clearing Late 42°


Sunny 63°


  • 0 Severe Weather Alerts
  • 0 Cancellations

Fiat plans additional Chrysler stock purchase

AUBURN HILLS (WKZO) -- Fiat is buying a small additional amount of Chrysler stock as soon as a price dispute is settled by a judge.  The Italian automaker is offering nearly 255-million dollars for an additional 3.3-percent stake in Chrysler.

Once the sale goes through Fiat will own 68.49-percent of Chrysler.  Under an agreement structured in 2009,  Fiat has the option of purchasing 3.3-percent of Chrysler's stock every six-months.

The long-term goal is to fully merge the two companies.