Fiat deal could give Chrysler more support in the U.S.

|About: Fiat Chrysler Automobiles NV (FCAU)|By:, SA News Editor

Shares of Fiat (FIATY) soar over 15% after the automaker finally works out a deal to gain complete control of Chrysler.

The deal price of $4.35B came in below what analysts thought it would take to get a UAW healthcare trust to sign off on.

What to watch: The impact on the automobile industry (GM, F, TM, HMC, NSANY) is that a tighter combination of Chrysler and Fiat could give both brands more funds to invest in new models and production. Supporting Chrysler in the vibrant U.S. market could be a particular focus.