On Air Now

Upcoming Shows

Program Schedule »


Listen Live Now » 1450 AM Holland, MI


Current Conditions(Holland,MI 49422)

More Weather »
64° Feels Like: 64°
Wind: WSW 15 mph Past 24 hrs - Precip: 0.06”
Current Radar for Zip


Thunderstorms 72°


Thunderstorms 60°


Scattered Thunderstorms 61°


Chrysler sale to Fiat final

AUBURN HILLS (WKZO) -- The sale of Chrysler to Fiat is now complete.

The Italian automaker announced Tuesday they have purchased the remaining shares of Chrysler for 4.35-billion dollars from UAW Retiree Medical Benefits Trust.  The sale was delayed one day because of the Martin Luther King Jr. holiday Monday.

The sale also ends the lawsuit between Fiat the union over the value of the shares.  Under terms of the agreement, Chrysler will pay 1.9-billion while Fiat will pay 1.75-billion dollars for the shares.  Chrysler will also pay an additional 700-million dollars over the next four years.