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Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]

WELCOME TO YOUR NEW WEBSITE

The team at Yourcar Mar Menor would like to take this opportunity to welcome you to our new site created with our clients in mind, we think its a sleek modern informative site, that supplies all the information you need with regards to purchasing and repairing your vehicle. Should you find we have failed to give all the necessary information or just have a question please don't hesitate to use the Contact form and we will get back to

Many Thanks

Yourcar Mar Menor Team

SEARCH OUR INVENTORY

We at Yourcar Mar Menor S.L. are results driven which is lead by the response and feedback from our clients, and adapting to suite their needs.

We use the latest technology and equipment to aid us in diagnosing your vehicles issues, and we constantly invest in the latest technology to keep up with changing times.

At Yourcar Mar Menor S.L. we are a winning team, family run with two generations working hard to give the best possible service at competitive prices.Sed ut perspiciatis unde om nis natus error sit volup atem accusant dolorem que laudantium. Totam aperiam, eaque ipsa quae ai.

FACTORY READY FOR [...]

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OUR MISSION IS SIMPLE

Our Vision
Yourcar Mar Menor S.L has three interconnected guidelines which form the pillars for our success. First, employees must be satisfied in their work and be happy at the workplace. Secondly, the business must be profitable to ensure long-term viability; and thirdly, we must earn our customer’s trust and loyalty by providing superior customer service and quality products.

Our Mission
Our Mission is to provide an experience to each and every customer that is beyond their expectations in a friendly, professional and efficient manner, creating true consumer value. We will treat our customers as we would our family, helping them meet their transportation needs.
By achieving our goal, we can create an environment which fosters continued growth and recognises the contributions of our employees and we will encourage our team members to succeed and to improve themselves. We will create a fun, friendly and family atmosphere.
We will create and maintain a presence in the commu [...]