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img-5Fiat 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 million) in

We?re back again with another segment of Redskins Rides presented by the Washington Redskins and Easterns Automotive Group.
A new week means a new Redskins Rides segment from Easterns Automotive Group and the Washington Redskins. This week, father son duo Caleb and Ron showed off their custom Redskins-themed 2003 Corvette to Dustin Hopkins of the Redskins.
We?re back for the second week of the Redskins Rides segment that the Washington Redskins and Easterns have partnered up for.
For years, Easterns Automotive Group (Eastern Motors) has hosted their annual Redskins Rides car show event at Redskins Park in Ashburn, Virginia.
We are back with another Throwback Thursday Clip from Eastern Motors. This week, we have Brendan Haywood who is a former center for the Washington Wizards.
It?s that time of the week again! It?s time for our Throwback Thursday Clip of the Week from Easterns Automotive Group. This commercial clip includes someone with a very special voice in the DC, Maryland, and Virginia community.
This week we have a special Throwback Thursday Clip of the Week from Easterns. This clip is a jingle commercial that was shot back in 2007 starring Ray Lewis, LaVar Arrington, and Clinton Portis.
We?re back again for another Throwback Thursday Clip of the Week. The star of this particular clip from the past is Kevin Pollak. Pollak is an American actor, comedian, and impressionist from San Francisco, California.
It?s that time of the week! We are back to bring you another Throwback Thursday Clip of Week from Easterns Automotive Group. For this commercial, Easterns recruited NFL stars Jason Campbell and Jason Cooley during their time playing football for the Washington Redskins.
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