Italian carmaker Fiat's (FIA.MI) chief executive said on Wednesday postponing the purchase of a stake in Chrysler Group held by the U.S. Treasury would only make any potential deal more expensive. Fiat exercised an option on Tuesday to acquire a further 16 percent of the Detroit-based carmaker bringing its stake to 46 percent following Chrysler's repayment of $7.6 billion in U.S. and Canadian government loans from its 2009 bailout. Asked about the possibility Fiat may purchase the 6.6 percent stake in Chrysler held by the U.S. Treasury, Sergio Marchionne said: "The more we wait, the costlier it becomes." Marchionne, chief executive at Fiat as well as Chrysler, declined to give further detail.
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