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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 [...]

Design, Installation & Maintenance of Ponds and Waterfalls Repair and Building of Ponds Design and Installation and Maintenance of Aquariums WELCOME TO EXECUTIVE AQUARIUM & POND SERVICE After 47 years of successfully servicing both Aquariums and Ponds throughout Southern California, Executive Aquarium & Pond, Inc. continues to be one of the largest and most successful businesses of its kind. Our specialty is large commercial and condominium ponds; however, we also create and maintain commercial ponds, small home ponds, and one-of-a-kind saltwater aquariums, including temporary movie sets or trade show aquariums. We have been featured in some of the leading Southern California newspapers and magazines.  We provide courteous, high quality service to new and existing customers.

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Executive Aquarium & Pond, Inc. has been featured in some of the leading Southern California newspapers and magazines, including The Daily News, Los Angeles Business Journal, Valley Magazine, USA Weekend, Valley Business and Warner Center News among others. We have also received a Certificate of Appreciation from the City of Los Angeles. After 47 years of successfully servicing both Aquariums and Ponds throughout Southern California, Executive Aquarium & Pond, Inc. continues to be one of the largest and most successful businesses of its kind. WHY CHOOSE US? We take a very long term approach in developing relationships with both our customers and our employees; we treat each customer and employee with respect, fairness and honesty.We listen to the special needs of each client and do our utmost to fulfill those needs.We provide prompt, courteous response to all phone calls and have 24-hour emergency call service for our clients.Our staff is well-trained, we make sure your tank or pond is beautiful and a pleasurable experience for you. SOME OF OUR CLIENTS Acura 101 WestDole Foods World HeadquartersFirmont Miramar HotelGalpin Ford Premiere CollectionGlaxo-WelcomeLowes Santa Monica HotelLowes Santa Monica HotelLos Ang