Fiat Chrysler Automobiles N.V. (FCA) was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. The Italian holding company Exor was the largest shareholder and owner of voting rights. At the time it was the world’s eighth largest automobile maker. The group was established in October 2014 through the merger of Chrysler Group and Fiat S.p.A. Its corporate headquarters were domiciled in Amsterdam and its financial headquarters were in London. The holding company was listed on the New York Stock Exchange and Milan’s Borsa Italiana.[6] Exor, an Italian investment group controlled by the Agnelli family, owned 29.19% of FCA and controlled 44.31% through a loyalty voting mechanism.
FCA’s mass-market brands operated through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles S.p.A.) with headquarters in Turin, and FCA US (previously Chrysler Group LLC) in Auburn Hills, Michigan. The company’s portfolio included brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, and Ram Trucks. Ferrari was spun off in 2016. FCA operated in four global markets (NAFTA, LATAM, APAC, EMEA).
On 31 October 2019, FCA announced its intention to merge with the PSA Group (owner of the Peugeot and Citroën brands among others) on a 50-50 all-stock basis. On 18 December 2019, FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger. In July 2020, the company announced its new name, Stellantis. On 16 January 2021, after FCA and PSA both approved the merger on 4 January of the same year, the merger was complete with FCA resulting as the surviving entity and changed its name to Stellantis.
FCA also owned industrial subsidiaries Comau, Mopar, Teksid and VM Motori.
Fiat Chrysler Automobiles NV (FCA) history, profile and corporate video
Fiat Chrysler Automobiles NV (FCA) is an Italian-American multinational corporation with the corporate headquarters in Amsterdam, Netherlands and the financial headquarters in London, United Kingdom. It was established in October 2014 through the merger of Fiat S.p.A. and Chrysler Group LLC into a new holding company.
On 3 January 2016, the group separated Ferrari S.p.A. from FCA, and Ferrari became a separate investment of Exor.
In December 2019, FCA and Groupe PSA agree to a 50/50 merger that will create a leading global mobility company.
On 4 January 2021, FCA and Groupe PSA approved the merger and the deal was completed on 16 January 2021. The corporate name of the new holding company is Stellantis N.V.
Fiat S.p.A.
Fiat or Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), was an Italian holding company whose original and core activities were in the automotive industry. It was founded at the end of the 1800s by a group of investors, including Giovanni Agnelli. During its long history, it also manufactured railway engines and carriages, military vehicles, tractors, or aircraft.
Chrysler Group LLC
Chrysler was one of the largest automobile manufacturers in the U.S. The company was founded by Walter Chrysler on June 6, 1925, when the Maxwell Motor Company was re-organized into the Chrysler Corporation.
The company’s portfolio includes more than 13 commercial automotive brands, such as Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Ram Trucks, and others. The Group’s businesses also include Mopar (automotive parts and service), Comau (production systems) and Teksid (iron and castings).
With more than 191 000 employees in more than 40 countries, Fiat Chrysler Automobiles NV is considered one of the world’s largest automakers. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.fcagroup.com/en-US”.
**Video published on YouTube by “Fiat Chrysler Automobiles“
