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Fiat Chrysler Automobiles N.V.
Company type
Public (N.V.)
Traded as
Borsa Italiana: FCA
NYSE: FCAU
Industry
Automotive
Production systems
Predecessors
Fiat S.p.A.
Chrysler Group
Founded
12 October 2014; 9 years ago (2014-10-12)
Defunct
16 January 2021; 3 years ago (2021-01-16)
Fate
Merged with the PSA Group to form a new company called Stellantis
Successor
Stellantis
Headquarters
Amsterdam, Netherlands (Legal office),
London
,
United Kingdom (Fiscal office)
Area served
Worldwide
Key people
John Elkann (chairman) Mike Manley (CEO)[1]
Revenue
€108 billion (2019)[2]
Operating income
€4 billion (2019)[2]
Net income
€6.6 billion (2019)[2]
Total assets
€96.87 billion (2018)[2]
Total equity
€24.90 billion (2018)[2]
Owners
Exor N.V. (28.7%)
Tiger Global (4.79%)
UBS Securities (4.35%)
Vanguard (1.93%)[3]
Number of employees
198,545 (2018)[2]
Subsidiaries
Companies[4]
Vehicles
FCA Italy S.p.A.
Abarth
Alfa Romeo
Fiat
Fiat Professional
Lancia
FCA US LLC
Chrysler
Dodge
Jeep
Ram
Maserati S.p.A.
Components and production systems
Comau
Mopar
Teksid (84.8%)
Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. At the time[when?] it was the world's eighth largest automobile maker.[5] The group was established in 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% of FCA and controlled 44% through a loyalty voting mechanism,[7] the largest block of shares.
FCA's mass-market brands operated through two main subsidiaries: FCA Italy (previously Fiat) with headquarters in Turin, and FCA US (previously Chrysler) 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.[8] FCA operated in four global markets (NAFTA, LATAM, APAC, EMEA).[9]
Starting in late 2019, FCA merged with the PSA Group (owner of the Peugeot and Citroën brands among others) on a 50-50 all-stock basis[10] in a $50 billion merger.[11][12] In 2020, the company announced its new name, Stellantis.[13] In January 2021, 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.[14]
^FCA_Announcement.pdf: FCA - FCA_Announcement.pdf, accessdate: 21. July 2018
^ abcdef"Fiat Chrysler 2018 Results" (PDF). Fiat Chrysler Automobiles. Retrieved 7 April 2019.
^"Fiat Chrysler Automobiles: Shareholders Board Members Managers and Company Profile". MarketScreener. Retrieved 20 January 2021.
^"Group Brands". fiatspa.com. Archived from the original on 18 May 2013. Retrieved 25 May 2013.
^Flak, Agnieszka (29 October 2014). "Fiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond". Yahoo! Finance. Reuters. Retrieved 20 January 2021.
^"Fiat says merger into Dutch-registered FCA effective October 12". Reuters. London. 7 October 2014. Retrieved 20 January 2021.
^FCA_2014_Annual_Report.pdf: FCA Annual_Report at 31 December 2014. Retrieved 4 March 2016.
^Joseph, Noah. "Ferrari and FCA are officially separated". Autoblog. Retrieved 24 January 2016.
^"Group profile". FCA. Archived from the original on 14 August 2017. Retrieved 18 February 2020.
^"Fiat Chrysler and Peugeot agree to pursue giant auto merger". Financial Times. London. 31 October 2019. Retrieved 20 January 2021.
^Ewing, Jack; Alderman, Liz (18 December 2019). "Fiat Chrysler and Peugeot Agree on Terms to Forge New Auto Giant". The New York Times. ISSN 0362-4331. Retrieved 18 December 2019.
^"Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal". Reuters. 18 December 2019. Retrieved 18 December 2019.
^Vijayraghvan, Seshan (16 July 2020). "FCA, Groupe PSA Merger Officially Named 'Stellantis'". Car and Bike. Archived from the original on 4 November 2021. Retrieved 18 July 2020.
^"Group brands". FCA. Archived from the original on 6 April 2017. Retrieved 18 February 2020.
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Global Information
€108 billion (2019)[2]
€4 billion (2019)[2]