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Fiat Chrysler Automobiles

Fiat Chrysler Automobiles

FCA designs, engineers and manufactures passenger cars, LCVs, components and production systems for customers worldwide.

Fiat Chrysler Automobiles N.V. (abbreviated as FCA) is an Italian and American multinational corporation and is the world's eighth largest auto maker. The group was established in October 2014 by merging Fiat and Chrysler into a new holding company. Fiat Chrysler Automobiles' main headquarters are located in the Netherlands, and the financial headquarters are in London for tax purposes. The holding company is listed on the New York Stock Exchange and Borsa Italiana in Milan. Exor N.V., an Italian investment group controlled by the Agnelli family, owns 29.19% of FCA and controls 44.31% through a loyalty voting mechanism.FCA's mass-market brands operate through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles SpA) and FCA US (previously Chrysler Group LLC). The company's portfolio includes automotive brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Ram Trucks. Ferrari was spun off from the group in 2016. Today FCA operates in four global markets (NAFTA, LATAM, APAC, EMEA).FCA also owns industrial subsidiaries Comau, Magneti Marelli, Mopar and Teksid.

Timeline

People

Name
Role
LinkedIn

John Elkann

Chairman



Michael Manley

Chief Executive Officer



Richard Palmer

Chief Financial Officer



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News

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Colleen Barry and Tom Krisher
December 16, 2019
CTVNews
Fiat Chrysler Automobiles and PSA Peugeot are planning to announce a binding memorandum of understanding that will merge the two carmakers, a person briefed on the announcement said Monday.
Reuters Editorial
December 5, 2019
U.S.
Fiat Chrysler Automobiles said on Thursday it strongly disagreed with a tax authority claim that it had underestimated the value of its U.S. business following its acquisition of Chrysler.
Reuters Editorial
December 4, 2019
IN
Italian tax authorities believe that Fiat Chrysler Automobiles underestimated the value of its U.S. business by 5.1 billion euros following Fiat's phased acquisition of Chrysler, according to a company filing and a source close to the matter.
Associated Press
November 30, 2019
Boston Herald
DETROIT (AP) -- The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers.
Reuters Editorial
November 22, 2019
U.S.
French carmaker PSA remains focused on its merger talks with Fiat Chrysler Automobiles (FCA) and is still aiming to sign a memorandum of understanding (MoU) in December, said a source close to the matter.
David Shepardson
November 18, 2019
U.S.
California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota, Fiat Chrysler and other automakers backing U.S. President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions.
Ben Winck
November 15, 2019
markets.businessinsider.com
The 40-day GM strike cost the automaker nearly $3 billion -- and BAML says Fiat Chrysler is most at risk of a future walkout
Ben Winck
November 15, 2019
Business Insider
A union strike at Fiat would "materially increase costs" and could "shrink FCA's labor advantage" over Ford and GM, the analysts wrote.
Ben Klayman
November 14, 2019
U.S.
Tesla Inc's Model 3 and S sedans both regained "recommended" status in Consumer Reports magazine's annual reliability survey, allowing the electric carmaker's overall standing to rise slightly.
Yilei Sun
November 1, 2019
IN
Fiat Chrysler and Peugeot owner PSA's merger is unlikely to provide a quick fix to their problems in China, as both companies have long struggled to find the right products at the right price for the world's top car market, analysts say.
Reuters Editorial
October 31, 2019
IN
Italy's Prime Minister Giuseppe Conte said that merger plan between Peugeot owner PSA and Fiat Chrysler Automobiles must keep jobs and factories in Italy, Italian media reported on Thursday.
Giulio Piovaccari
October 30, 2019
U.S.
The supervisory board of Peugeot maker PSA on Wednesday gave Chief Executive Carlos Tavares the go-ahead to pursue a $50 billion merger with Italy's Fiat Chrysler Automobiles NV , a source familiar with the matter said, moving the companies closer to a deal that could transform the global auto industry.
David Yaffe-Bellany
September 24, 2019
www.nytimes.com
An indictment followed the company's costly settlement of lawsuits over rigging pollution test results.
Joseph White
August 4, 2019
U.S.
Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.
Neal E. Boudette
June 10, 2019
www.nytimes.com
The agreement, with Aurora Innovation, underscores the heavy emphasis automakers are placing on autonomous cars.
Liz Alderman
June 6, 2019
www.nytimes.com
Talks between Fiat Chrysler and Renault to create one of the world's largest automakers ran into a familiar problem in France: the government itself.
Kevin Granville
June 6, 2019
www.nytimes.com
The offer of a 50-50 merger appealed in an industry facing challenges, but the French government and Nissan had questions.
Jack Ewing, Liz Alderman and Ben Dooley
May 28, 2019
www.nytimes.com
Nissan's clout could be diminished by a merger between its longtime partner Renault and Fiat Chrysler. How it responds could help reshape the global auto industry.
Reuters Editorial
May 27, 2019
U.S.
American-Italian carmaker Fiat Chrysler has made an all share merger proposal to French rival Renault as part of a new wave of auto industry consolidation.
Giulio Piovaccari
May 26, 2019
U.S.
Fiat Chrysler has been angling for a combination with another automaker for years, and its latest attempt - for a global tie-up with France's Renault - could address some of the main weaknesses of both companies, sources say.
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