Stellantis

Stellantis

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

Stellantis is the fourth-largest automaker in the world and is the result of a 2021 merger between Fiat Chrysler Automobiles N.V. (abbreviated as FCA) and Peugeot S.A. (PSA Groupe).

History

Fiat Chrysler Automobiles N.V. is an Italian and American multinational corporation and is the world's eighth-largest automaker. 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 principal subsidiaries: FCA Italy (previously Fiat Group Automobiles SpA) and FCA US (formerly Chrysler Group LLC). The company's portfolio includes Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, and Ram Trucks. Ferrari was spun off from the group in 2016. Today, FCA operates in four global markets: NAFTA, LATAM, APAC, and EMEA. FCA also owns industrial subsidiaries Comau, Magneti Marelli, Mopar, and Teksid.

FCA and PSA merger
FCA and PSA's new logo post-merger.

In July of 2020, FCA announced it would be merging with Peugeot S.A. (PSA Groupe) and formally changing its name to Stellantis. The merger resulted in Stellantis becoming the fourth-largest automaker in the world. It was motivated by both automakers, FCA and PSA, to expand consumer bases, develop better electric vehicle technologies, and build more electric vehicles. Stellantis unveiled its new logo in November of 2020 to more closely reflect the company's new name, which is derived from the Latin word "stello," meaning "to brighten with stars." The names and logos of individual brands like Jeep, Fiat, Dodge, Ram, etc., will remain unchanged, while newly developed vehicle brands will fall under Stellantis.

Timeline

January 2021
French carmaker group PSA and Italian-American company Fiat Chrysler Automobiles announce a merger agreement, thus creating the world's fourth-largest car company— Stellantis.
July 31, 2020
Fiat Chrysler is named Stellantis after the merger with PSA is finally complete.
January 21, 2014
Chrysler is acquired by Fiat and is reorganized as Fiat Chrysler Automobiles.
2007
Chrysler becomes Chrysler LLC.
1998
Chrysler changes its name to DaimlerChrysler after Daimler-Benz merger.
June 6, 1925
Chrysler is founded by Walter Chrysler in Detroit, Michigan.

People

Name
Role
LinkedIn

John Elkann

Chairman

Richard Palmer

Chief Financial Officer

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Jasper Jolly
February 28, 2021
the Guardian
Vauxhall's Ellesmere Port plant is one of many whose future lies in the hands of the merged auto giant
Matthew DeBord
February 26, 2021
Business Insider
Fiat Chrysler and PSA recently formed the sprawling Stellantis empire in a $52 billion deal. These 16 leaders will play a major role in its future.
BBC News
February 26, 2021
BBC News
The UK produced 27% fewer cars than a year ago, the worst January figure for over a decade.
Jasper Jolly
February 25, 2021
the Guardian
Owner Stellantis says plant could close without financial support from UK government
BBC News
February 25, 2021
BBC News
The owner of the Ellesmere Port factory, which employs about 1,000 workers, is in talks with the government.
Stellantis
February 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- New half doors and choice of upper-window assemblies are available as part of new Jeep® Wrangler Dual-Door Group factory option New Dual-Door...
By Simon Jack
February 24, 2021
BBC News
Vauxhall's parent company has previously said its fate depends on the government's commitment to the car industry.
Kristen Lee
February 23, 2021
Business Insider
Destination fees on new cars are rising rapidly, according to a Consumer Reports investigation. But you can always negotiate other parts of the price.
Stellantis
February 22, 2021
www.prnewswire.com:443
/PRNewswire/ -- A ceremony in the Grand Theatre in Warsaw, Poland, saw the attendance of a limited number of senior personnel from the Alfa Romeo Racing ORLEN...
Reuters
January 25, 2021
The Hindu
The shortage has affected Volkswagen, Ford Motor Co, Subaru Corp, Toyota Motor Corp, Nissan Motor Co Ltd, Fiat Chrysler Automobiles and other car makers.
Matthew DeBord
January 10, 2021
Business Insider
The auto industry has often been thought of as a man's world but in fact, numerous women have risen to high levels of power and influence.
FCA
January 8, 2021
www.prnewswire.com:443
/PRNewswire/ -- Three-dimensional product tours and videos related to FCA's technology and innovation Virtual Brand Ambassador communicates with visitors,...
January 4, 2021
The Economic Times
Shareholders vote Monday on a deal to create the world's fourth-largest carmaker, to be called Stellantis, with the capacity to produce 8.7 million cars a year, behind Volkswagen, Toyota and Renault-Nissan, and create 5 billion euros in synergies.
FCA
December 21, 2020
www.prnewswire.com:443
/PRNewswire/ -- The new 2021 Chrysler Pacifica is the best when it comes to entertaining the entire family, according to CarBuzz. The automotive industry...
FCA
December 21, 2020
www.prnewswire.com:443
/PRNewswire/ -- $400,000 contributed to the Impact Neighborhood Fund and $285,000 to Chandler Park Conservancy 20,000 masks distributed to community leaders to...
Cars.com Inc.
November 20, 2020
www.prnewswire.com:443
/PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shows Americans continue to...
The Canadian Press
October 15, 2020
CTVNews
Unifor says it has reached a tentative agreement for 9,000 workers at Fiat Chrysler Automobiles in Canada.
Reuters Editorial
April 21, 2020
U.S.
Fiat Chrysler Automobiles N.V. said on Tuesday it had drawn down on a 6.25 billion euro ($6.79 billion) credit line to buffer its cash reserves during the uncertainty around the coronavirus health crisis.
Nick Carey
April 1, 2020
U.S.
With auto showrooms shut during the coronavirus pandemic, Fiat Chrysler and General Motors Co moved to reboot demand moved to reboot demand with seven-year, no interest loans and programs allowing customers to buy vehicles online.
Reuters Editorial
March 13, 2020
U.S.
Fiat Chrysler Automobiles NV said production at its assembly plant in Windsor, Ontario, which was halted for 24 hours after an employee contracted the coronavirus, has resumed on Friday afternoon.
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References

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