Fiat Chrysler Automobiles
|Fiat Chrysler Automobiles NV
|legal form||Naamloze vennootschap|
|founding||October 12, 2014|
|Seat||Amsterdam , Netherlands|
|Number of employees||191,752|
|sales||EUR 108.19 billion|
|Branch||Automotive industry , financial services|
|As of December 31, 2019|
The Fiat Chrysler Automobiles NV (FCA) is an automobile manufacturer with registered office in Amsterdam , and operational headquarters in London , the result of the merger of the Italian Fiat SpA and American US Chrysler Group LLC was created. The company's share is listed on the Milan Stock Exchange in the FTSE MIB and on the New York Stock Exchange . The company was founded following the complete takeover of Chrysler by Fiat in January 2014. Since then there has been FCA Germany AG and FCA Bank Deutschland GmbH in Germany . The group also includes Comau Robotics , Magneti Marelli and the metal processor Teksid .
With a turnover of 129 billion US dollars and a profit of 4.5 billion US dollars, Fiat Chrysler is the 128th largest company in the world according to Forbes Global 2000 (as of fiscal year 2017). The company had a market capitalization of around USD 35 billion in mid-2018, and in mid-2020 the market capitalization was only around USD 13 billion.
On January 29, 2014, the Board of Directors decided that Fiat will relocate its legal headquarters to the Netherlands and, in addition to its previous listing on the Milan Stock Exchange , will also be traded on the New York Stock Exchange from October 1, 2014 . For this purpose, Fiat Chrysler Automobiles NV (FCA) was founded, to which Fiat SpA was merged at a later date. In addition to its headquarters in the Netherlands, Fiat Chrysler Automobiles also has a headquarters in London ( Great Britain ) for tax reasons . Fiat Chrysler has offices in the Netherlands, but still controls the central business such as research, development and finance from the previous offices in Turin and Auburn Hills . Tax advantages are the motive for being based in the Netherlands.
At the end of 2014 it was announced that Fiat Chrysler Automobiles plans to go public with its 90 percent subsidiary Ferrari in mid-2015. 10 percent of the shares are to be placed on the stock exchange and the rest to be distributed to the FCA shareholders. Piero Ferrari , the founder's son , still holds ten percent of Ferrari .
In an investigation in October 2015, the European Union's Competition Commission came to the conclusion that tax deals between Fiat and the Luxembourg state are illegal. Fiat uses so-called tax rulings to downgrade its tax payments. The car company has to pay up to 30 million euros in taxes. The illegal tax agreement between Fiat and Luxembourg became public in the wake of the so-called Luxembourg leaks .
After talks about a cooperation with Renault failed in spring 2019, Fiat Chrysler and the French Groupe PSA announced their intention to merge on October 31, 2019 . This would create the fourth largest auto company in the world in terms of sales. On December 12, 2019, the PSA supervisory board gave the green light for the merger. On 15 July 2020 it was announced that the company name after the completion of the merger of Groupe PSA and Fiat Chrysler Automobiles parking Antis should read. The merger is expected to be completed in the first quarter of 2021.
|FCA vehicle brands timeline since 1895|
|Case IH + CE|
The Italian and US sides of FCA also have their own automobile tuners :
|Fiat-Chrysler worldwide sales 2017
|5||People's Republic of China||215||0.9%|
Current models of the group
|Fiat 500||Europe, North America, Asia|
|Fiat Panda||Europe, Asia|
|Fiat Uno||South America|
|Fiat Mobi||South America|
|Fiat Argo||South America|
|Fiat Cronos||South America|
|Fiat Grand Siena / Dodge Vision||North America, South America|
|Alfa Romeo Giulietta||Europe, North America, Asia|
|Fiat Tipo / Dodge Neon||Europe, Africa, Asia,
|Alfa Romeo Giulia||Europe, North America|
|Chrysler 300||North America|
|Dodge Charger||North America|
|Maserati Ghibli||Europe, North America|
|Maserati Quattroporte||Europe, North America|
|Fiat 500L||Europe, North America|
|Dodge Grand Caravan||North America|
|Chrysler Pacifica||North America|
|Ram truck||North America|
|Fiat Toro||South America|
|Fiat Doblò / Ram ProMaster City||Europe, North America, South America|
|Fiat Ducato||Europe, North America, South America|
|Fiat Fiorino / Ram ProMaster Rapid||North America, South America|
|Fiat Strada / Ram 700||North America, South America|
|Alfa Romeo Stelvio||Europe, North America|
|Dodge Durango||North America|
|Dodge Journey||North America|
|Fiat 500X||Europe, North America|
|Jeep Cherokee||Europe, North America|
|Jeep Grand Cherokee||Europe, North America|
|Jeep Compass||Europe, North America|
|Jeep Renegade||Europe, North America, South America|
|Jeep Wrangler||Europe, North America|
|Maserati Levante||Europe, North America|
|Dodge Challenger||North America, Europe|
|Maserati GranCabrio||Europe, North America|
|Maserati GranTurismo||Europe, North America|
- Fiat Chrysler Automobiles NV website (Italian, English)
- fcagroup.com - Board of Directors
- Annual Report 2019. (pdf) Fiat Chrysler Automobiles NV, accessed on May 9, 2020 .
- fcagroup.com - Contacts
- Fiat Chrysler Automobiles on Forbes Lists . In: Forbes . ( forbes.com [accessed July 18, 2018]).
- Financial Times: Fiat Chrysler breaks with Italy in New York listing. January 29, 2014, accessed January 29, 2014 .
- USA Today: Fiat Chrysler Automobiles' is new name, stock on NYSE. January 29, 2014, accessed January 29, 2014 .
- Format.at: Fiat / Chrysler launches a new corporate headquarters in Holland. January 29, 2014, accessed January 29, 2014 .
- FAZ.net February 8, 2014: Fiat is leaving - and no one is interested (many Italian companies have long since quietly decided against their country)
- Die Zeit, tax breaks for Starbucks and Fiat are illegal , October 21, 2015
- Fiat Chrysler and PSA announce merger , tagesschau.de from October 31, 2019
- Fiat Chrysler and PSA decide to merge ; Spiegel Online from October 31, 2019
- n-tv NEWS: PSA says yes to the big car wedding. December 17, 2019, accessed December 23, 2019 .
- heise Autos: PSA and FCA merge to form Stellantis. Retrieved July 16, 2020 .
- Annual Report 2017. (pdf) Fiat Chrysler Automobiles NV, accessed on July 18, 2018 .