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Automobile and parts manufacturer: Fiat Chrysler Automobiles (FCAU) (1899)

Fiat Chrysler Automobiles (Fiat Chrysler Automobiles) Fiat Chrysler Automobiles NV (NYSE: FCAU) was founded in 1899 and is headquartered in London, England. It has 198,545 employees worldwide. It is the Fiat SpA of Italy on January 29, 2014 The holding company established after the acquisition of the Chrysler Group of the United States and the reorganization is the seventh largest automobile manufacturer in the world.

Fiat Chrysler Automobiles FCAU Logo

Fiat Chrysler Automobiles (FCAU):

On January 21, 2014, Fiat acquired all shares of Chrysler and established Fiat Chrysler Automobiles. The new holding company was registered in the Netherlands. After the merger is completed, Fiat Chrysler will own Maserati, Fiat, Ferrari (dissected and listed independently in 2016), Chrysler, Dodge, Jeep, Abbas, Alfa Romeo, Fiat Professional, Lancia, and There are 12 car brands including Ram Trucks and SRT (Street & Racing Technology).

Fiat Chrysler Automobiles is divided into 6 divisions to operate: NAFTA, LATAM, APAC, EMEA, Maserati and Components.

1. Fiat Chrysler is manufactured and sold under the brands of Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo and Abarth Passenger cars, trucks and light commercial vehicles; manufacture and provide luxury cars under the Maserati brand; and provide automobile-related service parts and accessories and service contracts under the Mopar brand.

2. Fiat Chrysler also produces and sells automotive lighting components, body control units, suspensions, shock absorbers, electronic systems, exhaust systems, powertrain components, engine control units, plastic molding components and after-sales products under the Magneti Marelli brand.

3. Fiat Chrysler also provides cast iron parts for engines, gearboxes, gearboxes and suspension systems, aluminum cylinder heads and engine blocks under the Teksid brand; designs and produces industrial automation systems and industrial automation systems for the automotive industry under the Comau brand. Related Products.

4. Fiat Chrysler also provides retail and dealer financing and leasing and leasing services; and factoring services.

Fiat Chrysler Automobiles NV sells its products through direct sales and through distributors and dealers in approximately 140 countries.

Fiat Chrysler Automobiles (FCAU) history:

 1. The history of Fiat SpA:

  • In 1899, Fiat was established.
  • On July 11, 1899, the Italian Torino Automobile Co., Ltd. (FIAT) was established and produced the first car: 4HP.
  • fiatIn 1900, Fiat’s first factory was officially completed, with an annual production capacity of 24 units. [3]
  • In 1903, Fiat was listed on the stock exchange and began to produce the first truck.
    In 1906, Fiat began to produce engines for trucks, buses, trams and ships.
  • In 1908, Fiat began manufacturing aero engines.
  • In 1914, Fiat produced nearly 20,000 parts for military 18BL trucks. In the following years, Fiat also produced various military aircraft engines.
  • Between 1915 and 1917, Fiat began to build the Lingotto plant, the largest car factory in Europe at the time.
  • In 1922, Fiat’s first civil aviation aircraft AL biplane made its first test flight. In the same year, Fiat built the GrandiMotori factory to produce ship engines.
  • In 1930, Fiat produced the world’s first rail car Littorina.
  • During World War II, Fiat significantly reduced its car production capacity, transferred a large amount of production capacity to the military industry, and began to produce armored vehicles, aircraft, and ship engines.
  • In 1951, Italy’s first jet aircraft Fiat G.80 went into flight.
  • In 1953, Italy’s first diesel passenger car-Fiat 1400 was released.
  • In 1964, Fiat released the Fiat 850, a two-door five-seater sedan.
  • In 1967, Fiat Group acquired the majority of Magneti Marelli (MagnetiMarelli). In the same year, the Fiat DinoCoupé coupe was officially released, and its engine adopted Ferrari technology.
  • In 1969, Fiat Group acquired Lancia (Lancia), and Ferrari 50% of the shares.
  • In 1969, the railway department of the Fiat Group designed and produced the Pendolino, the world’s first tilting train.
  • In 1971, Fiat acquired Abarth, a sports brand with a long history.
  • In 1975, Ferrari won the F1 World Championship and reached the top again in 1977 and 1979.
  • In 1976, the Fiat Technical Research Center Centro Ricerche Fiat was established.
  • In 1978, the Fiat Group opened several new factories in Italy and Brazil, and established two new companies: Comau and Teksid.
  • In 1979, the Fiat Group’s automotive division established a new company, Fiat Automobiles Co., Ltd., which owned Fiat, Lancia, Autobianchi and Ferrari brands.
  • In 1980, Fiat released Panda, the leader in economic models.
  • In 1984, Fiat acquired Alfa Romeo.
  • In 1987, Fiat Group introduced the world’s first direct injection diesel engine designed for passenger cars.
  • In 1990, Fiat launched Panda Elettra, the first mass-produced electric car.
  • In 1993, Fiat Group acquired Maserati, a well-known car brand, and in the same year released Progetto Autonomy, which was designed for the disabled.
  • In 2000, Fiat Group and General Motors jointly established an industry alliance (dissolved in 2005).
  • In 2001, Fiat launched Stilo.
  • In 2002, Lancia launched its new luxury flagship model Thesis.
  • In 2005, FPT Powertrain Technologies was established.
  • In 2006, Fiat released the alternative fuel TetraFuel system.
  • At the end of January 2007, Fiat released the new Bravo.
  • On June 10, 2009, Fiat Group and Chrysler Group issued a joint statement announcing the formation of a global strategic alliance.
  • In 2010, Fiat released two important innovations: TCT (Dual Clutch Transmission) and TwinAir, the world’s first high-tech dual-cylinder engine.
  • On September 16, 2010, the Fiat Group agreed to separate the industrial sector from the group and establish Fiat Industrial Group separately.
  • On January 1, 2011, the Fiat Group officially split. Under the new structure, the Fiat Group includes Fiat Group Automotive, Ferrari, Maserati, Magneti Marelli, Teksi, Comau, and Fiat Powertrain (passenger vehicle, commercial vehicle powertrain division). The new group is led by Fiat Industrial Group, which is listed on the Italian Stock Exchange. The industrial group includes Case New Holland, Iveco and FPT Powertrain (Powertrain Division for Industrial and Marine Business).

2. Chrysler (Hong Kong translation: Christina) History:

  • In 1925, “Maxwell Motor Company” was changed to “Chrysler Motor Company”, and Chrysler was officially born.
  • In August 1925, Chrysler Canada was established.
  • In 1927, it became the fourth largest automobile manufacturer in the United States.
  • ChryslerIn 1928, Chrysler acquired the “Dodge Brothers” five times the size of the company. Since then, it has become the “Big Three” of the automobile industry with General Motors and Ford Motor Company, the three major US automakers.
  • In 1942, Chrysler stopped the production of civilian vehicles for the military industry. The military products included 500,000 military “Dodge” trucks.
  • In 1946, Chrysler resumed automobile production, producing slightly improved pre-war models.
  • In 1958, Chrysler acquired the shares of “Simka Automobile Company of France” and began to sell “Simka” cars in the United States.
  • In 1984, Chrysler acquired 15.6% of Maserati Automobiles.
  • In 1987, Chrysler acquired the fourth-largest automaker in the United States-American Motor Corporation for US$800 million, and thus owned the Jeep brand, in charge of the Jeep brand’s 3 auto factories, 1,600 dealers, and a joint venture in Beijing, China. Jeep Automobile Co., Ltd.
  • In 1991, Chrysler sold its shares in Mitsubishi Motors.
  • In 1998, Daimler-Benz and Chrysler reached an “equal merger” agreement.
  • In 2007, Chrysler flew solo from Daimler-Benz.
  • On April 30, 2009, US President Barack Obama announced that Chrysler was officially bankrupt and was taken over by the US government and Fiat.
  • On June 10, 2009, Chrysler Group and Fiat Group announced that they would merge.
  • On June 12, 2009, Fiat and Chrysler announced that Fiat will hold a 20% stake in the newly formed Chrysler Group, and the National Auto Workers Federation’s union retired employee health care fund holds 55% of the Chrysler Group. The largest shareholder of the group, the US government holds 8% of the group’s shares, and the Canadian government holds 2%.
  • On July 24, 2009, the European Commission approved the Italian Fiat Automobile Company to acquire Chrysler Automobiles of the United States.

3. Fiat Chrysler Automobiles (FCAU) History:

  • On January 29, 2014, Fiat announced a reorganization and plans to merge into a new holding company.
  • On October 12, 2014, Fiat SpA and Chrysler Group LLC merged into FCA. The transaction was approved by the board of directors on June 15, 2014 and shareholder approval on August 1, 2014.
  • On October 29, 2014, Fiat Chrysler Group announced its intention to separate Ferrari SpA (Ferrari) from FCA. The transaction was completed on January 3, 2016.
  • On July 14, 2015, Fiat Chrysler Automotive CEO Sergio Marchionne and United Auto Workers (United Auto Workers, UAW) President Dennis Williams negotiated. Marchionne announced on January 8, 2017 that Chrysler plans to add 2,000 jobs and invest $1 billion to manufacture Jeep Wagoneer and Grand Wagoneer at the Warren Truck Assembly Plant, and will be at the Toledo Assembly South Plant in Toledo, Ohio by 2020 Build a new Jeep Wrangler pickup truck.
  • On January 13, 2017, the US Department of Justice investigated the company and allegedly failed to disclose software that violated emissions standards and allowed vehicles to exceed pollution limits. On May 23, 2017, the Ministry of Justice filed a civil lawsuit between 2014 and 2016, accusing FCA of “using’failed devices’ to circumvent emission controls,” exceeding 100,000 vehicles.
  • On July 3, 2018, Hyundai Motor stated that it is paying close attention to Fiat Chrysler stock and intends to acquire it before the end of next year.
  • June 5, 2019, Fiat Chrysler said it was withdrawn with Renault merger proposal, mainly because of Renault partner Nissan has not agreed to support the deal.
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