Fiat Chrysler Automobiles N.V., often abbreviated as FCA, is an Italian-American multinational corporation and is the world's eighth largest auto maker.[5] The group was established in October 2014 by merging Fiat and Chrysler into a new holding company. Fiat Chrysler Automobiles' corporate headquarters is domiciled in Amsterdam, and the financial headquarters are in London, both for tax purposes.[6] The holding company is listed on the New York Stock Exchange and Milan's Borsa Italiana.[7] 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.[8]
FCA's mass-market brands operate through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles SpA) headquartered in Turin; and FCA US (previously Chrysler Group LLC) headquartered in Auburn Hills, Michigan (part of Metro Detroit). The company's portfolio includes automotive brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, and Ram Trucks. Ferrari was spun off from the group in 2016.[9] Today FCA operates in four global markets (NAFTA, LATAM, APAC, EMEA).[10]
On 31 October 2019, FCA announced intent to merge with Groupe PSA (owner of the Peugeot and Citroën brands among others). The merger would be on a 50-50 all stock basis.[11] On 18 December 2019, FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger.[12][13]
FCA also owns industrial subsidiaries Comau and Teksid.[14]
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