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Monday, 06/01/2020 9:06:01 AM

Monday, June 01, 2020 9:06:01 AM

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FCA carries out its mass-market automotive operations through two main subsidiaries: FCA Italy (previously Fiat Group Automobiles)[17] and FCA US (previously Chrysler Group).[18] Both name changes were announced in December 2014.

FCA Italy includes the Italian-based brands that include Abarth, Alfa Romeo, Fiat, Fiat Professional, Lancia and the engine manufacturing subsidiary VM Motori.[19]

FCA US includes the American-based brands that include Chrysler, Dodge, Jeep, and Ram, plus the Mopar service and parts organization.

Other companies include luxury car (Maserati) as well as firms working on production automation (Comau) and metal foundry (Teksid, 84.8% share). Other joint ventures and subsidiaries are undertaken via the FCA Italy and FCA US companies.

In early 2019, FCA sold auto-parts maker Magneti Marelli for 6.2 billion euros to Calsonic Kansei, a Japan-based company owned by American buyout firm KKR.

@LaughinPaulRyan - WSJ, High Times, Main Street, Yahoo!



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