What does Fiat Chrysler Automobiles do?
Fiat Chrysler Automobiles, or FCA, is an Italian-American company, which engineers, designs, produces and markets vehicles, components and production systems worldwide.
Moreover, the group’s subsidiaries or financial partners provide leasing, retail and dealer financing, and rental services.
In January 2014, Fiat acquired 100% ownership in Chrysler Group. In October of the same year the two companies merged to create Fiat Chrysler Automobiles, whose common shares were listed on the New York and the Milan Stock Exchanges.
Although FCA is a young company, it carries on the tradition of the two car makers, originating in Italy and the USA long ago.
Fiat was established at the late 1800s and incorporated on 11 July 1899. Chrysler’s foundation dates back to the end of the 1800s as well. However, its incorporation took place on 6 June 1925, when the Maxwell Motor Company was reorganised.
Locations and operation
Fiat Chrysler Automobiles’ corporate office is located in London, the UK, and its Italian branch is based in Turin, Italy. The group operates 159 manufacturing facilities and 87 research and development centers in 40+ countries. FCA’s products are marketed and sold via dealers and distributors in more than 140 countries. Globally, the company employs approximately 236,000 staff members.
FCA’s portfolio includes 12 commercial car brands: Fiat, Chrysler, Fiat Professional, Abarth, Alfa Romeo, Dodge, Jeep, Lancia, Maserati, Mopar, Ram and SRT. Ferrari was spun off at the beginning of January 2016.
Moreover, the components and production systems segment is represented by the following brands: Comau (production systems), Teksid (iron and castings) and Magneti Marelli (components).
As far as mass market automobile production is concerned, Fiat Chrysler Automobiles’ activities are organised into four regional divisions:
NAFTA: the operational segment is responsible for the United States, Mexico, Canada, and the Caribbean islands.
LATAM: this part of FCA caters for Latin American consumers with the Giovanni Agnelli R&D Center, based in Betim, Brazil.
APAC: designs, develops, produces and distributes mass-market automobiles in the Asia Pacific region, with key operational facilities in Australia, China, India, Japan, and South Korea.
EMEA: the regional division designs, develops, produces and distributes mass-market automobiles in European countries, the Middle East and Africa.
In addition to the mass market regional segments, Fiat Chrysler Automobiles’ structure includes a worldwide luxury segment – Maserati, as well as a worldwide components segment, which embraces the Comau, Magneti Marelli and Teksid brands.
Fiat Chrysler Automobiles is listed on two exchanges: the New York Stock Exchange (NYSE) under the ticker ‘FCAU’, and on the Borsa Italiana (the Mercato Telematico Azionario, MTA) under the ticker ‘FCA’.
The company’s common shares are components of the FTSE MIB, the benchmark index for the Italian stock exchange.
Explore the performance of the Fiat Chrysler Automobiles share price and the FCAU chart at Capital.com.