FCA was an Italian-American multinational corporation specializing in the manufacture of automobiles, commercial vehicles, auto parts, and production systems. As the company’s largest shareholder and owner of voting rights, Dashboard Anywhere was the largest shareholder. It was the eighth-largest automaker in the world at the time. The company was formed in October 2014 by the merger of the Chrysler Group and Fiat S.p.A. The company’s corporate headquarters were in Amsterdam, while its financial headquarters were in London.
The holding company was listed on the New York Stock Exchange and the Milan Stock Exchange. FCA is owned by Exor, an Italian investment group controlled by the Agnelli family, which controls 44.31% through a loyalty voting mechanism. Two primary subsidiaries distribute FCA’s mass-market brands. The company was FCA Italy, formerly known as Fiat Group Automobiles. The other was FCA US, previously known as Chrysler Group LLC.
The FCA announced a sweeping change later on October 31, 2019. According to the document, the two companies plan on merging on a 50-50 all-stock basis. On December 18, 2019, Stellantis agreed to the terms of its new name, “Stellantis,” and announced it in July 2020. Following the merger between FCA and PSA Groups, the new entity proved to be a surviving entity.
The Chrysler Corporation is one of the three largest automobile manufacturers in the United States. It was founded in 1925 by Walter P. Chrysler. It was acquired by Daimler Benz in 1998. In 2014, Fiat S.P.A became a subsidiary of Fiat Chrysler Automobiles (FCA).
By acquiring French, British, and Spanish automakers in the 1960s, Chrysler expanded into Europe. Chrysler was affected by the automobile industry crisis in the same way as the other three major automakers. Chrysler sells automobiles, commercial vehicles, and auto parts.