Everything You Need To Know About Fiat Chrysler Automobiles
Any talk about automotive industry is incomplete with the mention of Fiat Chrysler Automobiles – the eight largest auto manufacturer of the world. Popularly known as FCA, the group came into place when two automobile giants, i.e. Fiat from Italy and Chrysler from the US, merged in the year 2014. Since then the company has gone on to achieve unprecedented heights of success.
Headquarters at Four Different Locations
Targeting the masses, the company operates through its two main subsidiaries. The first one i.e. FCA Italy is headquartered in Turin, while the second one i.e. FCA US is headquartered in Michigan. Whereas the financial headquarters are located in London, while the company operates its corporate headquarter through Amsterdam.
A Pool of Popular Brands
What makes FCA such a big player in the market is the fact that the company manufacturers more than 13 popular brands of cars, hence it is able to reach the masses. The list includes popular Italian car brands such as Abarth, Alfa Romeo, Fiat, Fiat Professional, Lancia along with Chrysler, Dodge, Jeep, and Ram that are popular in the North American market. Besides these, the company also owns luxury car brand Maserati.
The merger and 5-year plan
In May 2014, when the merger between Chrysler and Fiat took place, the company announced its 5-year plan that focused towards the growth of the company with an expected rise in the number of car sales and its revenue. Today the company ships more than 4.4 million cars, manufactured across more than 100 plants spread across 40 plus countries. These numbers are a clear reflection of how massive the company is. The company came into the news in the year 2019 because of its merger with PSA on a 50/50 basis. This merger also included a $50 billion binding as part of the terms.
The company continues to lead way for innovation and boasts of making $4.5 billion investment in its R&D facilities across its various subsidiaries. One of the company’s most anticipated project is its global connected vehicle ecosystem which it is developing in collaboration with Harman from Samsung and Google’s Android technology. If everything continues to go smooth, the company expects to equip all its vehicles released by 2022 with this technology.
Commitment to sustainability
One of the most important aspects of the company’s vision is to work towards developing a sustainable business ecosystem. And the FCA group has been working strongly towards achieving this. The company is known to implement meaningful practices for sustainability across all its operational branches spread across the globe. In fact, the group is known to promote environmental suitability and social responsibility practices amongst its suppliers from all over the world.
The world needs more companies like Fiat Chrysler Automobiles that are not only working towards bringing innovation, but at the same time are inspiring other organizations towards developing a sustainable ecosystem.
Want to know more about them?
We’ve compiled all the important information about the group for you here in this blog. However, if you feel like exploring more or want to get connect with anyone from the company, you can always visit them at their Contact Us page.