Stellantis Europe Explained

Stellantis Europe S.p.A.
Former Name:
  • Fiat Group Automobiles S.p.A. (2007–2014)
  • FCA Italy S.p.A. (2014–2023)
Type:Subsidiary (S.p.A.)
Industry:Automotive
Predecessor:Fiat Auto S.p.A.
Founded: in Turin, Italy
Hq Location:Via Nizza 250
Hq Location City:Turin
Hq Location Country:Italy[1]
Area Served:Worldwide
Key People:Maxime Picat (COO, Enlarged Europe)
Products:Passenger cars, light commercial vehicles
Parent:Stellantis

Stellantis Europe S.p.A.,[2] formerly known as Fiat Group Automobiles S.p.A. from 2007 to 2014 and FCA Italy S.p.A. from 2014 to 2023, is the Italian subsidiary of the multinational automaker Stellantis, dedicated to the production and selling of passenger cars and light commercial vehicles and headquartered in Turin, Italy.

History

In January 1979, Fiat S.p.A.'s automotive production activities were spun off into a new subsidiary, "Fiat Auto S.p.A.", as part of an ongoing decentralization process within Fiat.[3] Vittorio Ghidella was named CEO.

"Fiat Group Automobiles S.p.A." was created on 1 February 2007 from Fiat Auto S.p.A.[4]

Simultaneously, the four divisions of Fiat Auto (Fiat, Alfa Romeo, Lancia and Fiat Veicoli Commerciali) were made into four Società per azioni, all controlled 100 percent by Fiat Group Automobiles. The former brand directors became CEOs of the new societies, while the employees and production facilities remained under Fiat Group Automobiles.

At the same time the Abarth brand was relaunched as Abarth & C. S.p.A., a fifth independent society again owned 100 percent by Fiat Group Automobiles.[5]

On December 15, 2014 Fiat Group Automobiles S.p.A. changed name to "FCA Italy S.p.A." following reorganization into Fiat Chrysler Automobiles; the name change was announced to the press the following day.[6] [7]

Maserati and Ferrari are not under the control of FCA Italy. Maserati is directly owned by Stellantis,[8] whereas Ferrari split from FCA in 2015.

On January 16, 2021, the operations of Fiat Chrysler Automobiles and Groupe PSA were merged to form Stellantis and the company was renamed Stellantis Europe S.p.A. in June 2023.[9]

Marques

Notes and References

  1. Web site: FCA 2015 corporate presentation . Fiat Chrysler Automobiles . 30 . 19 May 2015 . 9 July 2015 . dead . https://web.archive.org/web/20150710122924/http://www.fcagroup.com/en-US/Documents/2015_corporate_presentation/FCA_Corporate_ENG_2015_05_19.pdf . 10 July 2015 .
  2. News: Benna . Christian . 29 June 2023 . Addio a Fca Italy, dal primo luglio le attività italiane diventano Stellantis Europe . Italian . Corriere Torino .
  3. News: Il vertice per la Fiat degli "Anni Ottanta" . Villare . Renzo . . 24 January 1979 . 12 February 2015.
  4. News: Ora Fiat Auto cambia nome: diventa Fiat Group Automobiles . 23 January 2007 . . it . 7 September 2014.
  5. News: Svolta Fiat: torna l'Abarth e diventa marchio indipendente . 23 January 2007 . . Vincenzo . Borgomeo . it . 7 September 2014.
  6. Web site: Creation of FCA Italy SpA . Fiat Group Automobiles S.p.A. . press release . 16 December 2014.
  7. Web site: Chrysler and Fiat names dropped from corporate titles . Larry P. . Vellequette . autonews.com . 16 December 2014 . 16 December 2014.
  8. Web site: FCAGroup - Group Structure. www.fcagroup.com. 2016-01-24.
  9. Web site: FCA and PSA Operations Merge, Founding Stellantis . . January 16, 2021 . May 25, 2021.