January 27, 2015 8:52 AM ET

Automobiles

Company Overview of Fiat Group Automobiles S.p.A.

Company Overview

Fiat Group Automobiles S.p.A. manufactures and markets automobiles, light commercial vehicles, and related products in Italy, Europe, South America, and Turkey. The company was formerly known as Fiat Auto S.p.A. and changed its name to Fiat Group Automobiles S.p.A. in February 2007. The company was incorporated in 1978 and is based in Turin, Italy. Fiat Group Automobiles S.p.A. operates as a subsidiary of Fiat Chrysler Automobiles N.V.

Corso Glovanni Agnelli, 200

Turin, TO 10135

Italy

Founded in 1978

Phone:

39 0011 00 31 11 11

Fax:

39 0110 03 81 99

Key Executives for Fiat Group Automobiles S.p.A.

Chief Financial Officer
Chief Executive Officer of Alfa Romeo Spain
Chief Procurement Officer of Global Purchasing - China and Vice President of Global Purchasing - China
Chief Representative of China
Age: 52
Head of Fiat Brand and Commercial
Compensation as of Fiscal Year 2014.

Fiat Group Automobiles S.p.A. Key Developments

FCA Italy SpA Establishes New Bank with CA Consumer Finance SA

A Fiat Chrysler Automobiles subsidiary has established a new banking unit with a unit of Credit Agricole Group. FCA Bank SpA has been created by FCA Italy SpA and CA Consumer Finance SA and will become the parent company of a group with operations in 16 European countries after receiving its banking licence in Italy. FCA has also made an application for EUR 500 million from the European Investment Bank to support its research and development (R&D) activities. According to the application on the EIB's website, the funding will form part of a EUR 1.28 billion investment that will be made between 2015 and 2017 in Italy. It will be related to alternative fuel powertrains, such as natural gas, and lightweight materials. The investment will also include capital expenditure for 'advanced machinery and equipment' for the production of gasoline (petrol)/natural gas and diesel engines that will take place in the regions of Campania and Molise (Italy).

Fiat Group Automobiles Signs Memorandum of Understanding on Supply of Next-Generation Mitsubishi L200

Fiat Group Automobiles has announced that it has signed a memorandum of understanding on the supply of a pick-up truck from Japan's Mitsubishi. The non-binding contract will relate to the possibility of developing and manufacturing a mid-sized vehicle based on the next-generation L200.

Fiat Group Automobiles and Mitsubishi Motors Corporation Sign MOU on Potential Vehicle Co-operation

Fiat Group Automobiles and Mitsubishi Motors Corporation announced that they have signed a non-binding Memorandum of Understanding concerning the possibility to develop and manufacture a mid-size pick-up truck, supplied by Mitsubishi and based on the next generation of L200.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 19, 2015
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