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August 29, 2015 1:13 PM ET

Automobiles

Company Overview of FCA Italy S.p.A.

Company Overview

FCA Italy S.p.A. manufactures and markets automobiles, light commercial vehicles, and related products in Italy, Europe, South America, and Turkey. FCA Italy S.p.A. was formerly known as Fiat Group Automobiles S.p.A. and changed its name to FCA Italy S.p.A. in December 2014. The company was incorporated in 1978 and is based in Turin, Italy. FCA Italy S.p.A. operates as a subsidiary of Fiat Chrysler Automobiles N.V.

Corso Giovanni Agnelli, 200

Turin, TO 10135

Italy

Founded in 1978

Phone:

39 0110 03 11 11

Fax:

39 0110 03 81 99

Key Executives for FCA Italy S.p.A.

Chief Financial Officer
Chief Executive Officer of Alfa Romeo Spain
Head of Fiat Brand and Commercial
Manager of Advanced Development Department
Compensation as of Fiscal Year 2015.

FCA Italy S.p.A. Key Developments

Alfa Romeo Plans to Launch New Sedan and Crossover in US

Alfa Romeo is planning to launch its new sedan and crossover in the United States market over the next two years. Both models are likely to be based on the same rear-wheel-drive platform, referred to by the code-name Giorgio. The sedan is unofficially called the Giulia and is likely to be equipped with turbocharged four- and six-cylinder engines for base models and midrange packages. The crossover is to compete with the BMW X3 and Porsche Macan. Alfa Romeo's North American brand head, Reid Bigland, stated that the vehicle will be launched in Milan, Italy, at the end of June before arriving on the market early in 2016, while the SUV is scheduled for launch at the end of 2016 or during the first quarter of 2017.

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.

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January 19, 2015
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