FCA Italy


FCA Italy S.p.A., also simply referred to as Fiat and formerly known as Fiat Group Automobiles S.p.A., is the Italian subsidiary of the Italian-American automaker Fiat Chrysler Automobiles, 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. Vittorio Ghidella was named CEO.
Fiat Group Automobiles S.p.A. was created on 1 February 2007 from Fiat Auto S.p.A.
Simultaneously, the four divisions of Fiat Auto 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.
On December 15, 2014 Fiat Group Automobiles S.p.A. changed name to FCA Italy S.p.A.; the name change was announced to the press the following day.
Maserati and Ferrari are not under the control of FCA Italy. Maserati is directly owned by FCA, whereas Ferrari split from FCA in 2015.

Main subsidiaries