July 30, 2014 1:38 PM ET


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 S.p.A.

Corso Glovanni Agnelli, 200

Turin, TO 10135


Founded in 1978


39 0011 00 31 11 11


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

Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., Ltd. Announce Agreement to Expand Joint Venture Partnership

Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., Ltd. (GAC Group) announced they have reached an agreement to expand the joint venture partnership. According to the agreement, the joint venture, GAC Fiat, will begin localized production of three new Jeep vehicles for the Chinese market, expanding the portfolio of Jeep sport-utility vehicles (SUV) currently available to Chinese consumers as imports. The expansion of the cooperation and the related projects have already been approved by the relevant government authorities. The joint venture will finalize its localized production plans in the near term which includes the consideration of a Jeep model uniquely designed for China. Production is expected to begin by late 2015. To reach the necessary capacity for introducing the Jeep models, GAC Fiat is establishing a manufacturing branch in Guangzhou, where the Jeep vehicles will be produced. In the coming term, the two parties will strengthen cooperation as to satisfy the demands of customers and to move the localization of Jeep models forward together with the continued development of GAC Fiat.

Fiat Group Automobiles Reports Italy Sales Results for the Month and Year-To-Date Ended November 2013

Fiat Group Automobiles reported Italy sales results for the month and year-to-date ended November 2013. For the month, the company reported sales of 27,800 vehicles, a decrease of 12.3% compared to same period last year. Fiat brand sales totaled just under 21,000 vehicles, a year-over-year decrease of 10.5%. For the year to date, sales totaled approximately 5,400 units, down 11% over the same period in 2012, with share substantially level at around 0.45%.

Fiat Group Automobiles Announces Sales Results for the Month of October 2013

Fiat Group Automobiles announced sales results for the month and year-to-date of October 2013. For the month, the company has sold more than 31,000 vehicles in Italy in October 2013, a decrease of 8.7%, compared to October 2012. Fiat brand sales totaled just under 24,000 vehicles, a year-over-year decrease of 4.7%, while market share was 21.4%, increasing 100 basis points over September 2013 and 20 basis points over October 2012. For the ten months year-to-date, sales totaled 321,000 vehicles, with volumes down 10.3% over the same period in 2012 and share down 70 basis points to 28.9%.

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