Fiat, Chrysler reveal name for merged company

AUTOMOTIVE NEWS

Published: January 29, 2014 12:14 pm ET
Updated: January 29, 2014 12:19 pm ET

Image By: Chrysler Group LLC Fiat SpA and Chrysler Group LLC announced the new name and logo for a merged company, Fiat Chrysler Automobiles NV.

Related to this story

Topics Mergers & Acquisitions Automotive
Companies & Associations Fiat SpA

DETROIT – Chrysler Group LLC and Fiat Auto SpA have picked a new name and logo for a combined company: Fiat Chrysler Automobiles NV.

FCA will be based in The Netherlands once the merger is complete, have a fiscal office in England for tax purposes, be traded primarily on the New York Stock Exchange with a secondary listing on the stock exchange in Milan, Italy, according to Automotive News, a sister publication of Plastics News.

The merger was announced Jan. 1 and the companies expect to complete the process by the end of this year.

The companies announced the name and unveiled the logo on Jan. 29, the same day Auburn Hills, Mich.-based Chrysler reported an increase in earnings for the fourth quarter as the launch of the 2014 Jeep Cherokee and higher U.S. sales helped the automaker to its third straight annual profit.

Chrysler's net income of $1.6 billion for 2013 was aided by a onetime tax gain of $962 million, the company said in a statement. A year earlier, Chrysler netted $378 million.

More information on the financial report is available at autonews.com.


Comments

Fiat, Chrysler reveal name for merged company

AUTOMOTIVE NEWS

Published: January 29, 2014 12:14 pm ET
Updated: January 29, 2014 12:19 pm ET

Post Your Comments


Back to story


More stories

Image

Uponor sells plastic pipe machinery business to focus on core units

March 30, 2015 2:13 pm ET

Uponor Corp., the Finland-based maker of plastic pipe systems for plumbing, underfloor heating and cooling and infrastructure, announced March 30...    More

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a...    More

Image

Core Molding buys CPI Binani assets, adds markets, D-LFT capabilities

March 20, 2015 1:20 pm ET

Core Molding Technologies Inc. is expanding its thermoplastics capabilities with the acquisition of substantially all the assets of CPI Binani Inc.,...    More

Image

Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of ab...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events