On , the two entities officially merged to form Fiat Chrysler Automobiles (FCA) , headquartered in London for tax purposes and listed on the New York Stock Exchange. This merger saved Jeep from potential disappearance and turned it into the global powerhouse it is today, eventually leading to the 2021 merger with the PSA Group to form Stellantis .
Fiat reached a deal to buy the remaining 41.5% stake held by a VEBA trust (a retiree healthcare fund) for approximately $4.35 billion. The Birth of FCA when did fiat buy jeep
Under the leadership of the late Sergio Marchionne, Fiat steadily increased its control over the following years: On , the two entities officially merged to
Fiat became the majority shareholder after repaying Chrysler’s loans to the U.S. and Canadian governments. when did fiat buy jeep