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What Year Did Fiat Buy Chrysler



On 31 October 2019, FCA announced its intention to merge with the PSA Group (owner of the Peugeot and Citroën brands among others) on a 50-50 all-stock basis.[10] On 18 December 2019, FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger.[11][12] In July 2020, the company announced its new name, Stellantis.[13] On 16 January 2021, after FCA and PSA both approved the merger on 4 January of the same year, the merger was complete with FCA resulting as the surviving entity and changed its name to Stellantis.




what year did fiat buy chrysler



In 2014, Alfa Romeo launched the 4C and 4C Spider in North America. In 2015, the company announced the Giulia and in 2016 it added an SUV, Stelvio. It dropped the 4C from the lineup in 2019. FCA announced a mid-cycle refresh for both the Giulia and Stelvio for production year 2021.[27]


The first announcement was that the SRT brand was to rejoin Dodge. In 2015, a refreshed Charger and Challenger (with equivalent SRT versions) launched. The company also introduced SRT Hellcat versions of the Charger and Challenger.[28][29] FCA also announced that 2014 would be the last model year for the Dodge Avenger. In 2018 with a refreshed Dodge Durango launched along with (an SRT version). In 2018 it launched a Challenger (and SRT version) and Charger (and SRT version) models.


In 2014, FCA launched the Jeep Renegade. After a long absence Jeep returned to Malaysia, where DRB-Hicom distributes the brand's vehicles.[30] In 2015, FCA refreshed the Jeep Grand Cherokee with celebrities Fan Bingbing, Tina Fey, Sandra Bullock, Julia Roberts, and Cate Blanchett promoted as brand ambassadors. Jeep marked its 75th anniversary in 2016. The Jeep Compass and Jeep Patriot appeared in their last model year while a refreshed Jeep Cherokee was released. In 2017, FCA refreshed the Jeep Renegade followed by the updated Jeep Wrangler and Grand Cherokee in 2018. In 2021, FCA launched a luxury Grand Wagoneer to compete with the likes of Mercedes-Benz G-Class and Range Rover, Cadillac Escalade, and Lincoln Navigator.[31] Jeep also launched the Wagoneer to compete with the likes of the Ford Expedition, Chevrolet Suburban, and GMC Yukon.


Over the next few years, Fiat S.p.A. gradually acquired the other parties shares. In January 2014, Fiat acquired the rest of Chrysler from the United Auto Workers retiree health trust, making Chrysler Group a subsidiary of Fiat S.p.A.[7] In May 2014, Fiat Chrysler Automobiles was established by merging Fiat S.p.A. into the company. Chrysler Group LLC remained a subsidiary until December 15, 2014, when it was renamed FCA US LLC, to reflect the Fiat-Chrysler merger.[8]


In January 1924, Walter Chrysler launched the well-received Chrysler automobile. The Chrysler Six was designed to provide customers with an advanced, well-engineered car, at an affordable price. Elements of this car are traceable to a prototype which had been under development at Willys during Chrysler's tenure[18] The original 1924 Chrysler included a carburetor air filter, high compression engine, full pressure lubrication, and an oil filter, features absent from most autos at the time.[19] Among the innovations in its early years were the first practical mass-produced four-wheel hydraulic brakes, a system nearly completely engineered by Chrysler with patents assigned to Lockheed, and rubber engine mounts, called "Floating Power" to reduce vibration. Chrysler also developed a wheel with a ridged rim, designed to keep a deflated tire from flying off the wheel. This wheel was eventually adopted by the auto industry worldwide.


The Maxwell brand was dropped after the 1925 model year, with the new, lower-priced four-cylinder Chryslers introduced for the 1926 year being badge-engineered Maxwells.[18] The advanced engineering and testing that went into Chrysler Corporation cars helped to push the company to the second-place position in U.S. sales by 1936, which it held until 1949.


The Valiant was also introduced for the 1960 model year as a distinct brand. In the U.S. market, Valiant was made a model in the Plymouth line for 1961 and the DeSoto make was discontinued in 1961. With those exceptions per applicable year and market, Chrysler's range from lowest to highest price from the 1940s through the 1970s was Valiant, Plymouth, Dodge, DeSoto, Chrysler, and Imperial.[citation needed]


As a result of ending domestic production of more fuel-efficient passenger automobiles such as the Dodge Dart and Chrysler 200 sedans, FCA US elected to pay $77 million in fines for violating the anti-backsliding provision of fuel economy standards set under the Energy Independence and Security Act of 2007 for its model year 2016 fleet.[67][68] It was again fined for the 2017 model year for not meeting the minimum domestic passenger car standard. FCA described the $79 million civil penalty as "not expected to have a material impact on its business."[69]


In 2007, Chrysler began to offer vehicle lifetime powertrain warranty for the first registered owner or retail lessee.[74] The deal covered owner or lessee in U.S., Puerto Rico, and the Virgin Islands, for 2009 model year vehicles, and 2006, 2007, and 2008 model year vehicles purchased on or after July 26, 2007. Covered vehicles excluded SRT models, Diesel vehicles, Sprinter models, Ram Chassis Cab, Hybrid System components (including transmission), and certain fleet vehicles. The warranty is non-transferable.[75] After Chrysler's restructuring, the warranty program was replaced by five-year/100,000 mile transferable warranty for 2010 or later vehicles.[76]


In 2008, as a response to customer feedback citing the prospect of rising gas prices as a top concern, Chrysler launched the "Let's Refuel America" incentive campaign, which guaranteed new-car buyers a gasoline price of $2.99 for three years.[77] With the U.S. purchase of eligible Chrysler, Jeep, and Dodge vehicles, customers could enroll in the program and receive a gas card that immediately lowers their gas price to $2.99 a gallon, and keeps it there for the three years.


In 2011, Chrysler unveiled their "Imported From Detroit" campaign with ads featuring Detroit rapper Eminem, one of which aired during the Super Bowl. The campaign highlighted the rejuvenation of the entire product lineup, which included the new, redesigned, and repackaged 2011 model year 200 sedans and 200 convertibles, the Chrysler 300 sedan, and the Chrysler Town & Country minivan.[96][97] As part of the campaign, Chrysler sold a line of clothing items featuring the Monument to Joe Louis, with proceeds being funneled to Detroit-area charities, including the Boys and Girls Clubs of Southeast Michigan, Habitat for Humanity Detroit and the Marshall Mathers Foundation.[98]


In 1930, Chrysler began wiring the Chrysler Model 70 and 77 for radios. Chrysler also became the first car to offer the downdraft carburetor on its models. With the new carburetor, Chrysler also received a new cam-driven fuel pump. For the 1931 model, Chrysler received new radiator grilles, a new inline 8 engine, and automatic spark control. The 1932 Chryslers introduced the Floating Power rubber engine mounts which eliminated further vibrations from the chassis. A vacuum-controlled automatic clutch, Oilite bearings and the first universal joints with roller bearings were also added. In 1933 Chrysler models received a host of new improvements including a new three-speed manual transmission that used helical gears- for silent use. Chrysler engines received new alloy valve seats for better reliability, along with new spring shackles which improved lubrication. In 1934 the Chrysler 6 introduced an independent front coil spring suspension and received vent windows that rolled down with the side glass. Chrysler also introduced its revolutionary Chrysler Airflow, which included a welded Unibody, a wind-tunnel-designed aerodynamic body for a better power to power ratio, and better handling. In 1935 Chrysler introduced the Plymouth-based Chrysler Airstream Six which gave customers an economical modern alternative to the radically styled Airflows. The Airflow received an updated front hood and grille for 1935. For 1936, the Chrysler Airflow received an enlarged luggage compartment, a new roof, and a new adjustable front seat. The Airstream Six and Eight of the previous year were renamed the Chrysler Six and Deluxe Eight. The Automatic overdrive was optional to both cars. For 1937 the Airflow cars were mostly discontinued besides the C-17 Airflow, which received a final facelift. Only 4600 C-17 Airflows were built for 1937. The Chrysler Six and Chrysler Eight were respectively renamed the Royal and Imperial and gained isolated rubber body mounts to remove road vibrations. In 1938 the Chrysler Royal received the new 95 HP Gold Seal Inline 6. In 1939 Chrysler unveiled Superfinish a process in which all major chassis components subject to wear were finished to a mirror-like surface. Other features new to Chrysler were push-button door locks and rotary-type door latches.[citation needed]


For 1940 Chrysler introduced sealed beam headlights on its cars which in turn improved night visibility by 50%. Mid-year in 1940 Chrysler introduced the Highlander as a special edition featuring popular features and Scottish plaid interior. The luxury sport model, called the Saratoga was also added to the New Yorker range as the Imperial became the exclusive limousine model. In 1941 Chrysler introduces the Fluid Drive semi-automatic transmission. 1942 Chryslers were redesigned with a wrap-a-round chrome grille and concealed running boards for this abbreviated model year, civilian production stopped by February 1942. For 1946 Chrysler redesigned the 1942 cars and reintroduced the Town & Country. In 1949, Chrysler came out with the first all-new redesign in almost a decade. In 1949 Chrysler moved the ignition to key only instead of having a key and push-button, they also reintroduced the nine-passenger station wagon body style to the line.[123] 041b061a72


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