Stellantis is a multinational automotive manufacturing corporation that was formed in 2021.
If you’re wondering who owns Stellantis, it was created on the basis of a 50-50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group.
The merger between FCA and PSA Group has created the world’s fourth-largest automaker, with a market capitalization of around $50 billion.
The merger between FCA and PSA Group has created a new corporate entity with a diverse range of automotive brands.
Stellantis owns a portfolio of 14 brands, including Alfa Romeo, Chrysler, Citroen, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, and Abarth.
Each of these brands has its own unique identity, and they operate in different markets around the world.
Stellantis is headquartered in Amsterdam, and its CEO is Carlos Tavares, who previously served as the CEO of PSA Group.
Tavares has a reputation for being a dynamic leader who is focused on improving operational efficiency and profitability.
Under his leadership, Stellantis aims to be a leader in the automotive industry by focusing on innovation, sustainability, and customer satisfaction.
The Merger of FCA and PSA
In 2021, the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group merged to create Stellantis, a multinational automotive manufacturing corporation.
The merger was completed on January 16, 2021, and became effective on the same day.
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Who Owns the Stellantis Car Company?
After the merger, both FCA and PSA Group ceased to exist, and Stellantis became the new parent company.
Stellantis is a publicly traded company, and its shares are listed on the Euronext Paris, Borsa Italiana, and New York Stock Exchange.
Stellantis is jointly owned by the former shareholders of FCA and PSA Group, with each group owning approximately 50% of the company.
The ownership structure is reflected in the company’s board of directors, which is composed of 11 members, five nominated by FCA, five by PSA Group, and one by the French government.
The merger between FCA and PSA Group was a 50-50 cross-border merger, and both companies brought their respective brands and assets to the new company.
Stellantis now owns 14 vehicle brands across the globe, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.
The merger between FCA and PSA Group was a strategic move to create a stronger, more competitive player in the global automotive industry.
The new company has a combined revenue of more than €165 billion and is the fourth-largest automaker in the world by volume.
Who Owns the Stellantis Car Company
As I researched, Stellantis is a multinational automotive company formed in 2021 by the merger of Fiat Chrysler Automobiles (FCA) and Peugeot S.A. (PSA).
It is now the fourth-largest automaker in the world by volume. Stellantis has a diverse portfolio of brands, including Alfa Romeo, Chrysler, Dodge, DS, Fiat, Jeep, Peugeot, Ram, Maserati, Opel, and Vauxhall.
Exnor N.V.: 14.40%
Exnor N.V. is an investment company controlled by the Agnelli family, who are also the main shareholders of Fiat Chrysler Automobiles. Exnor N.V. owns 14.40% of Stellantis.
The Peugeot Family: 7.19%
The Peugeot family, which founded Peugeot S.A., owns 7.19% of Stellantis.
Bpifrance: 6.18%
Bpifrance is a French state-owned investment bank that supports French companies. It owns 6.18% of Stellantis.
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Dongfeng Motor Corporation: 4.5%
Dongfeng Motor Corporation is a Chinese state-owned automobile manufacturer. It owns 4.5% of Stellantis.
BlackRock: 2.52%
BlackRock is an American global investment management corporation. It owns 2.52% of Stellantis.
Quick Facts About Stellantis
- Stellantis is headquartered in Amsterdam, Netherlands.
- Carlos Tavares, former CEO of PSA, is the CEO of Stellantis.
- Stellantis has assembly plants in Africa, Latin America, Europe, and the United States.
- The company is committed to electrification and plans to have 39 electric models by 2025.
- Stellantis aims to save $6 billion annually by 2024 through the merger.
- Stellantis was listed on the New York Stock Exchange in January 2021.
- Bpifrance and Dongfeng also have seats on Stellantis’ board of directors.
- Stellantis has partnerships with Toyota and the Volkswagen Group for certain projects.
- The company has a joint venture with Hyundai Motor Group for hydrogen fuel cell technology.
- Stellantis has committed to installing 200,000 charging stations in Europe by 2025.
- The company reported revenue of €75.3 billion in 2020.
Overall, Stellantis is a major player in the auto industry, with a diverse portfolio of brands and a commitment to innovation and sustainability.
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Machinery, engines, and farming have always been a passion of his since he was a young boy. Growing up on a small farm in rural America, he learned the value of hard work and dedication from an early age.
After completing his degree in Engineering, he decided to follow his dream and became a farmer in 2009.
Since then, he has gained a wealth of knowledge and experience in the field. He has grown a variety of crops, tended to farm animals, and worked with all sorts of farming machinery. Continue reading…
