Fiat S.p.A.

Corporate Finance:Autos & Auto Suppliers

Summary

Fiat S.p.A. is among Europe’s largest automobile producers, with brands that include Fiat, Alfa Romeo and Lancia, as well as a 100% interest in Maserati and a controlling interest in Ferrari. On June 10, 2009, Fiat entered into an alliance with Chrysler Group LLC (Chrysler). Fiat has received an initial 20% equity interest in Chrysler. This can be eventually increased to 51% through purchase options and the achievement of established targets. Fiat also has a significant presence in the agricultural and construction equipment markets (CNH Global N.V. and Case New Holland Inc.), commercial vehicle business (Iveco S.p.A.) and various other areas such as auto parts, sales financing and automation systems.