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On January 20, 2009, Fiat S.p.A. and Chrysler LLC announced that they had a non-binding term sheet to form a global alliance. Under the terms of the potential agreement, Fiat could take a 35% stake in Chrysler and gain access to its North American dealer network in exchange for providing Chrysler with the platform to build smaller, more fuel-efficient vehicles in the U.S. and a reciprocal ...
Arab American Vehicles (1977–1987) Beijing Jeep (1984–1987) American Motors Corporation ( AMC; commonly referred to as American Motors) was an American automobile manufacturing company formed by the merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S ...
DaimlerChrysler (1998–2007) Chrysler (2007–2014) Fiat Chrysler Automobiles (2014–2021) Stellantis (2021–present) The Belvidere Assembly Plant (BVAP) is an idled automobile production facility owned and operated by Stellantis North America. The factory opened in 1965 in Belvidere, Illinois, United States, and last assembled the Jeep ...
Jan. 1—Chrysler Dodge Jeep Ram of Española closed last week after employees were given notice a few days before Christmas. Garcia Auto Group in Albuquerque has owned the dealership for four years.
General Motors and Chrysler Group dealers whose outlets were slated for closure will soon learn whether their appeals to stay in business or reopen have been successful. Arbitration hearings ...
The Obama administration's auto industry task force failed to fully consider how many jobs would be lost at car dealerships when it rushed General Motors and Chrysler into bankruptcy last year, a ...
The Automobile Dealer Economic Rights Restoration Act ( ADERRA ), House Bill HR2743 [1] and Senate Bill S1304, [2] were introduced in the 111th United States Congress to restore the economic rights of car dealers . Congressman Frank Kratovil (D-MD) [3] and Congressman Dan Maffei (D-NY) [4] introduced H.R.2743 with Majority Leader Steny Hoyer (D ...
Stellantis N.V. is a multinational automotive manufacturing corporation formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [ 10][ 11][ 12] The company headquarters is in Hoofddorp, Netherlands. As of 2023, Stellantis was the world's fourth-largest automaker by sales ...