GAC Fiat Chrysler Automobiles Co., Ltd.
GAC Fiat Chrysler
Native name
广汽菲亚特克莱斯勒汽车有限公司
FormerlyGAC Fiat Automobiles Co., Ltd.
TypeJoint venture
IndustryAutomotive
Founded2010 (2010) (Changsha)[1]
Headquarters,
China
Area served
China
Key people
Zheng Xiancong (president)[2]
Jack Cheng (managing director)[3]
ProductsAutomobiles
OwnersGAC Group (50%)
Stellantis (50%)[1]
Websitewww.gacfca.com
GAC Fiat Chrysler
Simplified Chinese广汽菲亚特克莱斯勒
Traditional Chinese廣汽菲亞特克萊斯勒
GAC FCA
Simplified Chinese广汽菲克
Traditional Chinese廣汽菲克

GAC Fiat Chrysler Automobiles Co., Ltd. is an automobile manufacturing company headquartered in Changsha, China and a 50:50 joint-venture between GAC Group and Stellantis. The company was founded on 9 March 2010.[1] Fiat agreed to invest an initial US$559 million in the venture.[4]

History

Fiat and GAC signed a joint venture agreement in Rome on 6 July 2009, in the presence of Chinese President Hu Jintao and Italian Prime Minister Silvio Berlusconi.[4] Construction of GAC Fiat facilities in Changsha began on 26 November 2009, with a groundbreaking ceremony attended by the Italian ambassador to China, the provincial leaders of Hunan and Guangdong, and city leaders of Changsha and Guangzhou.[5] GAC Fiat Automobiles Co., Ltd. was incorporated on 9 March 2010.[1]

The Changsha assembly plant was officially opened on 28 June 2012, in a ceremony attended by Fiat chief executive Sergio Marchionne and representatives of Hunan and Guandong provinces.[6]

In January 2013, it was announced that GAC Fiat would be also expanded to include Chrysler, and that, GAC Fiat would construct a new assembly plant in Guangzhou for the production of Jeep products.[7][8]

In January 2015, GAC Fiat was renamed as GAC Fiat Chrysler.[9]

Operations

GAC Fiat has facilities in Changsha, with an annual production capacity of 140,000 cars and 220,000 engines, covering around 700,000 m2.[5] Vehicle production began in June 2012, with the Fiat Viaggio five-door sedan.[1][10][11] Later, the company started to manufacture the Ottimo, (hatchback version of the Viaggio).[12] In October 2013, GAC Fiat announced the construction of a second manufacturing plant in Guangzhou[13] In November 2014, Fiat Chrysler and GAC expanded their partnership to produce Jeep vehicles.[12] The Guangzhou plant began assembling the Jeep Cherokee in October 2015 and the Jeep Renegade in April 2016.[14] In 2018, the Changan plant began manufacturing Jeeps, starting with the Commander.[15]

Current production

Former production

Sales figures

Year Vehicle sales
2012 11.288[17]
2013 48.375[17]
2014 68.090[17]
2015 39.486[17][18]
2016 145.708[17][18]
2017 205.028[17][18]
2018 124.514[17][18]
2019 72,956[19]
2020 40,659[20]
Total 756,104

References

  1. ^ a b c d e "Company Profile". GAC Fiat Automobiles Co., Ltd. Archived from the original on 22 March 2012. Retrieved 13 April 2012.
  2. ^ "GAC-Fiat: No plan to launch Chrysler brand any time soon". China Automotive Review. 10 August 2011. Retrieved 13 April 2012.
  3. ^ "New venture formed for Fiat's second act". China Daily. 27 September 2010. Retrieved 13 April 2012.
  4. ^ a b "Fiat Focuses on China". Bloomberg Businessweek. 7 July 2009. Retrieved 13 April 2012.
  5. ^ a b "GAC-Fiat ceremony heralds joint venture". China Daily. 30 November 2009. Retrieved 13 April 2012.
  6. ^ "Fiat opens new Chinese plant to produce Viaggio". Straits Times. 28 June 2012. Retrieved 2 July 2012.
  7. ^ "Fiat-Chrysler, Guangzhou ink Jeep deal". The Detroit News. 16 January 2013. Archived from the original on 15 February 2013. Retrieved 27 January 2013.
  8. ^ "Fiat, Chrysler to produce Jeep in China: paper". Reuters. 14 January 2013. Retrieved 27 January 2013.
  9. ^ "To create a brighter future with soaring aspirations, GAC Group participated in the 16th Shanghai International Automobile Industry Exhibition" (Press release). GAC. Retrieved 22 January 2019 – via automotiveworld.com.
  10. ^ "Fiat unveils new Viaggio model to be made and sold in China". Reuters. 13 April 2012. Retrieved 13 April 2012.
  11. ^ "GAC Fiat Chrysler". Chinaautoweb.com. Retrieved 3 July 2015.
  12. ^ a b "Fiat Chrysler deepens China partnership to help Jeep". Automotive News Europe. Crain Communications. 29 November 2014. Retrieved 4 July 2015.
  13. ^ "Fiat's China JV to build second plant to produce SUVs, EVs, report says". Automotive News Europe. Crain Communications. 29 October 2013. Retrieved 4 July 2015.
  14. ^ "First Chinese-Built Jeep Renegade Rolls Off Production Line in Guangzhou". The Wheels Network. 20 April 2016. Retrieved 22 January 2019.
  15. ^ "FCA, GAC launch Jeep Commander output in Changsha". Automotive News China. 10 April 2018. Retrieved 22 January 2019.
  16. ^ a b "Fiat: stop alla produzione di Viaggio e Ottimo in Cina". Investireoggi.it. March 27, 2017. Retrieved 2017-04-27.
  17. ^ a b c d e f g "Fiat China auto sales figures".
  18. ^ a b c d "Jeep China auto sales figures".
  19. ^ Car Sales Base (Sales China Jeep 2019)
  20. ^ Car Sales Base (Sales China Jeep 2020)