Fiat and Chrysler merged in 2009 to form a global automotive partnership. Sergio Marchionne remained CEO of both companies to lead the integration. The merger combined Fiat's capital and new technologies with Chrysler's large presence in the US market. The goal was to provide economies of scale and geographic reach to better compete with larger automakers globally.
2. a. History
b. New merger
c. Reasons
d. Leadership
e. Conclusions
3. Fiat S.p.A., an acronym for Fabbrica Italiana Automobili
Torino (English: Italian Automobile Factory of Turin),
Giovanni Agnelli founded Fiat in 1899 with several investors
and led the company until his death in 1945, while
Vittorio Valletta administered the firm's daily activities
First car the 3 遜 CV (1899)
4. Fiat is the largest vehicle manufacturer in Italy, with cars
ranging from small Fiat city cars to sports cars made by
Ferrari, and vans and trucks such as the Ducato.
Operations in:
Automotive Components
Passenger Cars
Commercial Vehicles
Metallurgical products
Production systems
Construction
Information technology
Publishing and communication
Services
5. US-based company
Founded in 1925 by Walter Chrysler
The original 1924 Chrysler included a carburetor air filter,
high compression engine, full pressure lubrication, and an
oil filter, at a time when most autos came without these
features .
Walter Chrysler Six , 1924.
Chrysler
6. HQ in Detroit
Operations in:
Cars
Minivans
Sport-utility vehicles
Trucks
In 1998 Daimler-Benz and Chrysler had formed a
50-50 partnership.
Chrysler sale to Cerberus 2007-2009.
On May 1, 2009, Chrysler LLC filed for bankruptcy
7. In 20 January 2009, the two automotive giants decided to
merge.
Fiat's on 22nd of July 2011 -53.5% stake in Chrysler, and
plans for new management, is making for a healthy
corporate marriage. There's (an element of) equality, give-
and-take, and both sides are optimistic about the future
What Fiat brings to the table: The company has the
capital, new technologies to develop high-efficiency cars,
and reverence from Ferrari and Maserati fans.
What Chrysler brings to the table: The 3rd-largest U.S.
auto company is a trusted brand with international appeal.
8. Fiat Auto plans to sell seven of its vehicles in the
US by 2014
Fiat-controlled Chrysler Group is to supply nine
models to sell under Fiat brands in the European
market
Exchange of technology
The goal: The partnership would provide each
company with economies of scale and
geographical reach at a time when both are
struggling to compete with larger and more
global rivals like Toyota, Volkswagen and the
alliance of Renault S.A. and Nissan
10. Sergio Marchionne (born June 17, 1952 in Chieti, Abruzzo)
Marchionne returned Fiat's automobile division (Fiat Group Automobiles S.p.A.) to
profitability in 2006. He has been widely credited with turning the group around to
become one of the fastest growing companies in the auto industry
When Chrysler emerged from Chapter 11 bankruptcy on June 10, 2009, Fiat
Group received a 20% stake in Chrysler Group LLC. Marchionne subsequently
replaced Robert Nardelli as CEO of Chrysler, and has since been the CEO of both
the Fiat and Chrysler Groups
11. It is a key step toward achieving
Marchionne's goal of creating a
global automotive player with
Chrysler to build 6 million cars a
year by 2014.
Sergio Marchionne remain CEO
of Chrysler in North America,
and make Detroit a central part
of its operations.
This restructuring is unlike other
mergers. Rather than replace all
the Chrysler execs, Marchionne
is keeping them on board.
12. Human Due Diligence is the most appropriate first
step to solve the problems of the Chrysler case.
Following, a combination of all suggested
alternatives would be ideal.
Effective leadership involves assessing the groups
style and stage of development and then using a
matching leadership style. If the style of the leader
and the needs of the group are mismatched, the
group will be unproductive. Leaders also need to
adapt their style to the urgency of the task to be
accomplished.
13. Inspire with a mission lead from the heart with
passion and compassion.
Be adaptable. Keep resourceful. Have the
courage to do issues in another way.
Decide your battles - know your non-
negotiables.
Unique
Passion
Perfectonist
Decisive
knowledgeable