Key events in 2011

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Key events in 2011

  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • September
  • October
  • December
Chrysler

January 2011

Chrysler2011 Chrysler 300 and Jeep Compass unveiled at the North American International Auto Show in Detroit.

Fiat SPA

January 2011

On January 10th, Fiat increases ownership in Chrysler Group LLC from 20% to 25% following achievement of first of 3 Performance Events stipulated in alliance agreement (regulatory approval and commitment to produce a FIRE family engine in the U.S.).

Alfa Romeo

January 2011

Giulietta awarded “La novità dell’anno 2011” by Quattroruote magazine in Italy and “Die Besten Autos” (compact category) by Auto Motor und Sport in Germany. Readers of the German magazine also vote the MiTo best economy car for 3rd consecutive year.

Chrysler

February 2011

Super BowlTV commercial showcasing the new Chrysler 200 sedan and “Imported from Detroit” tagline is launched during Super Bowl XLV. The commercial receives global media attention and is honored with 5 awards at the Cannes Lions 58th International Festival of Creativity in June.


International debut of the 2011 Chrysler 200 Convertible at the Chicago Auto Show.

Fiat Powerrain

February 2011

Fiat Powertrain agrees to acquire Penske Corporation’s 50% interest in VM Motori S.p.A., specialist in diesel engine design and production. Agreement is finalized on June 19th and Fiat Powertrain takes joint control with General Motors.

Fiat SPA

February 2011

Fiat presents €500 million investment plan for relaunch of Officine Automobilistiche Grugliasco plant (formerly Carrozzeria Bertone) with production of new E-segment Maserati due to commence December 2012.

Fiat

March 2011

Fiat FreemontFiat Freemont, the first Fiat brand model based on a Chrysler platform resulting from the alliance with Chrysler Group, debuts at Geneva Motor Show.


For the 4th consecutive year, JATO (global leader in automotive intelligence) recognizes Fiat as brand with lowest CO2 emissions for cars sold in Europe in 2010, with average of 123.1 g/km (-4.7 g/km over 2009). Fiat also first in Group ranking, with average emissions down 5.1 g/km to 125.9 g/km.

Maserati

March 2011

Gran CabrioMaserati unveils the GranCabrio Sport at the Geneva Motor Show equipped with more powerful and fuel-efficient version of the 4.7-liter V8 engine configured to deliver 510 Nm torque and 450 hp.

Ferrari

March 2011

FerrariAt Geneva Motor Show, Ferrari gives world premiere of the FF, a revolutionary mid-front mounted V12 with 4 seats and patented allwheel drive technology (4RM), and the 458 Italia, equipped with High Emotions Low Emissions system (HELE).

Alfa Romeo

March 2011

Alfa Romeo showcases the Giulietta and MiTo at the Geneva Motor Show with innovations in styling and technological content. Also presented is the 4C Concept, a compact 2-seat “supercar”.

Lancia

March 2011

One year from launch of its product integration with Chrysler brand, Lancia introduces the new Ypsilon, Thema and Voyager at the Geneva Motor Show. Also unveiled are the Flavia Concept and Flavia Cabrio Concept and the Delta with new trim and engine options.

JEEP

March 2011

European debut of the new Jeep Compass (compact SUV) at the Geneva Motor Show and world debut of the new Grand Cherokee with 3.0 MultiJet II turbodiesel.

Fiat SPA

March 2011

European Investment Bank and Fiat sign agreement for €250 million in financing for Fiat R&D projects in Italy.

Maserati

April 2011

Gran TurismoAt the Shanghai Motor Show, Maserati gives Asian premiere of the GranTurismo MC Stradale, the new coupé based on the MC Trofeo racing model.

Chrysler

April 2011

Grand CherokeeChrysler Group presents 2012 Jeep Grand Cherokee SRT8® and Chrysler 300 SRT8® at the New York Auto Show.

Fiat SPA

April 2011

On April 1st, €1 billion bond (6.375%, due 2016) is issued by Fiat Finance and Trade Ltd. S.A. (a wholly-owned subsidiary of Fiat S.p.A.) under the Global Medium Term Note program guaranteed by Fiat S.p.A.


On April 12th, Fiat announces achievement of 2nd Performance Event by Chrysler ($1.5 billion in cumulative revenues from sales outside NAFTA and formalization of certain cooperation agreements). As a result, Fiat’s ownership interest in Chrysler increases from 25% to 30%.

Lancia

April 2011

The restyled Delta with new trim and engine options goes on sale in Italy.

Alfa Romeo

April 2011

Alfa Romeo recognized at NC AWARDS (Italy) for best advertising campaign of the year for the Giulietta.

Fiat

April 2011

In Germany, Fiat 500 ranks top in customer satisfaction in the J. D. Power and Associates “Vehicle Owner Satisfaction Study”.

Fiat Professional

May 2011

DucatoLaunch of the new Fiat Ducato, the 5th generation of the best-selling van that has won numerous international awards and sold more than 2.2 million units since 1981. More than 2,000 combinations of chassis, engine and mechanics are offered, together with an expanded range of Euro 5 diesel and CNG engines.

Fiat Powerrain

May 2011

TwinAirTwo-cylinder TwinAir named “International Engine of the Year” for 2011 by international panel of journalists. It is also judged best in the under 1 liter category and named “Green Engine of the Year” and “Best New Engine of the Year”.

Fiat

May 2011

Fiat Group Automobiles and PSA Peugeot Citroën announce plans to extend JV in Italy for production of LCVs (SevelSud) to 2019. Due to changes in future product strategies, the partners agree not to renew SevelNord JV in France beyond 2017.


Fiat launches new 500 TwinAir (standard and cabriolet versions) in Europe. The “TwinAir” badge now designates entire range of products with innovative two-cylinder turbo engine, combined with unique styling and content.

Fiat SPA

May 2011

Concurrent with Chrysler’s debt refinancing and repayment in full of all loans from the U.S. and Canadian governments, Fiat pays $1,268 million to Chrysler for exercise of Incremental Equity Call Option, increasing its interest in Chrysler from 30% to 46% (fully diluted).

Alfa Romeo

May 2011

Alfa Romeo 4C Concept car voted “Most Attractive Concept Car of the Year” by readers of Auto Bild.

Chrysler

May 2011

Chrysler brand nominated “Top Popular Brand” at 15th edition of the AutoPacific “Vehicle Satisfaction Awards”, based on an annual survey of 68,000 new vehicle owners. In addition, the 2011 Chrysler Town & Country (minivan) and 2011 Jeep Grand Cherokee (premium mid-size SUV) take first in their categories.

Fiat Powerrain

June 2011

Agreement signed between Fiat Powertrain and Suzuki Motor Corporation for supply of 120 hp 1.6 MultiJet II diesel for the new Suzuki SX4, replacing the 135 hp 2.0 Fiat Powertrain engine used on the current SX4 platform.

Lancia

June 2011

Following presentation in Geneva, the Lancia Ypsilon is launched across Europe.

Fiat

June 2011

Launch of the Fiat Freemont.

Chrysler

June 2011

Chrysler elevates its Street and Racing Technology (SRT®) team to a distinct performance brand. SRT designs, engineers and builds benchmark American high-performance models for Chrysler, Jeep and Dodge.


The 2011 Chrysler Town & Country and Dodge Challenger rank highest in the minivan and mid-size sport car segments, respectively, in the J.D. Power and Associates 2011 U.S. Initial Quality StudySM.

Fiat SPA

July 2011

Issue of €900 million bond (6.125%, due 2014) and €600 million bond (7.375%, due 2018) by Fiat Finance and Trade Ltd. S.A. (a wholly-owned subsidiary of Fiat S.p.A.) under the Global Medium Term Note program guaranteed by Fiat S.p.A.


On July 21st, following receipt of regulatory approvals, Fiat purchases U.S. Treasury’s 6% fully-diluted ownership interest in Chrysler for $500 million. On the same date, the UST assigns Fiat its rights under the Equity Recapture Agreement for consideration of $75 million. Fiat also purchases the Canadian government’s 1.5% fully-diluted ownership interest in Chrysler for $125 million.

Fiat

July 2011

An historic milestone for the Fiat Panda as the 2 millionth vehicle rolls off the production line in Tychy, Poland. Fiat 500 receives the “ADI Compasso d’Oro”.

Fiat

September 2011

PandaFiat launches 3rd generation Panda at the Frankfurt Motor Show. The new model is offered with 4 engines (85 hp 0.9 TwinAir turbo, 65 hp 0.9 TwinAir, 69 hp 1.2 Fire and 75 hp 1.3 MultiJet II), 3 trim packages and other options providing more than 600 different combinations. Also unveiled in Frankfurt is the new All-Wheel Drive Freemont offered with two engines (170 hp 2.0 MultiJet II diesel and 280 hp 3.6 V6 gasoline) and automatic transmission.

Lancia

September 2011

VoyagerLancia showcases the Thema and Voyager at the Frankfurt Motor Show (the first 2 models resulting from its partnership with Chrysler). The Thema is offered with 3 trim packages and 3 engines (286 hp 3.6 V6 gasoline with 8-speed automatic transmission and a 190 hp & 239 hp 3.0 V6 diesel). The new Voyager comes with a 283 hp 3.6 V6 gasoline with 6-speed automatic transmission and a 163 hp 2.8 diesel.

Ferrari

September 2011

Ferrari 458 SpiderFerrari premieres the 458 Spider at the Frankfurt Motor Show, the marque’s first ever mid-rear engined 8-cylinder with an innovative folding aluminum hard-top.

Fiat SPA

September 2011

Dow Jones SustainabilityFiat S.p.A. is included in the DJSI World and DJSI Europe indexes for the 3rd consecutive year, receiving a score of 94/100, the highest in its sector (together with BMW), compared to an average of 72/100 for all Automobiles companies.


 

Carbon<br />
                            Performance Leadership IndexFiat S.p.A. enters the Global 500 Carbon Disclosure Leadership Index (CDLI) and Carbon Performance Leadership Index (CPLI) in report by the Carbon Disclosure Project (CDP) that analyzes more than 400 companies worldwide. Fiat receives score of 93/100 for transparency in disclosure and maximum score (“A”) for commitment to reducing carbon emissions.


On September 30th, Fiat announces decision to withdraw from Confindustria (the confederation of Italian businesses) with effect from 1 January 2012.


Nursery school inaugurated in the Bazzano area of L’Aquila. Rebuilding of the school following the April 2009 earthquake was made possible by donations from Fiat S.p.A. and the Italian dealer networks of Fiat, Alfa, Lancia, Abarth, Fiat Professional and Maserati.

JEEP

September 2011

Three European premieres at the Frankfurt Motor Show: the new high-performance Grand Cherokee SRT8 with 470 hp 6.4 HEMI® engine; the 284 hp 3.6 Pentastar V6 gasoline engine to power the 2012 Jeep Wrangler and Jeep Wrangler Unlimited; and the special edition all-terrain Jeep Wrangler Arctic.

Maserati

September 2011

At the Frankfurt Motor Show, Maserati unveils the Kubang – an SUV concept that paves the way for the brand’s entry into the luxury SUV segment.

Fiat SPA

October 2011

Fiat confirms intention to install one of its three main architectures at Mirafiori for production of various nameplates for Group brands. Installation of the production infrastructure is scheduled to begin in 2012 and production of the first nameplate, a Jeep SUV, is expected to commence in 2013. Production of the Alfa Romeo MiTo at Mirafiori is also confirmed.


Fiat announces development of a new gasoline direct injection turbo engine for Alfa Romeo to be produced at the FMA plant in Pratola Serra, Italy beginning early 2013. The new engine will be a 1.8 4-cylinder with maximum output of 300 hp designed to meet future emissions standards in Europe (Euro 6) and the U.S. (Tier 2 Bin 5).


On October 13th, Fiat S.p.A. closes a 3-year syndicated facility launched July 27th. Due to strong demand from banks, the facility is increased from €1.75 billion to €1.95 billion. The facility replaces a 3-year €1 billion revolving credit facility signed February 2009.


On October 27th, the Board of Directors of Fiat S.p.A. passes a resolution to propose to Shareholders the conversion of the Company’s preference and savings shares into Fiat ordinary shares for the purpose of simplifying the Company’s capital and governance structure.

Chrysler

October 2011

On October 26th, the UAW ratifies a new national four-year labor agreement with Chrysler Group.

Fiat SPA

December 2011

AspiFiat S.p.A. joins the Advanced Sustainability Performance Eurozone Index (“ASPI Eurozone®”) of 120 companies selected on the basis of research conducted by VIGEO. The ASPI Eurozone® is recognized by investors as one of the leading sustainability indexes.


 

ContrattoOn December 13th, Fiat announced the signing of a new collective agreement with the majority of trade unions, which is applicable to all Fiat employees in Italy with effect from 1 January 2012.


Fiat and Chrysler Group announce the opening of Mopar parts distribution centers in Shanghai and Dubai in support of the Group’s growing presence in international markets.

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