GAC Fiat Chrysler

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 Fiat Chrysler Automobiles. The company was founded on 9 March 2010.[1] Fiat agreed to invest an initial US$559 million in the venture.[4]

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
Changsha
,
China
Area served
China
Key people
Zheng Xiancong (president)[2]
Jack Cheng (managing director)[3]
ProductsAutomobiles
OwnerGAC Group (50%)
Fiat Chrysler Automobiles (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

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]

References
  1. "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. "Fiat Focuses on China". Bloomberg Businessweek. 7 July 2009. Retrieved 13 April 2012.
  5. "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. "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. "Fiat: stop alla produzione di Viaggio e Ottimo in Cina". Investireoggi.it. March 27, 2017. Retrieved 2017-04-27.
  17. "Fiat China auto sales figures".
  18. "Jeep China auto sales figures".
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