The Current Owners of Dodge After Fiat's Acquisition: A Comprehensive Guide
Recently, Dodge has undergone a series of acquisitions and mergers, leading to its current ownership by the giant automaker Stellantis. This article will provide a detailed overview of the events that led to the current ownership of Dodge and highlight the structure of the automotive industry after the merger.
Fiat's Acquisition of Dodge from Daimler-Benz
The journey of Dodge began in 1920 when the Canadian automobile manufacturer W.C. Durant formed the Dodge Brothers Company. However, the story gets more complex with the merger and acquisitions that followed. In 1998, Chrysler Corporation acquired Dodge from Daimler-Benz, making it a part of the Chrysler brand. Daimler-Benz, as the name suggests, had previously acquired the atelier of Gottlieb Daimler,Continue reading to discover how Dodge ended up in the hands of Stellantis.
The Formation of FCA and Its Merger with PSA
Shortly after acquiring Dodge, Chrysler Corporation merged with another American auto manufacturer, Fiat-Chrysler Automobiles (FCA), in 2014. This merger created a powerful competitor, the Fiat Chrysler Automobiles (FCA), which now owns numerous brands including Jeep, Ram, and Mopar, in addition to Dodge. However, the tale of FCA didn't end there. In early 2021, FCA merged with the French automaker, Peugeot-Satyre Automobiles (PSA) (renamed as PSA Group) creating a new entity: Stellantis.
The Birth of Stellantis
The merger of FCA and PSA Group created the new company Stellantis, which has since become one of the largest automakers in the world. This new entity combines the strengths and resources of both companies, making it a formidable player in the global automotive market. Currently, Stellantis manufactures a wide array of brands, which we will explore in the following section.
Brands Manufactured by Stellantis
After the merger of FCA and PSA, Stellantis has in its portfolio a diverse range of automotive brands. Below is the list of brands owned by Stellantis, including those previously owned by Dodge and its predecessors:
Chrysler Dodge Jeep Ram Mopar Fiat Alfa Romeo Lancia Maserati Ferrari Peugeot Citroen DS Opel VauxhallIt's worth noting that Opel and Vauxhall, which are formerly a part of General Motors Europe (GM Europe), were acquired by PSA before the merger with FCA.
Conclusion
The journey of Dodge is a fascinating tale of acquisitions and mergers, leading to its current ownership by the giant automaker Stellantis. As the automotive industry continues to evolve, Stellantis is poised to remain a significant player, driven by its vast portfolio of brands and resources. Whether you're a fan of Dodge or any of its other brands, the future of this powerhouse automaker looks promising.