Faced with plummeting sales

mstakh.i.mom.i · Post by **mstakh.i.mom.i** » Thu Jan 02, 2025 8:51 am

and mounting financial losses, Chrysler and Dodge filed for bankruptcy. In 2009, Italian automaker Fiat S.p.A. stepped in, forming a strategic partnership with Chrysler. This partnership was part of a broader effort to rescue Chrysler from bankruptcy and ensure its long-term viability. Under CEO Sergio Marchionne’s leadership, Fiat gradually increased its stake in Chrysler, eventually taking complete control. During this period, Dodge remained an integral part of Chrysler, with the brand continuing to produce popular vehicles, particularly in the muscle car and truck segments.

In 2014, the partnership between Fiat and Chrysler LLC officially led to a canadian biotechnology email list complete merger of the two companies, creating Fiat Chrysler Automobiles (FCA). This merger brought together a diverse portfolio of brands under one corporate umbrella, including Dodge, Jeep, Chrysler, Ram, Alfa Romeo, and Fiat. Under FCA, Dodge benefited from Fiat’s global reach and resources, allowing the brand to expand its presence in international markets while focusing on its core strengths in the U.S. market. The most recent and significant development in the history of Dodge ownership occurred on January 16, 2021, when FCA merged with the PSA Group, the parent company of Peugeot, Citroën, and several other European brands.

The merger resulted in the creation of Stellantis. Under Stellantis, Dodge continues to operate as a distinct brand known for its high-performance vehicles, particularly in the muscle car segment with models like the Dodge Challenger and Charger. Stellantis has committed to preserving Dodge’s legacy while positioning the brand for the future, including potential developments in electric and hybrid vehicle technologies. Conclusion Dodge is owned by Stellantis N.V., a multinational automotive company formed by merging Fiat Chrysler Automobiles (FCA) and Groupe PSA. Before this merger, Dodge was part of FCA’s portfolio, including well-known brands such as Jeep, Chrysler, and Ram.