Key events in 2012

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Key Events in 2012

  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • September
  • October
  • November
  • December
Fiat SPA

January 2012

Fiat announces achievement of “Ecological Event” (3rd Performance Event in the Chrysler Group Amended and Restated LLC Operating Agreement) and ownership interest in Chrysler increases a further 5% to 58.5%.

Dodge

January 2012

Dodge Dart included in Kelley Blue Book’s list of “Top 10 Cars of the 2012 Detroit Auto Show” and receives Autoweek Editors’ Choice Award as the “Most Significant Vehicle” of the auto show.

Maserati

January 2012

A preview of Maserati’s luxury SUV, the Levante, makes its American debut at the Detroit Motor Show.

Fiat

February 2012

Fiat presents 2012 Model Year Punto, with TwinAir Turbo and MultiJet II engines, and introduces the Fiat Freemont AWD and new Fiat Strada.

Fiat

March 2012

Fiat completes CHF 425 million bond issue on March 7th (5%, due 2015) and an €850 million bond issue on March 23rd (7%, due 2017).

Fiat

March 2012

New 500L debuts at Geneva Motor Show, joining the hatchback, Abarth and Cabrio versions of the 500 family. The 500L is launched in Q3, with a selection of technologically-advanced gasoline and diesel engines. Additional engine and transmission options are presented to the press in September. In November, the 500L receives Euro NCAP 5 stars.

Fiat

March 2012

For 5th consecutive year, JATO recognizes Fiat brand for lowest average CO2 emissions among best selling cars in Europe (2011: 118.2 g/km). Fiat is also first in group ranking (average emissions down 2.6 g/km to 123.3 g/km).

Ferrari

March 2012

At Geneva Motor Show, Ferrari presents its most powerful street car ever, the F12 Berlinetta, which receives accolades for its innovative design and engineering. The brand also debuts the 490 hp California, which is 30 kilos lighter and 30 hp more powerful than its predecessor.

Maserati

March 2012

Maserati presents the new GranTurismo Sport at the Geneva Motor Show, powered by a 460 hp engine and offered with automatic and sequential transmissions.

Fiat

April 2012

On April 26th, S&P lowers Fiat S.p.A.’s long-term rating from ’BB’ to ’BB-’ with stable outlook. Short-term rating is confirmed at ‘B’.

Dodge

April 2012

Dodge Dart named “Compact Car of Texas” by Texas Auto Writers Association.

Ferrari

April 2012

At Beijing Auto Show, Ferrari presents latest evolution of hybrid Hy-Kers system to be adopted on future models.

Fiat

May 2012

Fiat S.p.A. completes mandatory conversion of all preference and savings shares into ordinary shares as per shareholder resolution of 4 April 2012.

Fiat

May 2012

Fiat and Tata agree to transfer Fiat brand commercial and distribution activities in India to separate Fiat Group company, enabling greater focus on brand development.

Fiat

June 2012

Ceremony held at GAC-Fiat plant in Changsha (China) to celebrate inauguration of new factory and rollout of first Fiat model produced in China by the JV, the Fiat Viaggio.

Dodge

June 2012

Dodge Dart arrives in dealerships and is included in Kelley Blue Book’s kbb.com and Consumer Guide® Automotive’s 10 Coolest Cars Under $18,000, along with the Fiat 500.

Fiat SPA

July 2012

On July 3rd, Fiat notifies VEBA of intention to exercise option to purchase a portion of VEBA’s ownership interest in Chrysler (equivalent to 3.3% of Chrysler equity). On September 26th, Fiat announces that Fiat North America (a wholly-owned subsidiary) is seeking judgment from Delaware Court of Chancery confirming purchase price for the stake, as parties had not reached agreement on the purchase price. On 3 January 2013, Fiat notifies VEBA of intention to purchase a 2nd tranche (representing a further 3.3% of Chrysler equity). Once purchase of the two tranches is complete, Fiat will hold 65.17% of Chrysler.

Fiat

July 2012

On July 16th, Fiat issues €600 million bond (7.75%, due 2016).

Fiat

July 2012

Fiat Group Automobiles S.p.A. (FGA) and PSA Peugeot Citroën (PSA) sign agreement to transfer FGA shareholding in SevelNord JV to PSA on or before December 31st. SevelNord will continue to produce LCVs for both groups until 2016. All other collaboration agreements between FGA and PSA remain unaffected, including the SevelSud JV.

Fiat

September 2012

Fiat S.p.A. included in DJSI World and Europe for 4th consecutive year, with a score of 91/100 compared to average of 74/100 for the sector. Membership in the DJSI World and Europe is limited to companies judged best-in-class in economic, environmental and social performance.

Fiat

September 2012

On September 19th, Fitch confirms Fiat S.p.A.’s long-term rating of ’BB’ and short-term of ’B’. The outlook is negative.

Fiat

September 2012

At Paris Motor Show, Fiat presents 4x4, Trekking and Natural Power versions of new Panda. Natural Power version is equipped with all-new natural gas/gasoline TwinAir Turbo.

Ferrari

Settembre 2012

At Paris Motor Show, Ferrari presents entire line-up of current models and Formula 1 derived carbon fiber body shell for upcoming limited edition model.

Maserati

September 2012

At Paris Motor Show, Maserati presents latest version of successful convertible, the GranCabrio MC, developed from the brand’s years of experience in motor racing.

Jeep Ram

October 2012

The Ram 1500 is named “Truck of Texas” and the Jeep Grand Cherokee “SUV of Texas” by the Texas
Auto Writers Association.

Fiat

October 2012

On October 10th, Moody’s lowers Fiat S.p.A.’s Corporate Family Rating from ‘Ba2’ to ‘Ba3’ and, in accordance with their methodology, also lowers ratings on notes issued by Fiat Finance & Trade Ltd. S.A. and Fiat Finance North America, Inc. from ‘Ba3’ to ‘B1’. The outlook is negative.

Jeep Ram

November 2012

On November 23rd, Fiat completes CHF 400 million bond issue (5.25%, due 2016). On November 29th, following reopening of the €600 million 7.75% note issue due 2016 (initially executed 16 July 2012), a further €400 million in notes are issued, increasing total principal amount to €1 billion.

Fiat

November 2012

Fiat’s Pomigliano D’Arco plant is awarded prestigious “Automotive Lean Production 2012” award in OEM category, based on evaluation of a panel of experts selected by German magazine Automobil Produktion and a leading consultancy firm.

Fiat

November 2012

Fiat features Panda Natural Power at the sustainability-focused H2Roma and Ecomondo expos.

Maserati

December 2012

The international press road tests the new Maserati Quattroporte before debut at 2013 Detroit Auto Show.

Ferrari

December 2012

Ferrari receives “Supercar of the Year” from BBC’s Top Gear and “Golden Steering Wheel” from Autobild/Bild am Sonntag for F12 Berlinetta.

Fiat

December 2012

At annual Top Gear Awards, British magazine Top Gear names Panda 4x4 “SUV of the Year 2012”.

JeepRam

December 2012

The Ram 1500 pickup is named Motor Trend’s 2013 “Truck of the Year”, “2013 North American Truck/Utility of the Year”, AOL Autos “Truck of the Year” and Detroit Free Press “Truck of the Year”.

Fiat

December 2012

At Fiat plant in Melfi, Chairman John Elkann and CEO Sergio Marchionne present plans for production of new Jeep brand vehicle and new Fiat brand vehicle beginning 2014. With more than €1 billion in investment, Melfi will be one of the world’s most advanced car assembly plants and managed according to World Class Manufacturing standards.

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