Key events in 2012 - html version

January

FiatFiat 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%.

 

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

 

February

Fiat

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

 

March

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

 

FiatThe latest addition to the 500 family, the new 500L, debuts at Geneva Motor Show. The 500L is launched in Q3, with a selection of advanced gasoline and diesel engines. Additional engine and transmission options are presented to the press in September. In November, the 500L receives 5 stars from Euro NCAP.

 

FiatFor 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).

 

FerrariAt Geneva Motor Show, Ferrari presents the F12 Berlinetta, its most poweful street car ever. The new model 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.

 

MaseratiAt Geneva Motor Show, Maserati presents the new GranTurismo Sport with 460 hp engine and option of automatic and sequential transmissions.

 

April

FiatOn 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’.



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

 

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

 

 

May

FiatOn May 21st, Fiat S.p.A. completes mandatory conversion of all preference and savings shares into ordinary shares approved by shareholders on 4 April 2012.

 

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

 

June

fiat_0_1.jpgInauguration of new GAC-Fiat plant in Changsha (China) and rollout of first Fiat model produced in China by the JV, the Fiat Viaggio.

 

DodgeDodge Dart arrives at dealerships. The new model 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.

July

FiatOn 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 (a further 3.3% of Chrysler equity). Once purchase of the two tranches is complete, Fiat will hold 65.17% of Chrysler.

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

 

FiatFiat 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.

 

September

FiatFiat 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.

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

 

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

 

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

 

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

 

October

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

 

FiatOn 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.

 

November

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

FiatFiat’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.

 

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



December

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

 

 

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

 

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

 

 

RamThe 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”.

 

FiatAt SATA Melfi, Fiat 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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