GAC FCA

GAC Fiat Chrysler Automobiles Co., Ltd. (referred to as GAC FCA) was established on March 9, 2010, with a 50:50 shareholding ratio jointly invested by Guangzhou Automobile Group Co., Ltd. (referred to as GAC Group) and Fiat Chrysler Automobiles Group (referred to as FCA Group), with a total investment of about 17 billion yuan and a registered capital of 6 billion yuan. The company headquarters is located in Changsha Economic and Technological Development Zone, Hunan Province. It currently has two vehicle production bases, Changsha Plant and Guangzhou Plant, as well as one engine plant, with a total designed vehicle production capacity of 328,000 units and engine capacity of 320,000 units. It also wholly owns an independent sales company with more than 6,000 employees.

Carrying forward GAC Group's years of successful joint venture cooperation experience and inheriting the century-old automotive excellence of Fiat Chrysler Group, GAC FCA, with strong support from Guangdong and Hunan provinces and both shareholders, mainly produces Fiat brand and Jeep brand products. At present, the company has launched 5 models in the market: the all-new Jeep Cherokee, a 200,000-300,000 yuan professional urban SUV; the Renegade, a 130,000-170,000 yuan professional fun-to-drive SUV; the all-new Jeep Compass, a professional new middle-class family SUV; and the Italian national car, the 100,000-yuan Italian premium T-sedan, the Fiat Viaggio and Ottimo.

In 2017, GAC FCA completed a cumulative production of 150,025 vehicles and sales of 142,250 vehicles. Annual production and sales both exceeded 100,000 units for the first time, with year-on-year growth of over 300% for both, and all indicators achieved leapfrog growth compared with 2016, making it the fastest-growing joint venture automaker in the Chinese auto market.

GAC FCA will uphold the corporate philosophy of "Know responsibility, act with purpose, create and share together," continuously launch competitive new products that meet the consumption needs of the Chinese market, and timely expand production scale, striving to achieve the corporate goal of "enhancing value through quality and building an excellent automobile enterprise."