Company:GAC Fiat

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GAC Fiat Chrysler Automobiles Co., Ltd.
GAC Fiat
Native name
广汽菲亚特汽车有限公司
Typejoint venture
IndustryAutomotive industry
Founded2010 (2010) (Changsha)[1]
Headquarters
Changsha
,
China
Area served
China
Key people
Zheng Xiancong
(President)[2]
Jack Cheng
(Managing Director)[3]
ProductsAutomobiles
OwnerGAC Group (50%)
Fiat Chrysler Automobiles (50%)[1]
Websitewww.gacfiatauto.com
GAC Fiat
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GAC Fiat Chrysler Automobiles Co., Ltd. is an automobile manufacturing company headquartered in Changsha, China and a 50:50 joint-venture between GAC Group and Fiat Chrysler Automobiles. The company was founded on 9 March 2010.[1] Fiat has agreed to invest an initial US$559 million in the venture.[4]

History

Fiat and GAC signed a joint venture agreement in Rome on 6 July 2009, in the presence of Chinese President Hu Jintao and Italian Prime Minister Silvio Berlusconi.[4] Construction of GAC Fiat facilities in Changsha began on 26 November 2009, with a groundbreaking ceremony attended by the Italian ambassador to China, the provincial leaders of Hunan and Guangdong, and city leaders of Changsha and Guangzhou.[5] GAC Fiat Automobiles Co., Ltd. was incorporated on 9 March 2010.[1]

The Changsha assembly plant was officially opened on 28 June 2012, in a ceremony attended by Fiat chief executive Sergio Marchionne and representatives of Hunan and Guandong provinces.[6]

In January 2013 it was announced that GAC Fiat would be expanded to also include Chrysler, and that GAC Fiat would construct a new assembly plant in Guangzhou for the production of Jeep products.[7][8] The plant is planned to have an initial production capacity of 100,000 units per year.[9]

Operations

GAC Fiat has facilities in Changsha, with an annual production capacity of 140,000 cars and 220,000 engines, covering around 700,000 m2.[5] Vehicle production begun in June 2012, with the Fiat Viaggio five-door sedan.[1][10][11] Later, the company started to manufacture the Ottimo, (hatchback version of the Viaggio).[12] In October 2013, GAC Fiat announced the construction of a second manufacturing plant in Guangzhou due to be finalised in 2016.[13] In November 2014, Fiat Chrysler and GAC expanded their partnership to produce Jeep vehicles.[12]

Current production

Former production

  • Fiat Viaggio June 2012-2017
  • Fiat Ottimo 2014-2017

  • A Fiat Viaggio

  • A Fiat Ottimo

Sales figures

Year Vehicle sales
2012 11.288[14]
2013 48.375[14]
2014 68.090[14]
2015 39.486[14][15]
2016 145.708[14][15]
2017 205.028[14][15]

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 "Company Profile". GAC Fiat Automobiles Co., Ltd.. Archived from the original on 22 March 2012. https://web.archive.org/web/20120322210940/http://www.gacfiatauto.com/website/recof/cominfo_jsp_catid_324_325_333.html. Retrieved 13 April 2012. 
  2. ↑ "GAC-Fiat: No plan to launch Chrysler brand any time soon". China Automotive Review. 10 August 2011. http://www.chinaautoreview.com/pub/CARArticle.aspx?ID=6413. Retrieved 13 April 2012. 
  3. ↑ "New venture formed for Fiat's second act". China Daily. 27 September 2010. http://www.chinadaily.com.cn/cndy/2010-09/27/content_11350708.htm. Retrieved 13 April 2012. 
  4. ↑ 4.0 4.1 "Fiat Focuses on China". Bloomberg Businessweek. 7 July 2009. http://www.businessweek.com/globalbiz/content/jul2009/gb2009077_696269.htm. Retrieved 13 April 2012. 
  5. ↑ 5.0 5.1 "GAC-Fiat ceremony heralds joint venture". China Daily. 30 November 2009. http://www.chinadaily.com.cn/bw/2009-11/30/content_9074421.htm. Retrieved 13 April 2012. 
  6. ↑ "Fiat opens new Chinese plant to produce Viaggio". Straits Times. 28 June 2012. http://www.straitstimes.com/Motoring/Story/STIStory_816528.html. Retrieved 2 July 2012. 
  7. ↑ "Fiat-Chrysler, Guangzhou ink Jeep deal". The Detroit News. 16 January 2013. http://www.detroitnews.com/article/20130116/AUTO04/301160335/1148/auto01/Fiat-Chrysler-Guangzhou-ink-Jeep-deal. Retrieved 27 January 2013. 
  8. ↑ "Fiat, Chrysler to produce Jeep in China: paper". Reuters. 14 January 2013. http://in.reuters.com/article/2013/01/13/us-fiat-chrysler-idINBRE90C06F20130113. Retrieved 27 January 2013. 
  9. ↑ "GAC-Fiat to Build Jeeps in Guangzhou, Next-gen Liberty Likely to Be the First Model to Roll Off Line". China Auto Web. 17 January 2013. http://chinaautoweb.com/2013/01/gac-fiat-to-build-jeeps-in-guangzhou-next-gen-liberty-likely-to-be-the-first-model-to-roll-off-line/. Retrieved 27 January 2013. 
  10. ↑ "Fiat unveils new Viaggio model to be made and sold in China". Reuters. 13 April 2012. http://uk.reuters.com/article/2012/04/13/uk-fiat-idUKBRE83C0F820120413. Retrieved 13 April 2012. 
  11. ↑ "GAC Fiat Chrysler". Chinaautoweb.com. http://chinaautoweb.com/auto-companies/gac-fiat/. Retrieved 3 July 2015. 
  12. ↑ 12.0 12.1 "Fiat Chrysler deepens China partnership to help Jeep". Automotive News Europe (Crain Communications). 29 November 2014. http://europe.autonews.com/article/20141129/ANE/141129864/fiat-chrysler-deepens-china-partnership-to-help-jeep. Retrieved 4 July 2015. 
  13. ↑ "Fiat's China JV to build second plant to produce SUVs, EVs, report says". Automotive News Europe (Crain Communications). 29 October 2013. http://europe.autonews.com/article/20131029/ANE/131029878/fiats-china-jv-to-build-second-plant-to-produce-suvs-evs-report-says. Retrieved 4 July 2015. 
  14. ↑ 14.0 14.1 14.2 14.3 14.4 14.5 [1]
  15. ↑ 15.0 15.1 15.2 [2]

External links




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