Who owned Ram in 2012?
In 2012, Ram was a brand within Chrysler Group LLC, and the ownership of that company was split between Fiat S.p.A. and the UAW Retiree Medical Benefits Trust. Fiat held the controlling stake, while the UAW trust held the remaining portion of Chrysler Group LLC.
To understand the ownership around that year, it helps to look at the corporate structure that emerged from the 2009 bailout and subsequent reorganizations. By 2012, Chrysler Group LLC was effectively controlled by Fiat, with the UAW Retiree Medical Benefits Trust as the minority investor in the holding company, and the U.S. government no longer holding a direct equity stake in Chrysler Group LLC.
Ownership structure in 2012
The following breakdown highlights the two main equity holders of Chrysler Group LLC in that year.
- Fiat S.p.A. owned the controlling stake in Chrysler Group LLC (via its equity in Chrysler), approximately 58.5%.
- The UAW Retiree Medical Benefits Trust held about 41.5% of Chrysler Group LLC.
This ownership arrangement meant that Ram, as a brand under Chrysler Group LLC, operated under Fiat’s majority control with substantial backing from the UAW retiree trust, while there was no direct U.S. government equity stake in Chrysler Group LLC in 2012.
Context and what happened next
The 2012 structure reflected the interim outcome of the financial rescue that began in 2009 and culminated in the later formation of Fiat Chrysler Automobiles (FCA) in 2014 through a corporate merger of Fiat S.p.A. and Chrysler Group LLC. Ram’s branding and product strategy continued under Chrysler Group LLC, which later became part of FCA's portfolio as the Ram Trucks division within the broader corporate group.
Summary
In 2012, Ram was owned by Chrysler Group LLC, with Fiat S.p.A. holding roughly 58.5% and the UAW Retiree Medical Benefits Trust holding about 41.5%. The U.S. government had no direct equity stake at that time, and the ownership structure would evolve with the 2014 merger that formed Fiat Chrysler Automobiles.
