Who owns Chrysler Corporation?
Stellantis N.V. owns Chrysler Corporation today; the Chrysler brand operates under Stellantis’ North American division.
How ownership evolved over time
Understanding the ownership starts with the long arc of corporate mergers and reorganizations that brought Chrysler under Stellantis’ umbrella. Here are the major milestones that shaped who owns Chrysler and its assets:
- 1925: Walter P. Chrysler establishes Chrysler Corporation as an independent American automaker.
- 1998: Daimler-Benz acquires a controlling stake; Chrysler Group LLC becomes the operating entity within the DaimlerChrysler structure until 2007.
- 2009: Chrysler files for bankruptcy; Fiat S.p.A. and the U.S. government restructure the company, with Fiat taking a significant stake and the U.S. assets reorganized under Chrysler Group LLC.
- 2014: Fiat Chrysler Automobiles (FCA) is formed as a holding company; Chrysler Group becomes FCA US LLC as the U.S. subsidiary.
- 2021: Fiat Chrysler Automobiles and Groupe PSA merge to form Stellantis N.V., the new parent company for the combined automaker, including the Chrysler brand.
Today, Stellantis N.V. is the publicly traded parent company; Chrysler’s U.S. operations are run under Stellantis North America, with the brand marketed through that organization.
Current ownership and structure
To summarize the current arrangement:
- Owner of Chrysler: Stellantis N.V., a Dutch-registered multinational automaker.
- Operating subsidiaries in the U.S.: Stellantis North America; Chrysler brand operations are conducted through these units, including the former FCA US LLC structure.
- Stockholder structure: Stellantis is a publicly traded company, so ownership is dispersed among many shareholders rather than a single owner.
- Note on the term “Chrysler Corporation”: The original standalone Chrysler Corporation no longer exists; the brand and its assets are now under Stellantis.
In short, while there is no standalone Chrysler Corporation today, the Chrysler brand is owned by Stellantis N.V., the result of the 2021 merger between FCA and PSA, with U.S. operations managed within Stellantis’ North American structure.
What this means for consumers
For customers and investors, this ownership structure means that:
- Vehicle design, production, and marketing decisions for the Chrysler brand come from Stellantis’ global strategy, implemented in North America through Stellantis North America.
- Warranty, service, and dealer networks are maintained by Stellantis’ authorized U.S. dealers and regional support teams.
- The Chrysler brand sits alongside Stellantis’ other brands (Dodge, Jeep, Ram, etc.) within a single corporate portfolio.
Stellantis continues to fund and manage the Chrysler brand as part of its broader portfolio, aligning with the company’s strategy for the North American market.
Summary
Chrysler Corporation no longer exists as an independent entity. The Chrysler brand is owned by Stellantis N.V., formed in 2021 from the merger of Fiat Chrysler Automobiles and Groupe PSA. The U.S. operations are administered by Stellantis North America, with ownership of the parent company held by public shareholders of Stellantis.
