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Interim Report As of and for the Three Months Ended March 31, 2020 TABLE of CONTENTS
Interim Report As of and for the three months ended March 31, 2020 TABLE OF CONTENTS Page CERTAIN DEFINED TERMS 3 MANAGEMENT DISCUSSION AND ANALYSIS 5 COVID-19 update 5 Highlights 7 Non-GAAP Financial Measures 8 Group Results 10 Results by Segment 17 Liquidity and Capital Resources 24 Risks and Uncertainties 29 Outlook 30 INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND NOTES AS OF 31 AND FOR THE THREE MONTHS ENDED MARCH 31, 2020 Interim Condensed Consolidated Income Statement 32 Interim Condensed Consolidated Statement of Comprehensive Income 33 Interim Condensed Consolidated Statement of Financial Position 34 Interim Condensed Consolidated Statement of Cash Flows 35 Interim Condensed Consolidated Statement of Changes in Equity 36 Notes to the Interim Condensed Consolidated Financial Statements 37 1. Basis of preparation 37 2. Scope of consolidation 39 3. Net revenues 40 4. Net financial expenses 41 5. Tax expense 41 6. Goodwill and intangible assets with indefinite useful lives 42 7. Other intangible assets 43 8. Property, plant and equipment 44 9. Trade and other receivables 44 10. Inventories 45 11. Share-based compensation 45 12. Employee benefits liabilities 46 13. Provisions 46 14. Debt 47 15. Other liabilities 48 16. Fair value measurement 48 17. Related party transactions 51 18. Guarantees granted, commitments and contingent liabilities 51 19. Equity 54 20. Earnings per share 56 21. Segment reporting 57 22. Subsequent events 59 CERTAIN DEFINED TERMS In this Interim Report, unless otherwise specified, the terms “we”, “our”, “us”, the “Group”, the “Company” and “FCA” refer to Fiat Chrysler Automobiles N.V., together with its subsidiaries and its predecessor prior to the completion of the merger of Fiat S.p.A. -
PRESS RELEASE Groupe PSA and FCA Plan to Join Forces to Build A
PRESS RELEASE IMPORTANT NOTICE By reading the following release, you further agree to be bound by the following limitations and qualifications: This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation to exchange, purchase or subscribe for, any securities, any part of the business or assets described herein, or any other interests or the solicitation of any vote or approval in any jurisdiction in connection with the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. This communication should not be construed in any manner as a recommendation to any reader of this communication. This communication is not a prospectus, product disclosure statement or other offering document for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14th 2017, as amended from time to time and as implemented in each member State of the European Economic Area and under French and Dutch law and regulation. An offer of securities in the United States pursuant to a business combination transaction will only be made, as may be required, through a prospectus which is part of an effective registration statement filed with the US Securities and Exchange Commission (“SEC”). Shareholders of Fiat Chrysler Automobiles N.V. (“FCA”) and Peugeot S.A. who are US persons or are located in the United States are advised to read the registration statement when and if it is declared effective by the US Securities and Exchange Commission because it will contain important information relating to the proposed transaction. -
Lancia Thema Lancia Thema 3.0 'Platinum', LHD
Lancia Thema Lancia Thema 3.0 'Platinum', LHD 83% 77% 59% 71% ADULT OCCUPANT Total 30 pts | 83% FRONTAL IMPACT 12,7 pts FRONTAL IMPACT HEAD Driver airbag contact unstable Passenger airbag contact stable CHEST Passenger compartment stable Windscreen Pillar rearward 4mm Steering wheel rearward none Driver Passenger Steering wheel upward none Chest contact with steering none wheel SIDE IMPACT CAR 8 pts UPPER LEGS, KNEES AND PELVIS Stiff structures in dashboard none SIDE IMPACT POLE 6,3 pts Concentrated loads on knees none LOWER LEGS AND FEET Footwell Collapse none Rearward pedal movement none Upward pedal movement brake - 21mm SIDE IMPACT Car Pole Head protection airbag Yes Chest protection airbag Yes REAR IMPACT (WHIPLASH) 2,7 pts WHIPLASH GOOD Seat description Standard leather 8 way electric ADEQUATE Head restraint type Reactive MARGINAL Geometric assessment 0,3 pts TESTS WEAK - High severity 2,5 pts POOR - Medium severity 2,5 pts - Low severity 2,1 pts CHILD OCCUPANT Total 38 pts | 77% 18 MONTH OLD CHILD FRONTAL IMPACT Restraint Fair Bimbofix G0/1S Head forward movement protected Group 0, 1 Head acceleration good Facing rearward Chest load fair Installation ISOFIX anchorages and support frame SIDE IMPACT PERFORMANCE 8,8 pts Head containment protected INSTRUCTIONS 4 pts Head acceleration good INSTALLATION 2 pts 3 YEAR OLD CHILD FRONTAL IMPACT Restraint Fair Bimbofix G0/1S Head forward movement protected Group 0, 1 Head acceleration good Facing forward Chest load fair Installation ISOFIX anchorages and support frame SIDE IMPACT PERFORMANCE -
ADESA Partners with Fiat Chrysler Automobiles to Pilot Next Evolution of Simulcast Sale
PRESS RELEASE FOR IMMEDIATE RELEASE ADESA Partners with Fiat Chrysler Automobiles to Pilot Next Evolution of Simulcast Sale Hosts Exclusive Livestreaming Sale from Four Locations as Part of FCA Inaugural CPOV Meeting CARMEL, Ind. – September 19, 2019 – ADESA, a business unit of global automotive remarketing and technology solutions provider KAR Auction Services Inc. (NYSE: KAR), partnered with Fiat Chrysler Automobiles (FCA) to pilot an ADESA Simulcast sale outside of the physical auction sale-day environment. As part of FCA’s inaugural national CPOV (certified preowned vehicle) dealer meeting, vehicles were launched into auction from four ADESA auction locations — ADESA Golden Gate, ADESA Indianapolis, ADESA Kansas City and ADESA Las Vegas. FCA CPO dealers attending the event were able to participate in fast, live bidding action. “We were extremely pleased to work with our strong partners at FCA to demonstrate the powerful potential of ADESA Simulcast to this sophisticated and tech savvy group of dealers,” said John Hammer, ADESA president. “ADESA Simulcast allows us to bring the auction right to our dealers — exposing sellers to a broader buyer base and helping buyers access the hard-to- find inventory they need. We were honored to pilot this with FCA and to add to the excitement and energy of their annual meeting.” Launched earlier this year, ADESA Simulcast is a cloud-based auction solution that allows dealers to participate virtually in multiple in-lane sales occurring in any location. As part of ADESA Simulcast, participating dealers can easily access detailed condition reports, photos, valuation tools and transportation options for purchased vehicles. The FCA sale was the first use of the technology to launch from multiple sites in a non-sale-day environment to a defined, exclusive group of dealers. -
Pr Ess R El Ea Se
2 FCA and CNH Industrial host first international TechPro event Turin, June 7, 2016 The first ever international event held in honor of the TechPro2 youth technical training initiative took RELEASE place today at the headquarters of the Salesians of Don Bosco in Turin, Italy. The event illustrated the activities achieved thus far by TechPro2 and rewarded some of the most deserving students who have participated in the training program from different countries around the world. PRESS PRESS The TechPro2 program is a joint initiative from sister companies Fiat Chrysler Automobiles (FCA) and CNH Industrial, in collaboration with the National Centre for Salesian Works (CNOS FAP). CNOS FAP’s mission is to promote formation and professional development according to its founder Don Bosco’s teaching principles. The aim of TechPro2 is to provide young people from over 50 countries around the world – such as Poland, Ethiopia, Argentina, Italy, India and Brazil – with the knowledge and commercial skills that are needed to prepare them for future employment in the automotive and industrial machinery sectors. Mopar, the services, Customer Care, original spare parts and accessories brand of FCA, led this project back in 2008 together with CNOS-FAP. CNH Industrial later joined the initiative in 2011, introducing a specific training program related to commercial vehicles. TechPro2 has grown to be more than a development program to form highly specialised individuals; today it has a global scope which actively involves and fosters a direct dialogue with young people, many of which come from socially underprivileged backgrounds, to offer them a secure professional future. -
Fiat® 500 Abarth®
AUTHENTIC FIAT® 500 ABARTH® ACCESSORIES FIAT ® 500 ABARTH® WITH YOU EVERY MILE. Mopar® was born with a dedication for pure performance. Our desire to move ahead has kept pace with our desire to always be authentic. We were raised with the belief that it’s not just about servicing cars, it’s equally about servicing people’s lives … because it’s our customers who truly matter most. That’s why our team is created of expert technicians who know your make and model best. And it’s why we offer more than just original Parts and Accessories designed by the same engineers of your vehicle. We’ve created personalized services like Mopar Vehicle Protection® plans, Express Lane Service and Mopar Owner Connect — a secure “owners- only” website. In short, Mopar is not only in support of your vehicle, but your total ownership experience. mopar.com moparvehicleprotection.com owners.fiat.com fiat.usa ©2015 FCA US LLC. All Rights Reserved. FIAT, ABARTH and the scorpion design are registered trademarks used under license by FCA US LLC. Mopar, the Mopar Owner Connect design and Mopar Vehicle Protection are registered trademarks of FCA US LLC. Dr. Dre, Beats and the b logo are trademarks of Beats Electronics, LLC. Katzkin and the Katzkin logo are registered trademarks of Katzkin Leather Interiors, Inc. Thule is a registered trademark of the Thule Group. Facebook and logo are registered trademarks of Facebook, Inc. The Twitter logo is a service mark of Twitter, Inc. The YouTube logo is a registered trademark of Google Inc. All other trademarks are the property of their respective owners. -
Chrysler Group Global Electric Motorcars LLC Remains Segment Leader in Industry
Contact: Nick Cappa Dianna Gutierrez Chrysler Group Global Electric Motorcars LLC Remains Segment Leader in Industry Global Electric Motorcars (GEM) has sold more than 40,000 electric vehicles worldwide, logging almost a half billion emissions-free miles GEM vehicles have saved more than 19.5 million gallons of gasoline and reduced CO2 emissions by more than 93,000 metric tons CO2 reduction is equivalent to planting nearly a half-million CO2 absorbing trees Chrysler Group LLC celebrates 10 years with GEM subsidiary January 24, 2010, Washington, D.C. - Chrysler Group LLC’s wholly-owned subsidiary, Global Electric Motorcars (GEM), has reached a milestone in the Low-speed Vehicle (LSV) industry by selling more than 40,000 GEM battery-electric vehicles. The GEM vehicle line is 100 percent electric and emits zero tailpipe emissions. GEM vehicles have been driven almost 500 million emission- free miles, saving more than 19.5 million gallons of gasoline. This translates into a CO2 reduction equivalent to planting nearly a half-million trees. “GEM is a successful example of how Chrysler Group is reducing CO2 emissions while answering customer needs for alternatively powered vehicles,” said Steve Bartoli—Head of Regulatory Affairs and Engineering Planning, Chrysler Group LLC. “GEM is directly responsible for cutting CO2 output by more than 93,000 tons by replacing gasoline-powered vehicles with electric vehicles.” The Fargo, North Dakota based manufacturer was acquired 10 years ago by Chrysler Group to assist the major automaker in their continuing efforts and commitment to developing, producing and selling environmentally-friendly vehicles. GEM Battery-Electric Vehicles – The Eco-Friendly, Cost-Effective Transportation Alternative Classified as Low Speed Vehicles (LSV) or Neighborhood Electric Vehicles (NEVs) by the National Highway Traffic Safety Administration, the GEM vehicle line is street-legal in most states on roads posted 35 mph or less. -
[email protected] Rick Deneau
January 29, 2010 Contact: Kathy Graham (248) 512-6218 (office) (810) 333-9035 (cell) [email protected] Rick Deneau (248) 512-2694 (office) (248) 730-1685 (cell) [email protected] Chrysler Group LLC Announces Revised Incentives Focused on Promoting Award-winning Vehicles Chrysler Group LLC announces new incentives effective today that keep its award-winning vehicle lineup competitive in the marketplace Incentives valid today through March 1 Tactical incentives encourage customers to “try us again” Auburn Hills, Mich. , Jan 29, 2010 - Chrysler Group LLC today announced new incentives that will give consumers a level playing field when shopping our products against the competition and keep the company competitive in the marketplace. Beginning today, the company is offering current Tundra, Tacoma and Sienna owners an additional $1,000 trade-in bonus cash with the purchase or lease of any new Chrysler, Jeep®, Dodge car or Ram truck. “The 2010 Ram Heavy Duty is Motor Trend magazine’s 'Truck of the Year' and the Ram 1500 is our most awarded truck ever,” said Fred Diaz, President and Chief Executive Officer–Ram Brand and Lead Executive for the Sales Organization, Chrysler Group LLC. “Chrysler invented the minivan and with more than 65 minivan- first innovations has the best minivans in the marketplace with the Dodge Grand Caravan and Chrysler Town & Country. Dodge has sold more minivans than any other manufacturer, and combined with the Town & Country has more than 42 percent market share in the minivan segment,” Diaz added. The company also announced today $1,000 bonus cash for all Toyota returning lessees who purchase or lease a new Chrysler, Jeep, Dodge car or Ram truck vehicle. -
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NEW Press Information Coburg, December 10th, 2010 NEW 2 The legend returns. The NEW STRATOS will be officially presented on 29./30.11.2010, at the Paul Ricard Circuit in Le Castellet. The legendary Lancia Stratos HF was without a doubt the most spectacular and successful rally car of the 70s. With its thrilling lines and uncompro- mising design tailored to rally use, the Stratos not only single-handedly rewrote the history of rallying, it won a permanent place in the hearts of its countless fans with its dramatic performance on the world’s asphalt and gravel tracks – a performance which included three successive world championship titles. For Michael Stoschek, a collector and driver of historic racing cars, as well as a successful entrepreneur in the automotive supply industry, the development and construction of a modern version of the Stratos represents the fulfillment of a long-held dream. Back in 2003, the dream had already begun to take on a concrete form; now, at last, it has become a reality: In November 2010, forty years after the Stratos’ presentation at the Turin Motor Show, the New Stratos will be publicly presented for the first time at the Paul Ricard Circuit. The legend returns. NEW 3 A retrospective. It all began in 1970, at the Turin exhibition stand of the automobile designer, Bertone. The extreme Stratos study on display there – a stylistic masterpiece by the designer Marcello Gandini – didn’t just excite visitors, but caught the attention of Cesare Fiorio, Lancia’s team manager at the time… and refused to let go. -
Fiat 500 Abarth: INTRODUCTION
Contact: General Media Inquiries Ariel Gavilan 2012 Fiat 500 Abarth: INTRODUCTION November 15, 2011, Auburn Hills, Mich. - Faithful to the “small but wicked” saying coined for Karl Abarth’s cars in the 1960s, the new 2012 Fiat 500 Abarth arrives to America with the racing traditions that have made it a success on European roadways and racetracks — world-class performance and precision, purposeful and aggressive styling, high power-to-weight ratio and limited-production volume. “Bringing the 2012 Fiat 500 Abarth to the U.S. enables us to reach out to driving enthusiasts who want Italian performance at an attainable price,” said Olivier Francois, Head of FIAT Brand and Chief Marketing Officer — Chrysler Group LLC. “With its lightweight, track-tuned handling and purpose-built design, the Fiat 500 Abarth brings to life the legendary racing heritage of the brand and becomes the Italian high-performance car for everyday driving.” Building on the excitement of the new 2012 Fiat 500 (Cinquecento), the new Fiat 500 Abarth is designed for track-day enthusiasts and driving purists who want the ultimate high-performance small car with the pedigree of an exclusive Italian exotic. With its all-new 1.4-liter MultiAir® Turbo engine, Abarth-tuned suspension and brake systems, race-inspired design, and technology features not traditionally included on a small car, the new 2012 Fiat 500 Abarth unleashes the brand’s legendary performance heritage to American streets. “Abarth treatment” and tradition continues to deliver extraordinary results In the late 1950s Karl Abarth believed that race cars with brilliant performance could be derived from small, lightweight, everyday driving cars — including the original Cinquecento (500). -
Dodge & Cox Stock Fund Semi-Annual Report As of June 30
2021 Semi-Annual Report June 30, 2021 Stock Fund ESTABLISHED 1965 TICKER: DODGX 06/21 SF SAR Printed on recycled paper To Our Shareholders The Dodge & Cox Stock Fund had a total return of 26.1% for the six these factors, we believe the U.S. economy is primed to grow. While months ended June 30, 2021, compared to a return of 15.3% for the concerns about COVID-19 variants could influence the trajectory of S&P 500 Index and 17.1% for the Russell 1000 Value Index (R1000V). the recovery, we believe this is a manageable risk over our three- to five-year investment horizon. Market Commentary Our disciplined, value-oriented approach—grounded in our The U.S. equity market continued to appreciate during the first half of extensive research, long-term investment horizon, and organizational 2021, extending the gains that began in March 2020 (when the World independence—has led us to invest in out-of-favor companies with Health Organization declared COVID-19 a pandemic) and reaching an strong fundamentals during periods of uncertainty. During the first all-time high in June of this year. The successful rollout of COVID-19 nine months of 2020, we shifted over 10% of the portfolio into more vaccines, unprecedented fiscal and monetary stimulus, healthy depressed cyclical sectors, including Energy, Financials, and consumer balance sheets, and tightening labor markets created Information Technology Hardware. We largely funded those additions optimism about U.S. economic growth and helped propel stock with trims from more defensive sectors, including Media, market returns. Cyclical sectors of the market that lagged in early Pharmaceuticals, and Biotechnology. -
List of Cars 2019
LIST OF CARS 2019 # CAR BUILDER TYPE BODY COACHWORK YEAR ENTRANT COUNTRY CLASS A | GOODBYE ROARING TWENTIES: THE BIRTH OF THE CONCORSO 02 Vauxhall 30/98 Type OE Boattail Tourer Vauxhall 1925 Peter Goodwin United States 04 Minerva Type AF Berline Transformable Hibbard et Darrin 1928 Laura & Jack Boyd Smith United States 06 Lancia Lambda Serie VIII Four-Seater Torpedo Lancia 1928 Anthony MacLean Switzerland 08 Alfa Romeo 6C 1500 Super Sport Two-Seater Sports W. C. & R. C. Atcherley 1928 David Atcherlery United States 10 Rolls-Royce 20 H.P. Three-Position Cabriolet Barker & Co. 1929 Norbert Seeger Liechtenstein 12 Alfa Romeo 6C 1750 Gran Sport Spider Zagato 1930 Albert Wetz Luxembourg CLASS B | FAST FORWARD: A QUARTER CENTURY OF PROGRESS 14 Rolls-Royce 40 / 50 H.P. Silver Ghost Torpedo Phaeton Kellner 1914 Douglas Magee United States 16 Bentley 4 ¼ Litre Cabriolet Antem 1936 Stephen Brauer United States 18 Mercedes-Benz 540 K Cabriolet A Two-Seater Cabriolet Sindelfingen 1936 Hans Hulsbergen Switzerland 20 Bugatti 57 S Four-Seater Sports Tourer Vanden Plas 1937 Robert Kauffman United States 22 Alfa Romeo 8C 2900B Berlinetta Touring 1937 David Sydorick United States 24 Delahaye 135M Roadster Carlton 1938 Emma Beanland Monaco 26 Lancia Astura Serie IV Cabriolet Pinin Farina 1938 Filippo Sole Italy 28 Lagonda V12 Redfern Tourer Four-Door Drophead Coupé Maltby 1939 Reinhard Weinstabl Austria CLASS C | SMALL AND PERFECTLY FORMED: THE COACHBUILDER’S ART IN MINIATURE 30 Maserati A6G / 2000 Coupé Frua 1952 Roland D’leteren Belgium 32 Abarth 205