Who Owns Chrysler?
After several acquisitions and mergers, Chrysler is now owned by the multinational automobile corporation, Stellantis.
Written by Andrea Barrett
Reviewed by Jessica Barrett
Table of Contents
- Who owns Chrysler?
- Where are Chryslers made?
- A short history of Chrysler ownership
- How to save money on Chrysler insurance
- FAQ
Load full table of contents
The original Chrysler Corporation was founded in 1925 from what remained of Maxwell Motor Company. It was bought by Daimler-Benz and later renamed DaimlerChrysler. It operated under several names before being acquired by Fiat Chrysler Automobiles (FCA) in 2014 and becoming a subsidiary of the multinational corporation, Stellantis, which currently owns Chrysler.
While Chrysler may not be the first vehicle you think of when you think of luxury cars, it has been competing with high-end brands like Cadillac, Packard, Cord, and Lincoln since its debut in 1924. The manufacturer's lineup has undergone several changes in the last 97 years, but its parent companies have owned it since 1998.
Curious to learn more about Chrysler and where they’re made? Here's the inside scoop!
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4.7/5 rating on the App Store | Trusted by 5+ million customers and 7 million cars4.7/5 app rating | Trusted by 5M+ driversWho owns Chrysler?
In 2021, Chrysler became a subsidiary of the multinational automotive corporation, Stellantis.
If you’ve never heard of them before, don’t hit the panic button yet—they were formed in 2021 after a 50/50 merger between Italian-American auto manufacturer Fiat Chrysler Automobiles and the French PSA Group (Peugeot Société Anonyme).
As of May 2021, Stellantis ranked sixth on a list of the largest automakers in the world, following
Volkswagen
Group, Toyota
, Renault–Nissan
–Mitsubishi
, GM
, and Hyundai
. What other makes does Stellantis own?
At the time of the merger, Stellentis brought 16 automobile manufacturers under one roof. Some of the most well-known ones include luxury Italian makes such as
Maserati
and Alfa Romeo
and the classic American squad of Chrysler, Dodge
, Jeep
, and Ram
. If you’re wondering what else Stellantis owns, here’s the rundown:
- Abarth
- Alfa Romeo
- Chrysler
- Citroën
- Dodge
- DS
- Fiat
- Fiat Professional
- Jeep
- Lancia
- Maserati
- Mopar
- Opel
- Peugeot
- Ram
- Vauxhall
Where are Chryslers made?
While the parent company Stellantis may operate in Amsterdam, Chrysler vehicles are mainly made inNorth America. Although specific Chrysler models were completely produced at Toluca Car Assembly in Toluca, Mexico, Chrysler operates using three manufacturing facilities in Canada, the United States, and Mexico.
Most parts of a Chrysler are manufactured in Canada at two locations. Still, there are currently two facilities that manufacture Chrysler's Pentastar Engine—Trenton Engine in
Trenton, Michigan
, and Saltillo South Engine in Saltillo, Mexico. Here’s where each of Chrysler’s three models comes from: - Chrysler 300: Brampton Assembly in Brampton, Ontario
- Chrysler Pacifica: Windsor Assembly Plant in Windsor, Ontario
- Chrysler Pacifica Hybrid: Windsor Assembly Plant in Windsor, Ontario
Chrysler used to manufacture at facilities in seven other countries—Australia, Belgium, France, the Netherlands, South Africa, Spain, and the United Kingdom—but has since closed its factories.
Key Takeaway Despite repping an All-American image, Chrysler's cars are produced primarily in Canada, with engines coming from Mexico and the United States.
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A short history of Chrysler ownership
With over 95 years of production, Chrysler has a long history. Initially founded by Walter Chrysler in 1925, Chrysler operated from the remains of the Maxwell Motor Company until Daimler-Benz bought it out. Later renamed DaimlerChrysler in 1998, Daimler divested Chrysler, which then operated as Chrysler LLC from 2007 to 2009 and Chrysler Group LLC from 2009 to 2014.
Over the years, Chrysler acquired Fargo Trucks, the Dodge Brothers Company, and the American Motors Corporation (AMC), which owned the all-American, rugged, Jeep brand. Chrysler also oversaw the development of Plymouth and DeSoto and partnered with Mitsubishi.
After filing for bankruptcy following the automotive industry crisis of 2008 to 2010, Chrysler was forced to default on over $4 billion in debts. Chrysler emerged from the dark only to be purchased by Fiat S.p.A. on January 1, 2014, making Chrysler Group a subsidiary of
Fiat
. Following Fiat’s acquisition of Chrysler, FCA set a new long-term goal to revive the Chrysler brand as a full luxury brand that would compete against some top-selling luxury cars.
In 2021, the merger between FCA and PSA Group (Peugeot Société Anonyme) meant Chrysler now came under the umbrella of Stellantis.
How to save money on Chrysler insurance
With over 95 years of rich history, Chrysler was designed to compete with some of the top luxury car brands like Cadillac and Lincoln. While their product line has dwindled to just two cars, Chrysler still makes some of the most reliable vehicles in their class—and for cars like that, you need a solid insurance policy to keep them protected.
Rather than wasting your time searching through quote after quote, use
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FAQ
Is Chrysler an American brand?
While Amsterdam-stationed Stellantis owns Chrysler, Chrysler is by nature one of the "Big Three" automobile manufacturers in the United States, whose headquarters are in Auburn Hills, Michigan. And although the headquarters are based in the United States, most production happens in Canada, with Pentastar engines produced in the U.S. and Mexico.
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