1. Letter to Shareholders
Letter from the Chairman
the results for 2013 demonstrate how successfully the Group managed a very challenging year.
Revenues reached nearly €87 billion and worldwide vehicle shipments increased to 4.4 million units, to highlight just a couple of milestones.
Beyond the figures, however, 2013 was an exceptional year above all for what was accomplished to integrate Fiat and Chrysler, two distinct entities, to create the world’s seventh largest auto group.
Letter from the CEO
the Group has just closed another very significant year, particularly with regard to the integration process between Fiat and Chrysler.
What we had achieved in industrial, commercial and cultural terms laid the necessary ground work to complete that process with the completion of the acquisition of full ownership of Chrysler.
We believed from the beginning that the integration between Fiat and Chrysler needed to take place in practice even before it did on paper.
2. Financial Highlights
4. Key Events in 2013
January - North American Auto Show
At the North American Auto Show in Detroit Maserati gives world premiere presentation of new Maserati Quattroporte
March - Geneva Motor Show
Highlights at Geneva Motor Show include the world premiere of the Alfa Romeo 4C “Launch Edition” and the Fiat 500L Trekking, and the European premiere of the new Jeep Grand Cherokee and Jeep Compass.
In addition, Ferrari presents the new limited edition LaFerrari and Maserati unveils the four-seat GranTurismo MC Stradale.
April - Shanghai Motor show
At the Shanghai Motor Show, Maserati gives world debut presentation of the new Maserati Ghibli, a top-of-the-range E-segment sedan.
June - Debut of Fiat 500L Living
Fiat unveils the 500L Living: the most spacious vehicle in its category, with best-in-class baggage capacity and a 5+2 seating configuration in just 4.35 meters.
December - World Class Manufacturing
Group plant in Tychy, Poland, achieves World Class Manufacturing Gold Level.
4. Research & Innovation
People involved in Research and Innovation activities worldwide
During the year, the Group invested approximately €3.4 billion in R&D, representing around 4% of net revenues from Industrial Activities.
R&D Centers in the Group’s four operating Regions (EMEA, NAFTA,LATAM and APAC)
Patents registered at 31 December 2013
Patents registered in 2013
An employee-focused corporate culture
Facts and Figures
- At 31 December 2013, the Group had a total of 225,587 employees (+5% versus 2012)
- During 2013, there were a total of 34,245 new hires
- Approximately 6,900 fixed-term contracts were converted to permanent, demonstrating the Group’s continued commitment to the long-term stability of the workforce.
- More than 4.2 million hours of training were provided during the year (+1.1% versus 2012) to around 186,000 employees.