Annual financial Report 2013

1. Letter to Shareholders

Letter from the Chairman

Dear Shareholders,
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.

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Letter from the CEO

Dear Shareholders,
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.

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2. Financial Highlights

4. Key Events in 2013

Timeline

4. Research & Innovation

18,700
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.

78
R&D Centers in the Group’s four operating Regions (EMEA, NAFTA,LATAM and APAC)

8,521
Patents registered at 31 December 2013

425
Patents registered in 2013

5. People

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.
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