UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2016
Commission File No. 001-36675
_______________________________
FIAT CHRYSLER AUTOMOBILES N.V.
(Translation of Registrant’s Name Into English)
_______________________________
25 St. James’s Street
London SW1A 1HA
United Kingdom
Tel. No.: +44 (0)20 7766 0311
(Address of Principal Executive Offices)
_______________________________
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g32(b): N/A
The following exhibits are furnished herewith:
Exhibit 99.1 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
Exhibit 99.2 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
Exhibit 99.3 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 15, 2016 | FIAT CHRYSLER AUTOMOBILES N.V. | ||
By: | /s/ Richard K. Palmer | ||
Name: Richard K. Palmer | |||
Title: Chief Financial Officer | |||
Index of Exhibits
Exhibit
Number Description of Exhibit
99.1 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
99.2 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
99.3 | Press release issued by Fiat Chrysler Automobiles N.V. dated April 15, 2016. |
Exhibit 99.1
In March, FCA posted a 13.3% year-over-year increase in European sales, significantly outperforming the industry average of 5.7%. Market share was 40 basis points higher at 6.3%. All FCA brands registered increases, with Lancia up 16.8%, Jeep up 14.5%, Fiat up 14.0% and Alfa Romeo up 0.8%. The Fiat 500 and Panda continued as the two best selling cars in the European A segment (with a combined share of just under 30.0%) and the 500L led its segment with a 23.0% share. The Fiat 500X and Jeep Renegade were two of the most popular vehicles in the Small SUV segment. The Fiat Tipo continued to gain momentum as the brand prepares to launch the station wagon and 5-door versions.
FCA closed March with year-over-year sales growth in Europe (EU28+EFTA) significantly higher than the industry average. In fact, the Group’s European sales were up 13.3% to 110,600 vehicles, compared with 5.7% for the industry. Market share was 40 basis points higher at 6.3%.
For the three months year-to-date, FCA posted unit sales of more than 264,000 vehicles, an increase of 16.3% (vs +8.1% for the industry) with market share 50 basis points higher at 6.7%.
The Group posted March sales increases of 21.5% in Italy (+17.4% for the industry), 10.2% in France (+7.5% for the industry), 13.2% in the UK (+5.3% for the industry) and 12.9% in Spain (-0.7% for the industry).
Fiat brand posted European sales of 85,500 vehicles for the month, representing a 14.0% year-over-year increase and the best March sales since 2010. Market share was 40 basis points higher at 4.9%.
Year-to-date, brand sales were up 16.9% to more than 200,000 vehicles, with market share 40 basis points higher at 5.1%.
For the major European markets, the brand posted March sales increase of 21.6% in Italy, 14.7% in France, 13.3% in the UK and 13.8% in Spain.
The brand remained the undisputed leader in the A segment with the 500 and Panda holding a combined share of nearly 30.0%. The 500 was overall leader with 25,800 units sold (+11.0%) followed by the Panda with 20,700 vehicles sold (+6.1%). The 500L continued as leader in the Small MPV segment with a 23.0% share and nearly 8,800 units sold. The 500X posted another monthly increase consolidating its position among the five best-sellers in the Small SUV segment. The new Fiat Tipo is already among the most popular vehicles in its segment in Italy with positive sales momentum across Europe. Demand for the Tipo is expected to strengthen further with the arrival of the station wagon and 5-door versions.
Lancia/Chrysler also outperformed the market with sales up 16.8% to 7,300 units and share in line with the prior year at 0.4%.
For the year-to-date, brand sales were up 11.9% to 19,900 units with share stable at 0.5%.
The brand registered particularly strong March performance in Italy, with a 30.4% sales increase pushing share 30 basis points higher to 3.7%.
For the Ypsilon, sales in Italy were up 32.3% over the same month a year ago and B segment share was 130 basis points higher at 14.6%.
Alfa Romeo posted March sales of more than 6,300 units, an increase of 0.8%, with European market share stable at 0.4%.
Year-to-date, brand sales totaled 16,000 units (+6.7%) and market share was in line with the prior year at 0.4%.
March sales were up 5.3% in Germany, 12.2% in France and 5.6% in the UK.
The MiTo posted an 11.1% increase in March and sales of the Giulietta were up 8.9% for the year-to-date.
Jeep posted a 14.5% increase in March sales to nearly 10,700 vehicles. This represented the brand’s 29th consecutive monthly increase and its best ever monthly performance in Europe. Market share was in line with the prior year at 0.6%.
Year-to-date, brand sales were up 22.5% to more than 26,400 vehicles. Market share for the period was 10 basis points higher at 0.7%.
March sales were up 28.1% in Italy, 12.3% in France, 18.6% in the UK and 43.5% in Spain.
The best performing models were the Renegade and the Grand Cherokee. The Renegade has firmly established itself among the top ten and, with March sales up 42.6%, it posted its best montly and quarterly performance since launch. March sales for the flagship Grand Cherokee were up 2.3% year-over-year.
For Maserati, the Group’s luxury brand, European sales totaled 740 vehicles in March and 1,553 for the year-to-date.
London, 15 April 2016
For further information:
+39.011.0063088
mediarelations@fcagroup.com
www.fcagroup.com
Exhibit 99.2
FCA announces voting results from its Annual General Meeting
Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) announced today that all resolutions proposed to shareholders at the Company’s Annual General Meeting of Shareholders (“AGM”) held today in Schiphol-Rijk, The Netherlands, were passed.
The Shareholders adopted the 2015 Annual Accounts and re-elected all current directors of FCA. John Elkann and Sergio Marchionne were re-elected as executive directors of the Company. Ronald L. Thompson, Andrea Agnelli, Tiberto Brandolini d'Adda, Glenn Earle, Valerie A. Mars, Ruth J. Simmons, Patience Wheatcroft, Stephen M. Wolf and Ermenegildo Zegna were re-elected as non-executive directors of the Company. In addition Ernst & Young Accountants LLP were appointed as independent auditors of the Company.
The Shareholders also delegated to the Board of Directors authority to purchase common shares of the Company up to a maximum of 10% of the Company’s issued common shares as of the date of the AGM. Pursuant to the authorization, which does not entail any obligation for the Company but is designed to provide additional flexibility, the Company may purchase shares of its own common stock from time to time in the 18 months following the AGM, at a price not to exceed by more than 10% the average closing price on the NYSE and/or MTA in the five business days prior to the date of the purchase.
Finally the Shareholders approved a demerger that is the initial step in FCA’s previously announced plans to distribute the ordinary shares in RCS MediaGroup S.p.A. held by FCA to the holders of its common shares.
Details of the resolutions submitted to the AGM are available on the Company’s corporate website at www.fcagoup.com.
London, 15 April 2016
For further information:
tel.: +39 (011) 00 63088
Email: mediarelations@fcagroup.com
www.fcagroup.com
Exhibit 99.3
FCA announces plans for completing distribution of its ownership in RCS
Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) announced today that the general meeting of shareholders has approved a demerger that is the initial step in FCA’s previously-announced plans to distribute the ordinary shares in RCS MediaGroup S.p.A. (“RCS”) held by FCA to the holders of its common shares.
FCA anticipates that the distribution of RCS ordinary shares will be effected through several transactions that are expected to take effect on May 1, 2016.
Subject to completion of such transactions, the record date for the distribution with respect to FCA common shares held through participants in the Monte Titoli system is expected to be May 3, 2016 and with respect to FCA common shares held through other participants in the DTC system is expected to be May 4, 2016, which accounts for the different standard settlement periods in the different primary markets (i.e. Borsa Italiana and the New York Stock Exchange).
RCS ordinary shares will be credited to the accounts of participants in the Monte Titoli system on May 4, 2016. Because RCS ordinary shares are capable of being delivered only to accounts of intermediaries that are participants in the Monte Titoli system, FCA shareholders that hold their common shares through intermediaries that are participants in the DTC clearing system will need to provide notice to Computershare on or before May 13, 2016 of the Monte Titoli participant account to which RCS shares should be credited, and, if proper notice is received, will receive RCS ordinary shares during the period between May 5 and May 17, 2016 depending on the date of their instructions.
FCA shareholders that hold FCA common shares through intermediaries that are participants in the DTC clearing system and that (i) do not make arrangements for RCS ordinary shares to which they would otherwise be entitled to be credited to an account of a participant in Monte Titoli on or before May 13, 2016, and (ii) do not provide proper notice of such account to Computershare on or before the same date, will have their entitlements to RCS ordinary shares aggregated and sold on the open market; the net proceeds after completing all such sales will be paid pro rata in cash to the holders of FCA common shares entitled thereto after conversion of any amount received in any other currency into US dollars.
A form of notice to advise Computershare of the account of an intermediary that is a participant in the Monte Titoli system, to which an FCA shareholder’s entitlement to RCS ordinary shares should be credited will be available on the investor relations page of the FCA website.
No fractional RCS ordinary shares will be delivered in connection with the distribution. Any fractional entitlement will also be aggregated and sold in the open market by intermediaries and the net cash proceeds distributed pro rata to the holders of FCA common shares that would otherwise have been entitled to fractional RCS ordinary shares.
The distribution may be treated as a dividend for Italian tax purposes and therefore give rise to a withholding tax of up to 26 percent.
Additional information related to the distribution of the RCS ordinary shares to FCA shareholders has been made available on the investor relations page of the FCA website at http://www.fcagroup.com/en-US/investor_relations .
London, April 15, 2016
This press release contains forward-looking statements. These statements are based on the Group’s current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: volatility and deterioration of capital and financial markets, including possibility of new Eurozone sovereign debt crisis, changes in commodity prices, changes in general economic conditions, economic growth and other changes in business conditions, weather, floods, earthquakes or other natural disasters, changes in government regulation, production difficulties, including capacity and supply constraints, and many other risks and uncertainties, most of which are outside of the Group’s control.
For further information:
tel.: +39 (011) 00 63088
Email: mediarelations@fcagroup.com
www.fcagroup.com