Chrysler 2012 Annual Report Download - page 29
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28
APRIL
On April 26th, S&P lowers Fiat S.p.A.’s long-term rating from ‘BB’ to ‘BB-’ with stable outlook.
Short-term rating is confirmed at ‘B’.
Dodge Dart named “Compact Car of Texas” by Texas Auto
Writers Association.
At Beijing Auto Show, Ferrari presents latest evolution of the hybrid Hy-Kers system to be adopted on
future models.
MAY
On May 21st, Fiat S.p.A. completes mandatory conversion of all preference and savings shares into
ordinary shares approved by shareholders on 4 April 2012.
Fiat and Tata agree to transfer Fiat brand commercial and distribution activities in India to a separate
Fiat Group company to enable greater focus on brand development.
Key Events
in 2012
The Group
at a Glance