November 23, 2024

Valley Post

Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

Newsauto Confirmation: FCA Greece Passes to Autohellas and Samelet

Newsauto Confirmation: FCA Greece Passes to Autohellas and Samelet

FCA is moving into the Vasilakis Group, specifically Autohellas and Samelet, which constitutes one of the biggest changes in business and especially in the automotive sector.

after merging Opel in the Singles Group and change Mercedes-Benz ownership statusAnother major acquisition has been officially announced.

As revealed by newsauto months agoAnd the The Fiat Chrysler Automobiles Greece pass to Vasilaki Group(Utilas) And in Israel Samelet Being one of the biggest changes in business especially in the automotive sector.

As stated in the relevant announcement:The Autohelas And the Samelet I agree with her excellent Acquisition of its subsidiary in Greece for the import and distribution of cars AbarthAnd the alpha romeoAnd the FiatAnd the Fiat professional And the pocket ».

Clubs Autohelas And the Samelet Creation of a joint venture to become Stellantis’ partner in the Greek market that will handle the import and distribution of the Abarth, Alfa Romeo Fiat, Fiat Professional and Jeep brands. Completion of this planned acquisition is subject to approval by the Competition Commission.

The deal comes in its wake Automobile manufacturers PSA and FCA merger – last year – creating Stellantis, one of the world’s largest car manufacturers with manufacturing operations in 30 countries and a commercial presence in 130 markets worldwide.

After completing the scheduled transaction, The joint company of the Autohellas & Samelet groups He will be responsible for the import and distribution of a total of 5 Stellantis Brands, and the acquisition of the FCA Italy SpA subsidiary in Greece, importer and distributor of these brands to date. The contracts of FCA Greece employees will not be affected by the completion of this transaction.

The Autohellas and Samelet groups will draw on their extensive experience, resources and presence in the automotive and mobility services market to ensure continued high-quality customer service and the distribution of all spare parts for these brands as well as their successful development. General commercial activity in the country.

See also  Solana Changes Twitter Name to Solano After Bitcoin Maxi Jack Dorsey Misspells Chain

“We are honored by Stellantis’ decision To choose the newly created company from our Autohellas collections and Samelet To present and distribute historical and creative brands Abarthalpha romeoFiatFiat professional and jeeps in the Greek market. Our partnership shares the common vision of a customer-centric strategy that builds on our collective and complementary presence, resources and leadership in many areas of mobility services in Greece. Our common goal is to translate Stellantis’ new expanded product strategy for these brands to achieve commercial success in the Greek market and excel in serving the current and future needs of our customers in the rapidly evolving world of the automotive industry,” he says. Omar fibrous and Giorgos Vassilakis of the Samelet مجموعات groups and Autohellas Respectively, whose collaboration roots go back to the long-standing friendship between their late fathers, Theodoros Vasiliakis and Michael fibrous.

“This is another important step in the development of the Stellantis business strategy Which will make our commercial presence in Greece more flexible and efficient, always focusing on clients. With this agreement, Autohellas Groups and Samelet You will become a strong partner of Stellantis In the market. We are confident that our brands will perform better in the market with this new representation,” says Philip Narbiboroughbig vice president Tess Stylantis For 25 markets in Europe (excluding G5).

Abarth, Alfa Romeo, Fiat, Fiat Professional and Jeep are popular brands that will complement the Autohellas and Samelet range. Benefiting from the many new and advanced developments in the engines of the Stellantis Group, all these brands in the newly acquired portfolio will benefit from significant investments in the latest generation technologies and exciting new models to be launched soon to realize the long-term strategic plan of the Dare Forward 2030 group was introduced in March. Starting with five new models launched in 2022, each brand has a clearly defined and fast strategy aimed at providing our customers with a full range of models that meet their current and future needs.

See also  A quick ride on the M&A train, AstraZeneca bets $100M in cash on T cell engager - Endpoints News

«Η stellants is one of the world’s leading automobile manufacturers, with excellent products and a very robust plan for electrification and sustainable mobility. Autohellas groups and SameletWith over 35 years of successful experience in the import and distribution of automobiles, we are committed to successfully adapting to the developments of the automobile industry. Together with StellantsWe are confident that we will provide mobility solutions in the future, while providing our customers with the experiences they desire and ensuring long-term growth for our brands and dealer network,” they say. Autohellas groups and Samelet.


About Autohellas

Autohellas was founded in 1966 by Theodoros Vasiliakis and has been listed on the Athens Stock Exchange since 1999. Since its listing, it has been profitable every year. It is active in short term vehicle leasing, fleet management/operational leasing, vehicle import and distribution as well as in retail and technical support for both new and used vehicles. The group’s headquarters and most of its activities are located in the Greek market. However, it also has a growing international presence mainly in the car rental sector in Romania, Bulgaria, Serbia, Montenegro, Ukraine, Croatia, Cyprus and most recently Portugal. Autohellas’ total rental vehicle fleet exceeds 55,000, balance sheet assets exceed one billion and revenues in 2022 will exceed 700 million euros. The group employs 1,700 people in all of its subsidiaries. The family of its founder, Th. Vasiliakis controls the majority of the shares of the listed company. The Vasilaki Group is also active in the aviation market.

About Samelet

See also  State Motor Oil in the state of Greece ... (OAK writes)

The Samelet Group was founded in Israel in 1946 and today imports and distributes the Abarth, Alfa Romeo, Chrysler, Dodge, Ferrari, Fiat, Fiat Professional, Jeep, Iveco, Maserati and Ram brands. It believes in developing innovations and focuses on advanced digital mobility solutions including charging applications, data management, customer experiences and a full range of customer financing options including: financing, insurance, leasing and car sharing services. Samelet Group invests and develops innovation and technology, and has set up investment funds in China and Israel to invest in auto start-up companies. In addition to the huge car business in Israel, it is also active in Romania after it acquired the former importer of FCA: Autoitalia. The Samelet group is controlled by the Levi family.

About Stellants

Stellantis NV (NYSE / MTA / Euronext Paris: STLA) is a leading global automotive manufacturer and mobility service provider. Its historic and iconic brands embody the passion of its visionary founders and today’s customers for innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall and Free2move and Leasys. With the strength of our diversity, we are leading the way the world moves – and we aspire to be the largest sustainable mobility technology company, not the largest, while creating value for all our stakeholders as well as the communities in which we operate. Visit www.stellantis.com.

Read also:
Final: In the Vasilakis range there are Fiat, Alfa Romeo and Jeep
Vasiliakis: The state should “impose” maintenance on old cars!
Stellantis Alliance (FCA-PSA): Will Lancia be revived soon?

See all the latest news as it happens in newsauto