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Fiat has owned part of Ferrari since 1969 when it bought a 50% stake in the carmaker. Fiat has been Chrysler's parent since right after Chrysler's bankruptcy and government bailout in 2009. Fiat officially took over Chrysler last year as the two companies merged into FCA. Â© 2017 Time Inc.
The Ferrari Spin-Off Is Exposing Fiat Chryslerâs Weaknesses. Reuters. Jan 04, 2016. Ferrari made a flat debut in Milan on Monday as the luxury sportscar maker completed its divorce from Fiat Chrysler Automobiles, leaving the parent to fight its future alone.