NAFTA Region Sergio Marchionne

Our plan leverages the resources of a global company

Architecture Sharing Industrial Infrastructure

Purchasing Synergies

NAFTA Region

Powertrains

Technology Sharing

We have 12 assembly, 8 stamping/support and 16 powertrain/component manufacturing facilities ACTIVE WORKFORCE

ASSEMBLY

000s

2009 2013

Manufacturing

33.1

3.2

Engineering

51.8

V

4.7

Other Industrial

2.8

4.9

Commercial/Corporate

6.9

9.7

46.0

71.1

London

H

Labor Contract Expiration Dates UAW - September 2015 Unifor - September 2016 CTM - May 2016 2A E MR PN

Grand Rapids 1 Lansing

I J 7 W X 4 D 3OF 5 B C Detroit L Q

Michigan

K8

Windsor

1 2 3 4 5 6 7 8

U

6G S T

Toronto

Southern Ontario

Conner, Detroit, MI Jefferson, Detroit, MI Sterling Heights, Sterling Heights, MI Toledo, Toledo, OH

(North & South)

Warren Truck, Warren, MI Brampton, Brampton, Ontario, Canada Windsor, Windsor, Ontario, Canada Saltillo (Truck), Saltillo, Mexico Saltillo (Van), Saltillo, Mexico Toluca, Toluca, Mexico

STAMPING / SUPPORT

POWERTRAIN / COMPONENT

Auto Die Tool & Die, Grand Rapids, MI

L M N O P Q R S T U V W X

Belvidere Stamping, Belvidere, IL Mt. Elliott Tool & Die, Detroit, MI Sterling Stamping, Sterling Heights, MI Warren Stamping, Detroit, MI Brampton Stamping, Ontario, Canada Saltillo Stamping, Saltillo, Mexico Toluca Stamping, Toluca, Mexico

AFFILIATE COMPANIES Magneti Marelli - 6 locations (3 US, 3 Mexico) Comau - 2 locations (US) Teksid - 1 location (Mexico)

NAFTA Region

A B C D E F G H I J K

Belvidere, Belvidere IL

Dundee Engine Plant, Dundee, MI

Indiana Transmission, Kokomo, IN

(1&2)

Kokomo Trans / Casting, Kokomo, IN Mack Engine Complex, Detroit, MI Tipton Transmission Plant, Tipton, IN Trenton Engine, Trenton, MI

(North & South)

Toledo Machining, Perrysburg, OH Etobicoke Casting, Toronto, ON, Canada

CPK Interior Products, Belleville, ON, Ca CPK Interior Products, Guelph, ON, Canada CPK Interiors, Port Hope, Ontario, Canada Saltillo North Engine, Saltillo, Mexico Saltillo South Engine, Saltillo Mexico

We have invested in our manufacturing infrastructure to improve processes and increase capacity ~ $4.2B invested in NAFTA assembly plants over the last 5 years Sterling Heights

• • • •

~$1.1B Invested New Flexible Body Shop New Paint Shop New Onsite Logistics Center

200

Toledo North

• ~$700M Invested • Body Shop Expansion • Retool General Assembly

Cherokee

Saltillo Van

• ~$600M Invested • All New Greenfield Plant

Belvidere

• ~$550M Invested • New Flexible Body Shop

Promaster

Dart

Added Shifts & Increased Capacity in 6 Assembly Plants

State-of-the-Art Body Shops

Jefferson North, Sterling Heights, Belvidere, Warren Truck, Toledo North, Saltillo Van

Allows production of multiple nameplates from the same architecture

NAFTA Region

We have invested in our manufacturing infrastructure to improve quality and optimize capacity ~ $3.8B invested in NAFTA powertrain plants over the last 5 years Kokomo Transmission

Trenton Engine

• ~$750M Invested • ~$700M Invested • All New Flexible Machining • All New Flexible Machining • >1M Units Produced Annually

8-speed ATX

6-speed ATX

Pentastar V6

Tigershark I4

Mack Engine

Tipton Transmission

• ~$300M Invested • All New Flexible Machining • Revitalization Of A Plant Scheduled For Shut Down

• ~$150M Invested • All New Plant And Flexible Assembly System

Pentastar V6

Added Shifts & Increased Capacity in 11 Powertrain Plants Kokomo (2), Trenton, Mack, Tipton, Dundee, Saltillo (2), Toledo, Indiana, Etobicoke NAFTA Region

9-speed ATX

We are optimizing our NAFTA manufacturing footprint Harbour FCA NAFTA Assembly Plant Asset Utilization 2009 – 2013 Actual, 2014-2018 Business Plan Forecast

100%

Volume

109%

Capacity Flexibility

43% 2009

2013

ACTUAL

2014

2015 *

2016

PLAN * Decline in utilization due to model conversion

NAFTA Region

2017

2018

Growth in NAFTA will be supplemented by production from other regions vehicle sales (000s)

IMPORT

LOCALIZED

2013

32

2,116

253

2018

360

2,590

380

Produced in other regions and sold in NAFTA

NAFTA Region

Produced and sold in NAFTA

EXPORT

Produced in NAFTA and sold in other regions

We have made significant enhancements to our product portfolio 2010

2011

70th Anniversary Commemorative

product actions across all nameplates

2012

2013

• We Have Launched Over 30 New or Significantly Refreshed Products Since 2009 • We Have Focused on Key Segments - Compact Sedan (Dart) - Mid-Size SUV (Cherokee)

- Full-Size SUV (Gr. Cherokee) - Small Cars (added Fiat brand) - Truck & LCV

refresh

NAFTA Region

Each of our brands is uniquely positioned in the market

NAFTA Region

NAFTA: Historical industry trend (1998-2013) (Millions)

19,6

20,3

20,0

19,9

19,6

20,0

20,2

19,9

19,3

18,7

18,1

17,5 16,2

15,6 14,2 12,9

17,4

16,0

17,8

17,5

17,1

17,0

17,3

17,4

17,1

16,5

14,8

13,5

10 Year NAFTA Average Industry: 19.7M

1998 NAFTA Region

1999

2000

2001

2002

2003

2004

10,6

(1998-2007)

2005

2006

2007

2008

2009

11,8

2010

15,9

13,0

2011

2012

2013

NAFTA: 2009-2013 Business Plan November 4, 2009

NAFTA TOTAL SALES

What We Said…

~2.1M

~1.2M

NAFTA Region

Nov. 4th Plan

Nov. 4th Plan

2009

2013

NAFTA: 2009-2013 Business Plan November 4, 2009

NAFTA TOTAL SALES

… What We Did

+82% 968K units

~1.2M

1.180M

Nov. 4th Plan

Actual

2009 NAFTA Region

~2.1M

2.148M

Nov. 4th Plan

Actual

2013

NAFTA: All brands have contributed to our growth (2009-2013)

Total NAFTA Sales (000s) BRAND

NAFTA Region

2009

2013

% Increase

445

736

+65%

277

557

+101%

258

463

+80%

197

332

+69%

3

60

BIG

1,180

2,148

+82%

NAFTA: Total sales & share league standings (2009-2013) RANK

TEAM

NAFTA NAFTA TOTAL VOLUME TOTAL SHARE GROWTH GROWTH

1

968 K

+2.3 ppts.

2

928 K

+0.2 ppts.

3

755 K

(2.0) ppts.

4

599 K

+0.7 ppts.

5

465 K

(2.5) ppts.

6

423 K

(1.0) ppts.

and the

7

367 K

+0.9 ppts.

8

320 K

+0.4 ppts.

HIGHEST TOTAL SHARE GROWTH

9

261 K

+0.6 ppts.

in NAFTA since 2009!

10

222 K

+0.6 ppts.

delivered the

HIGHEST TOTAL SALES GROWTH

Source: SIR

NAFTA Region

Digging a little deeper: U.S. Market U.S. retail share gain/loss

U.S. Retail Share Gain/Loss

3,3

(2010CY - 2013CY)

0,5

0,4

0,3 -0,2

-0,4

-0,4

-0,5 -1,3

is the FASTEST GROWING OEM at retail share since 2010 NAFTA Region

-1,4

NAFTA: Total market share by region (Q4 2009 – Q1 2014) 20%

Total Share

10%

12,5%

8,1%

0%

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 '10 '10 '10 '10 '11 '11 '11 '11 '12 '12 '12 '12 '13 '13 '13 '13 '14Q1

Q4 '09 2009

20%

2014

Total Share

16,7%

11,6%

10% 0%

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 '10 '10 '10 '10 '11 '11 '11 '11 '12 '12 '12 '12 '13 '13 '13 '13 '14Q1

Q4 '09 2009

10%

11,4%

2014

Total Share

7,2% 0% Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 '10 '10 '10 '10 '11 '11 '11 '11 '12 '12 '12 '12 '13 '13 '13 '13 '14Q1

Q4'09 2009

NAFTA Region

2014

• Grew Total Share by 4.4 ppts. • Grew Retail Share by 6.5 ppts. • Fastest growing OEM in U.S. • 48 Consecutive months of YoY Sales growth • Grew Total Share by 5.1 ppts. • Fastest growing OEM in Canada • #1 Selling OEM 2014 CYTD • 52 Consecutive months of YoY Sales growth • Total Share down 4.2 ppts. • Removed low margin purchased products • Profitable replacement products in plan • Relationship with Hyundai ended

We will continue to manage our Fleet business in a manner to maintain brand equity Fleet Business Plan Objectives

U.S. Total Sales Mix

- Fleet mix at roughly 20% of total U.S. sales Fleet

36%

28%

26%

22%

- Concentrate on most profitable Fleet business - Improve vehicle mix within each Fleet channel PRIMARY FOCUS

Retail

64%

2010

72%

2011

74%

78%

COMMERCIAL

2012

2013

GOVERNMENT

Types of Fleet Business

- Significantly lowered Fleet mix - Residual values have increased ~9 ppts. since 2009 vs. industry average increase of ~6 ppts.* * source: Automotive Lease Guide NAFTA Region

DAILY RENTAL

Clear product priorities have been identified by our brands

STRENGTHEN OFFERINGS IN COMPACT AND MID-SIZE CAR SEGMENTS RENEWAL OF AGED PRODUCTS USING MODERN ARCHITECTURES REGAIN LEADERSHIP POSITION IN THE MINIVAN SEGMENT EXTEND MARKET COVERAGE OF RAM BRAND CONTINUED RENEWAL OF POWERTRAINS CONSISTENT PRODUCT CADENCE NAFTA Region

NAFTA growth driven by many factors

Strong Unique Brands

World-Class Products

High Capacity Utilization NAFTA Region

Broad Market Coverage

Robust Dealer Network

NAFTA industry outlook is favorable

+ + + + +

Moderate economic growth Positive job outlook Efficient credit markets Age of car parc at historic high Growing consumer confidence

NAFTA Region

- Increasingly competitive marketplace - Regulatory compliance costs - Tight capacity in supply base

We are forecasting NAFTA SAAR to remain stable over the plan period SAAR - FCA Forecast Millions of Units

Actual 1,0 1,6

1,1

1,2

1,6

1,6

1,2

1.6

Plan

1,1

1,1

1,7

1,0 1.0

0,9

1,7

0,8 0,8 1,5

17,0

17,3

17,4

17,1

1,3

1,3

1,7

1,7

1,7

1,7

1,7

16,6

16,9

17,0

17,0

1,7

1,6

1,6

16,5 14,8

13,5 10,6

1.7

1,2

1,3

1,2

11,8

16,3

15,9

13.1

-

Total NAFTA

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

2014 2015 2016 2017 2018

19.6

19.2

NAFTA Region

20.0

20.2

19.9

19.3

16.2

12.9

14.2

15.6

17.5

18.7

19.5

19.9

20.0

20.0

NAFTA sales increase through the plan period on the strength of new product offerings NAFTA TOTAL SALES

WHAT WE PLAN TO DO … +~48% +~1M units

2.1M

3.1M 2.9M

2014-2018 Cumulative Sales

>13 Million Vehicles in NAFTA

Actual

2013 NAFTA Region

2018

2018

Jeep, Ram and Chrysler brands are key drivers of NAFTA volume growth Total NAFTA Sales (000s) BRAND

SUBTOTAL

NAFTA Region

2013

2018

% Change

736

660

- 10%

557

800

+ 44%

463

620

+ 34%

332

770

+ 132%

60

100

+ 67%

2.1 M

2.9 M

+ 38%

-

150

BIG

2.1M

3.1M

+ 48%

Our dealer network productivity and throughput will continue to grow Dealer Throughput

2013

1,404

Top OEM

1,138

566

342 2009

519

186

220

295

375

376

354

2013

2014

2015

2016

2017

2018

CJDR Network

Fiat Network

Facility Capacity to Increase • $1B Renovation/New Construction since 2009 • Optimize Metro Representation • Close Network Gaps

Industry Average

Strengthen the Backbone •

Increase Loyalty  Sales and Service Advocacy Focus

− $400M further required

•

Increase Dealer Staff  Sales Consultants  Service Advisors  Technicians

NAFTA Region

798

765

695

662

660

+ 25% + 20% + 25%

We have initiatives in place to improve margins in NAFTA

• Increase Brand Equity -

Clearly Defined Brands Minimize Showroom Overlap Distinctive Marketing Focused Fleet Strategy

• Strengthen Product Offerings - World-Class Quality - Increased Fuel Efficiency - More Refinement

• Manage Cost Structure -

Leverage Global Platforms Higher Component Commonization Efficiencies of Scale Limit Powertrain Complexity Optimize Industrial Footprint

NAFTA Region

Disclaimer Certain information included in this presentation, including, without limitation, any forecasts included herein, is forward looking and is subject to important risks and uncertainties that could cause actual results to differ materially. The Group’s businesses include its automotive, automotive-related and other sectors, and its outlook is predominantly based on what it considers to be the key economic factors affecting these businesses. Forward-looking statements with regard to the Group's businesses involve a number of important factors that are subject to change, including, but not limited to: the many interrelated factors that affect consumer confidence and worldwide demand for automotive and automotive-related products and changes in consumer preferences that could reduce relative demand for the Group’s products; governmental programs; general economic conditions in each of the Group's markets; legislation, particularly that relating to automotiverelated issues, the environment, trade and commerce and infrastructure development; actions of competitors in the various industries in which the Group competes; production difficulties, including capacity and supply constraints, excess inventory levels, and the impact of vehicle defects and/or product recalls; labor relations; interest rates and currency exchange rates; our ability to realize benefits and synergies from our global alliance among the Group’s members; substantial debt and limits on liquidity that may limit our ability to execute NAFTA Region

the Group’s combined business plans; political and civil unrest; earthquakes or other natural disasters and other risks and uncertainties. Any of the assumptions underlying this presentation or any of the circumstances or data mentioned in this presentation may change. Any forward-looking statements contained in this presentation speak only as of the date of this presentation. We expressly disclaim a duty to provide updates to any forward-looking statements. Fiat does not assume and expressly disclaims any liability in connection with any inaccuracies in any of these forward-looking statements or in connection with any use by any third party of such forwardlooking statements. This presentation does not represent investment advice or a recommendation for the purchase or sale of financial products and/or of any kind of financial services. Finally, this presentation does not represent an investment solicitation in Italy, pursuant to Section 1, letter (t) of Legislative Decree no. 58 of February 24, 1998, as amended, nor does it represent a similar solicitation as contemplated by the laws in any other country or state. Copyright and other intellectual property rights in the information contained in this presentation belong to Fiat S.p.A. Fiat and FCA are trademarks owned by Fiat S.p.A. “Fiat Chrysler Automobiles” (FCA) is the name expected to be used following completion of the merger of Fiat S.p.A. into a recently formed Dutch subsidiary.