The merger become effective 12th October and the company started trading on the NYSE at 9:30AM New York time on 13th October and shortly thereafter on the Milan.

Commenting on the merger, Ian Fletcher of IHS Automotive said that it has taken over five years for Fiat to finally merge with Chrysler Group after gaining approval from the US Supreme Court to acquire the assets in June 2009 following the US automaker's managed bankruptcy process.

He added: ‘While the listing on NYSE is a positive step for FCA and its ability to tap the US financial markets, it has raised some questions and concerns from the financial community. This includes the weaker news from Ford and General Motors (GM) with regards to their financial forecasts recently, as well as the complexity of the structure of the business which as well as dual listing in the United States and Italy has its company holdings registered in Netherlands and its headquarters in London (United Kingdom). It also still has to adhere to US accounting standards.

‘With this now complete, FCA will now be focusing on hitting the ambitious goals that were laid out during an investor day in May. Under this strategy, the company anticipates that it will grow global consolidated volumes to 6.3 million units and JV volumes to 0.7 million units, up from 4.4 million units in 2013. Of this, around 1.9 million will stem from the Fiat brand, 1.9 million from Jeep, 1.2 million from the combined commercial vehicle offerings of Ram and Fiat Professional, 800,000 units from Chrysler and Lancia, 700,000 units by Dodge, 400,000 units at Alfa Romeo and around 80,000 units seen by its luxury offerings Ferrari and Maserati. This will also coincide with gains in all its existing key markets, including a rebound in Europe, Middle East and Africa. However, IHS Automotive does not currently expect this plan to succeed, with an anticipation that sales by 2018 will reach 5.1 million units, which would still be an 18.5% gain from 2013 and 14% up on our expected forecast for this year. Although we envisage Chrysler/Lancia coming close to forecast sales and the Fiat and Fiat Professional/Ram brands making improvements, we feel other targets are going to be missed; particularly those for Jeep, Dodge and Alfa Romeo.’