Who owns Ram Trucks? Ram is an automobile brand owned by Stellantis North America, which was previously known as Fiat Chrysler Automobiles (FCA) before merging with Groupe PSA to form Stellantis. Ram specializes in trucks and commercial vehicles. The Ram brand was initially launched by Chrysler in 1981 through its Dodge division, but separated from Dodge in 2009 to become its own distinct brand under FCA.
Company History
Ram Trucks, commonly referred to as Ram, is a brand owned by Stellantis, a multinational automotive manufacturing corporation formed in 2021. The brand’s history and ownership changes can be traced back over several decades. Here is a brief overview:
1. Dodge: Ram Trucks originated as part of the Dodge lineup under the Chrysler Corporation. The Ram name was first used in 1981 when Dodge redesigned its line of pickup trucks and launched the new generation of trucks named Dodge Ram.
2. DaimlerChrysler: In 1998, a merger between Chrysler Corporation and Daimler-Benz AG, a German automotive company, led to the formation of DaimlerChrysler AG. During this period, the Ram brand continued as a part of the Dodge division under the new parent company.
3. Cerberus Capital Management: In 2007, American private equity firm Cerberus Capital Management acquired an 80.1% stake in Chrysler, creating Chrysler LLC. Ram Trucks remained under the Dodge brand during this period as well.
4. Fiat Chrysler Automobiles (FCA): In 2009, Chrysler filed for bankruptcy and entered a partnership with Italian automaker Fiat S.p.A. The ownership of the Ram brand changed again with this alliance. In 2010, Ram Trucks was established as a standalone brand separate from Dodge under the new parent company, Fiat Chrysler Automobiles.
5. Stellantis: In January 2021, Fiat Chrysler Automobiles and the French automobile manufacturer Groupe PSA merged to form Stellantis, a multinational automotive corporation. Following this merger, Ram Trucks became a part of the Stellantis family of brands.
In summary, the ownership of Ram Trucks has changed several times throughout its history, starting with the Chrysler Corporation, moving to DaimlerChrysler AG, then Chrysler LLC, followed by Fiat Chrysler Automobiles, and ultimately becoming part of Stellantis.
Who was the original founder?
Ram Trucks, often referred to simply as Ram, is a subsidiary of Stellantis, an automotive manufacturer based in the Netherlands. Ram Trucks was established in 2010 when it was split from the Dodge brand. However, the origins of the company can be traced back to the Dodge Brothers Company. The Dodge Brothers Company was founded by two brothers, John Francis Dodge and Horace Elgin Dodge, in 1900.
They initially started out as a supplier of parts and assemblies for the emerging automotive industry in Detroit, Michigan. The Dodge brothers were known for their high-quality precision work and soon gained a reputation as reliable suppliers. Before starting their own company, the Dodge brothers had worked with several other automotive manufacturers, including Olds Motor Vehicle Company and Ford Motor Company. In fact, they were significant investors in Ford Motor Company early on, which helped facilitate their growth.
In 1914, the Dodge brothers decided to start producing their own complete vehicles under the Dodge name. Their first vehicle, the Dodge Model 30, was introduced in 1914 and was a competitor to Ford’s Model T. Tragically, both John and Horace Dodge passed away in 1920. Eventually, in 1928, the Dodge Brothers Company was sold to Chrysler Corporation.
Dodge vehicles later became known for their trucks, and in 2010, Chrysler Group spun off the truck division into its own brand, Ram Trucks. Today, Ram is known for its powerful and technologically-advanced trucks, appealing to a wide range of customers and industries.
FAQ – Who Owns Ram
1. What is Ram?
Ram is a leading American brand of light to heavy-duty trucks that are designed and manufactured by the RAM Truck Division of the multinational automaker, Stellantis.
2. Who owns Ram Trucks?
As of 2021, Ram Trucks is owned by the global automaker, Stellantis. Stellantis was formed as a result of the merger between Fiat Chrysler Automobiles (FCA) and PSA Group (Peugeot S.A. and Citroën).
3. When was Ram Trucks founded?
Ram Trucks was established as a division of Chrysler Group LLC in 2009. However, the history of Ram Trucks traces back to 1981 when the first Dodge Ram pickup was introduced.
4. Where are Ram Trucks manufactured?
Ram Trucks are primarily manufactured at the Warren Truck Assembly in Warren, Michigan, and the Saltillo Assembly in Saltillo, México.
5. What types of vehicles does Ram Trucks produce?
Ram Trucks produces a range of vehicles, including light-duty trucks (Ram 1500), heavy-duty trucks (Ram 2500 and 3500), vans (ProMaster and ProMaster City), and special edition vehicles for contractors, outdoors enthusiasts, and luxury buyers.
6. How has Ram Trucks evolved over the years?
Originally a lineup within Dodge, Ram Trucks has evolved into a separate brand known for its reliable trucks and vans. With innovative features, updated designs, and a focus on performance, Ram Trucks has established itself as a leader in the truck market.
