In January 1979 Fiat S.p.A.'s automotive production activities were spun off into a new subsidiary, Fiat Auto S.p.A., as part of an ongoing decentralization process within Fiat.Vittorio Ghidella was named CEO.
Fiat Group Automobiles S.p.A. was created on 1 February 2007 from Fiat Auto S.p.A. Simultaneously the four divisions of Fiat Auto (Fiat, Alfa Romeo, Lancia and Fiat Veicoli Commerciali) were made into four Società per azioni, all controlled 100% by FGA. The former brand directors became CEOs of the new societies, while the employees and production facilities remained under FGA. At the same time the Abarth brand was relaunched as Abarth & C. S.p.A., a fifth independent society again owned 100% by FGA.
On December 15, 2014 Fiat Group Automobiles S.p.A. changed name to FCA Italy S.p.A.; the name change was announced to the press the following day.
Ferrari S.p.A. and Maserati S.p.A. are not under the control of FGA, and remained directly owned by the parent company Fiat S.p.A., and subsequently FCA.