Owner of the Dodge Company
The Dodge company was originally founded as the Dodge Brothers Company in the early 1900s. In 1928, it was sold to the new Chrysler Corporation in a stock transfer for $170 million, and Chrysler successfully purchased Dodge to gain the Dodge Factory and dealership network to better compete in the low-priced car field against Ford and Chevrolet.
Currently, Stellantis, a European multinational automotive corporation, is the owner of the Dodge brand. Stellantis owns many other popular brands across the world, including Chrysler, Fiat, Jeep, and Maserati, among a few. Stellantis came into being when Fiat Chrysler Automobiles merged with Peugeot Societe Anonyme in 2021.
Therefore, Dodge is currently owned by Stellantis, a European multinational automotive corporation with headquarters in Amsterdam, Netherlands.
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Who originally owned Dodge?
John and Horace Dodge
The founders of Dodge are two brothers, John and Horace Dodge, born in Niles, Michigan. At a young age, they already had a reputation for quality and excellence in the automotive industry. In 1902, Henry Ford offered the brothers 10% of his company in return for automotive parts for his Ford vehicles.
Does Dodge still own RAM?
If you have a used RAM that dates before 2009, you might still have the “Dodge RAM” emblem. The company dropped the “Dodge” in 2009, so all trucks made from this date forward were simply “RAM trucks”. And though Dodge and RAM are still part of the same company, the trucks are labeled solely as RAM.
Who bought out the Dodge brothers?
Dillon, Read & Co
Sadly, both the Dodge brothers passed away in 1920 due to complications from the flu. Their business would prevail, though, as the widows of both Horace and John sold the business to investment bankers at Dillon, Read & Co in 1925. This deal was worth $146 million, but Dillon, Read & Co.
Who is the owner of the Dodge brand?
Stellantis North AmericaDodge
| Company type | Private (1900–28) Division (1928–present) |
|---|---|
| Key people | Timothy Kuniskis, president and CEO of Dodge brand |
| Products | Cars, SUVs, vans/minivans |
| Parent | Stellantis North America |
| Website | dodge.com |
Who owns most of Stellantis?
The ownership structure of Stellantis (STLA) stock is a mix of institutional, retail and individual investors. Approximately 30.12% of the company’s stock is owned by Institutional Investors, 0.11% is owned by Insiders and 69.77% is owned by Public Companies and Individual Investors.
Does Chrysler still own Dodge?
Technically, the answer is no. Chrysler is not Dodge, and Chrysler does not own the Dodge brand. Chrysler and Dodge have a parent company called Stellantis. Under the Chrysler and Dodge parent company, Stellantis, you’ll find other popular makes such as Jeep and RAM.
Is Dodge still American owned?
No. Stellantis, who currently owns Dodge, is headquartered in the Netherlands. Originally, Dodge was created by two American brothers in Michigan. Horace and John Dodge were the founders of the company that was initially known as Dodge Brothers Motor Company.
Did Dodge brothers own Ford?
Next, Henry Ford contracted with the brothers to build engines, transmissions and axles. Ford was unable to pay the Dodges fully in cash, so he gave them stock in his company. (In 1919, the brothers sold their Ford Motor Company stock back to Henry Ford for $25 million.)
Who currently owns Dodge?
While both Dodge and RAM are currently owned by Stellantis (formerly known as FCA group), they are their own unique automotive brands, not unlike how GMC and Chevy are their own unique brands under the General Motors umbrella.
Is Ram still made by Dodge?
If you have a used RAM that dates before 2009, you might still have the “Dodge RAM” emblem. The company dropped the “Dodge” in 2009, so all trucks made from this date forward were simply “RAM trucks”. And though Dodge and RAM are still part of the same company, the trucks are labeled solely as RAM.
