Who owns Dodge?
Dodge began as a machine shop founded by brothers John and Horace Dodge in Detroit in 1901. The business grew to become the largest machine shop in Detroit and formed a partnership with Ford Motor Co. (F +2.87%) in 1903. But just over a decade later, the Dodge brothers parted ways with Ford and decided to build their own vehicle.
The first Dodge vehicles were introduced in 1914. By 1919, Dodge was producing more than 100,000 vehicles per year. In 1928, the Chrysler Corp. acquired Dodge.
In the aftermath of the 2008 global financial crisis, Italian automaker Fiat acquired a major stake in Chrysler, which it gradually increased over several years. In 2014, Fiat completed the acquisition and formed Fiat Chrysler Automobiles (FCA). FCA later merged with Peugeot Invest to form Stellantis in 2021.
Today, Stellantis owns multiple major auto brands, including Dodge, Jeep, Chrysler, Ram, Fiat, Opel, Maserati, Citroen, and Peugeot. The company trades on the New York Stock Exchange and is a top automotive stock. It recently began selling electric vehicles in the U.S. after selling EVs in European markets for several years.