Info & Stats
Dodge is an American brand of automobile manufactured by FCA US LLC (formerly known as Fiat Chrysler Group LLC), based in Auburn Hills, Michigan. Dodge vehicles currently include performance cars, though for much of its existence Dodge was Chrysler's mid-priced brand above Plymouth.
Founded as the Dodge Brothers Company machine shop by brothers Horace Elgin Dodge and John Francis Dodge in the early 1900s, Dodge was originally a supplier of parts and assemblies for Detroit-based automakers and began building complete automobiles under the "Dodge Brothers" brand in 1914, predating the founding of Chrysler Corporation. The factory was located in Hamtramck, Michigan, and was called the Dodge Main factory from 1910 until its closing in January 1980. Both the Dodge brothers died in 1920, and the company was sold by their families to Dillon, Read & Co. in 1925 before being sold to Chrysler in 1928.
In 2011, Dodge and its model sub-brands, Dodge Ram, and Dodge Viper were separated. Dodge said that the Viper would be an SRT product and Ram will be a standalone marque. In 2014, SRT was merged back into Dodge. Later that year, Chrysler Group was renamed FCA US LLC, corresponding with the merger of Fiat S.p.A. and Chrysler Group into the single corporate structure of Fiat Chrysler Automobiles.
On June 10, 2009, Italian automaker Fiat formed a partnership with Chrysler under Sergio Marchionne, with the UAW, and the US Government to form Chrysler Group LLC, of which Dodge remained fully integrated. For its part, the US Government provided more than $6 billion in loans at 21%, called a "bridge loan" or "bailout". The newly formed company went on to fully repay that loan, remortgaging to reduce the interest rate several times down to 6%.
They fully paid back the loan with interest to the U.S. Government on May 24, 2011, a full five years early. The UAW, being partners throughout the process, were paid well and above $3.9 billion in 2013 as Sergio's plan for full consolidation has continued on schedule. This has allowed Chrysler LLC to fully merge with Fiat to form FCA, Fiat Chrysler Automobiles.
Did you Know:
1. Dodge had a patnership with Ford in 1903, Ford used Dodge engines and transmissions in all of their cars.
2. Dodge once produced the most powerful American production car. The 2019 Challenger SRT Demon and it's 808HP (6.2L V8) is one of the most powerful cars ever produced.
3. The Dodge RAM pickup was the first small pickup to have an option of diesel.