Groups views on European market and broad implications on its development plans for the future

October 30, 2012

October 30, 2012 1

Safe Harbor Statement

Certain without information limitation, included any in this presentation, herein, including, is forward of the assumptions or underlying data this presentation in this or any of the may this forecasts included circumstances change. Any mentioned presentation contained in

looking and is subject to important risks and uncertainties that could cause actual results to differ materially. The Groups other its

forward-looking

statements

presentation speak only as of expressly disclaim a duty to

the date of this presentation. We provide updates to any forward-

businesses include its sectors, and its of

automotive, automotive-related is predominantly to be the based key

and

outlook what it

on

looking statements. The future financial targets included in this presentation neither any were other not examined or reviewed Such by Fiats auditor were

interpretation factors with

considers

economic statements number of

affecting to

these the

businesses.

Forward-looking involve a

accounting

firm.

financial

targets

regard

Group's

businesses

based on numerous variables and assumptions that are inherently uncertain and may be beyond the control of Fiats management. Such future financial targets, such projections, by their nature, become less reliable with each successive year. Accordingly,

important factors that are subject to change, including, but not limited to: the and many interrelated factors that for changes demand affect consumer and

confidence

worldwide products reduce

demand and relative

automotive in for

automotive-related preferences products; in each that

consumer the Groups

there can be no assurance that the such financial targets will be realized and actual results may vary materially from those shown and as such no Fiat undue does reliance assume any should and be placed upon such any

could

governmental of to the Group's

programs; markets;

general

economic

conditions that trade of

legislation, the

particularly

projections. liability in

not

expressly in

disclaims any of

relating and

automotive-related and the

issues,

environment,

connection

with

inaccuracies

these

commerce in

infrastructure various

development; in which capacity impact

actions the and of

forward-looking statements and projections or in connection with any and use by any third party This of such forward-looking does not statements represent

competitors competes;

industries

Group supply vehicle rates

production excess

difficulties,

including and

projections.

presentation

constraints, defects

inventory

levels, labor

the

investment advice or a recommendation for the purchase or sale of financial this products and/or of any not to kind of financial an services.

and/or

product

recalls;

relations;

interest

and currency exchange rates; our ability to realize benefits and synergies from our global alliance among the Groups members;

Finally,

presentation in Italy,

does

represent Section 1,

investment (t) of

solicitation

pursuant

letter

substantial debt and limits on liquidity that may limit our ability to execute the Groups combined business plans; political and

Legislative Decree no. 58 of February 24, 1998, as amended, nor does it represent a similar solicitation as contemplated by the

civil unrest; earthquakes and other risks and uncertainties. Any

laws in any other country or state.

October 30, 2012

The plan

Progress to-date
New Chrysler formed out of 363 sale June 2009 with Fiat at 20% Government loans repaid in May 2011, 6 years early; Fiat to 58.5% GEC formed to drive single management organization with 4 regional hubs Sept 2011 Chrysler sales activities integrated into Fiat in EMEA & LATAM Fiat brand successfully launched in NAFTA with Fiat 500 early 2011 Converged to 3 key architectures and launched first vehicle with New Panda (Mini), 500L (Small), Dart (Compact)
Lingotto Plan Targets (Apr 2010)
*

FIAT GROUP
67
Net revenues (bn) Trading profit (bn) pro-forma

75
3,2

2,3

2010A*
3.4%

2011A*
4.3%

Trading margin (%)

Maserati brand relaunch accelerating, 2 new sedans launching H1 2013 Integrating Fiat LCV vehicles into RAM brand to complete full-range commercial vehicle brand Completing worldwide powertrain offering with Fire 1.4 in NAFTA, Pentastar downsize for APAC, 8speed/9-speed planetary transmission APAC business developing driven by Jeep SUV success, localization started with launch of Viaggio in China Purchasing & WCM progressing with significant savings, efficiency & capacity improvement No longer a marginal player in global ranking

2010A
Net Revenues (bn) Fiat Group (pro-forma) Trading Profit (bn) Fiat Group (implied pro-forma) Trading Margin Fiat Group (pro-forma)

2011A
76 >3.0 4.0-4.8%

>64 >1.3 2.0-2.2%

DECENT

WITH EMEAS MARKET DECLINE HAVING FUNDAMENTALLY CHANGED THE LANDSCAPE

EXECUTION OF AN AMBITIOUS PLAN,

October 30, 2012

Industry trend and forecast

(mn units)
NAFTA
(passenger cars, SUV, pick-up trucks & LCVs)

~17

17,7

17,7

18,2

18,3

LATAM
(passenger cars & LCVs)

7,1

6,9
17,1 16,4 16,6

7,3

15,6 14,2
13,5
2010 2011

6,3 5,5 5,8 6,0

Fiat forecast @ 2010 Investor Day Revised forecast

15,2
Chrysler forecast @ 2009 Investor Day Revised forecast

5,2

2012E

2013E

2014E

2015E

2016E

2010

2011

2012E

2013E

2014E

2015E

2016E

APAC*
(passenger cars & LCVs)

31 29 27

EU27+EFTA
(passenger cars & LCVs)

18,2 17,4 16,5 15,4 14,4 13,9

25 ~24
Fiat forecast

15,3 14,1 13,9 14,1

14,9

15,6

2012E
*Industry

2013E

2014E

2015E

2016E 2010

Fiat forecast @ 2010 Investor Day

Revised forecast

reflects aggregate key markets where Group is competing (i.e. China, India, Japan, Australia, South Korea)

2011

2012E

2013E

2014E

2015E

2016E

October 30, 2012

Flexible work practices have allowed us to deliver on strong market demand in the Americas

CAPACITY UTILIZATION
120% 100% 80% 60% 40% 20% 0% Harbour definition Technical definition 160% 140% 120% 100%

CAPACITY UTILIZATION
Harbour definition Technical definition

107% 92% 73% 60% 49% 73%

140%

140%

143%

80% 60% 40% 20% 0%

85%

85%

88%

2010

2011

2012E 2.4

2010

2011

2012E

INDUSTRIAL FLEXIBILITY
1.6

Stable at ~90% utilization of technical capacity for many years Consistent utilization of all flexibility instruments (extra-overtime and holidays) to maximize output

FY 2010 production (mn units)

Full utilization Efficiency Additional including improvement production additional shifts (line speed through extra(Standard Union increases) overtime and Contract Terms) holidays

FY 2012E production (mn units)

Harbour definition: 235 days p.a. / 16 hours per day Technical definition: 280 days p.a./3 shifts per day for LATAM; 265 days p.a./3 shifts per day at all plants (ex Saltillo where applied 2 shifts at 285 days) for NAFTA

October 30, 2012

But Fiat Group isnt immune to the effects of the European Carmageddon
EXTERNAL MARKET FACTORS

GROUP CAPACITY UTILIZATION IN EMEA

(passenger cars & LCVs; including JVs; percent)

Slump in European market demand, with 2012 being the 5th consecutive year of decline

Expected 2012 volume of ~12.5mn passenger cars is the lowest level since 2007 and down 20+% from 16mn peak Italian market at <1.4mn units and down 40+% from 2.5mn peak in 2007 European LCV volumes expected at ~1.6 million units and down 30+% from 2.4mn peak in 2007

88% 80% ~69% 56%

Pricing pressure, especially for mass market segments Further pressure from Korean and potential Japanese and Indian FTAs Market becoming bi-polar with profitability limited to premium Low-end brands increasingly relevant in mass market Lack of visibility for recovery to pre-crisis level Structural overcapacity of European manufacturers will delay any pricing recovery Industry heavily regulated and no moves to simplify
2010 2011 2012E Technical definition
280 days p.a. / 3 shifts per day

52% ~45%

MARKET

EXPECTED TO BE FLAT IN 2013 AND THEN GRADUAL RECOVERY TO ~15MN IN 2015/2016 (PASSENGER CARS & LCVS)

Harbour definition
235 days p.a. / 16 hours per day

October 30, 2012

Our strengths and weaknesses in EMEA

Positive
Mass-market brands with strong heritage, extensive dealer network A leading position in LCV market Fiat 500 continued leadership in up-market Asegment Fiat Panda & Fiat Freemont success shows effectiveness of focus on utility / price proposition Quality problems behind us & leadership in recent products out of all production locations (Pomigliano/Tychy/Serbia) European leadership in C02 emissions for 5 years in a row Ferrari & Maserati unique iconic & profitable assets, with Maserati launching 2 new products in H1 2013 Conserved cash through 2008-2012

Negative
Portfolio heavily skewed to A- & B-segment & geographically concentrated in Southern European markets Inability to leverage Fiat brand to move into Csegment and above Historical core segments have become commodity purchases with limited ability to return capital employed LanciaChrysler integration hindered by market condition and limited brand appeal outside Italy Dealer network effectiveness still not ideal Alfa Romeo brand opportunity limited by historic lack of industrial volume in C- & Dsegment to leverage

October 30, 2012

Our starting point

A wide array of differentiated, sustainable technologies

Twinair engine, 0.9L 2-cylinder: 90

g/km NEDC CO2 emissions on Fiat 500 1.4L Turbo MultiAir engine: 41 EPA highway mpg on Dodge Dart

New generation of planetary

automatic transmissions for FWD, RWD and AWD applications Dual Dry Clutch spread across the portfolio in EMEA, NAFTA & China

Totally electric vehicle, 83 kW motor 100-mile cruising range in urban

cycle 100+ MPGe EPA label on combined cycle

The widest range of vehicles in EU New Fiat Panda powered by Twinair

Fiats leadership in flex-fuel

engine: 86 g/km NEDC CO2 emissions New Fiat 500L coming in 2013 Bio-methane application easily implementable: well-to-wheel CO2 emissions comparable to electric vehicles

technology in Brazil, utilizing variable mix of gasoline and ethanol TetraFuel first engine in the world able to run 4 different fuels: petrol, bioethanol, gasolina, natural gas

Real-time, on-board feedback on

how to improve driving style for fuel economy Available on Fiat 500L, standard on uConnect infotainment system Recorded savings on off-board Eco:Drive up to 16%

FOR
October 30, 2012

THE FIFTH YEAR IN A ROW,

EUROPEAN

LEADER IN

CO2

EMISSIONS IN

2012
8

Solving the EMEA quandary

REMAIN FOCUSED ON NON-PREMIUM MASS-MARKET AND RATIONALIZE CAPACITY BY CLOSING 1 OR MORE PLANTS
OR

LEVERAGE HISTORICAL PREMIUM BRAND HERITAGE (ALFA ROMEO & MASERATI), RE-ALIGN PRODUCT PORTFOLIO AND
REPOSITION THE BUSINESS FOR THE FUTURE

We have chosen the second option because

We have installed up-to-date available capacity in EMEA and have little capacity left elsewhere We have at least 3 brands that are capable of competing in the higher margin business Fiat-Chrysler has developed over the last 3 years the relevant architectures and baseline powertrains to enter the premium end of the business and Fiat-Chrysler has access to the NAFTA and APAC markets

October 30, 2012

Our strategy going forward

1. Focus Fiat brand on 500 and Panda as pillar vehicles (brands within a brand) and derive all future products therefrom 2. Reduce/curtail Lancia exposure, preserving uniqueness of Ypsilon and rely on Chryslers NAFTA development to feed European brand, if economically viable 3. Focus on Alfa Romeo and Maserati to access higher-end of bi-polar market 4. Fully flesh out Jeep brand by developing appropriate products for European and international markets 5. Continue to develop and maintain leading position in LCVs

OVERRIDING OBJECTIVES ARE: 1. TO UTILIZE EMEA PRODUCTION BASE TO DEVELOP OUR GLOBAL BRANDS (ALFA ROMEO, MASERATI, JEEP AND THE FIAT 500 FAMILY) 2. TO SHIFT A SIGNIFICANT PORTION OF PRODUCT PORTFOLIO TOWARDS HIGHER MARGIN
OPPORTUNITIES
October 30, 2012 10

Major new model launches in EMEA

(SoP within each year indicated)
2012 2013 2014 2015 2016

NOT CURRENTLY IN PRODUCTION ANYWHERE

VEHICLES
PRODUCED IN EMEA

IN ITALY OUTSIDE ITALY

only for EMEA only for EMEA

for EMEA and export for EMEA and export

MODEL

IN ITALY OUTSIDE ITALY

for EMEA for EMEA and export

IMPORTED
VEHICLES

New model Refresh

REFRESH

October 30, 2012

11

Synergies on capital and cost

Utilize European manufacturing base for WW volume growth

Products

needed for competitive offering in Europe are complementary to those produced in NAFTA and LATAM where production capacity is or will soon be saturated as Chrysler product offering continues to be renewed through 2015 SUV (not currently in production anywhere), Alfa Romeo and Maserati brands

Target to utilize up to 15% of capacity for export, especially for Jeep smaller Architecture allocation Italian footprint for higher value-added production Focus ex-Italy on smaller segments Working with Italian Government on actions to
export

improve competitiveness for

New Union agreement in place which addresses labor flexibility issue but need full adherence

October 30, 2012

12

Our new EMEA Targets

2012 confirmed Trading Loss of ~700 million 2013 European market expected to be flat and EMEA loss expected at similar
or slightly lower level sites

Actions

on product plan and commitment of capital to Italian manufacturing

are dependent on respect and compliance with new labor agreements; will require 24-36 months for implementation and will allow Fiat-Chrysler in EMEA to recover some market share in a more rational market and to act as export base for sales by other regions

Break-even achievable in 2015-16

October 30, 2012

13

2012-14 Group financial targets

Old vs. new plan (IFRS)

2012E
Investor Day 2010 Volumes (units/mn) Revenues (bn) Trading Profit (bn) Trading Margin EBITDA (bn) ~4.8 Revised

2013E
Investor Day 2010 ~5.5 Revised

2014E
Investor Day 2010 ~6.0 Revised

~4.2

4.3-4.5

4.6-4.8

~85

~83

~97

88-92

~104

94-98

~4.6

~3.8

~6.1

4.0-4.5

~7.5

4.7-5.2

~5.4%

~4.6%

~6.3%

4.6%-4.9%

~7.2%

5.0%-5.3%

9.8-10.6

~8.0

11.9-12.7

9.0-9.5

13.8-14.6

10.3-10.8

EBITDA %

~11.5%

~9.6%

~12.3%

~10.3%

~13.3%

~11.0%

Capex (bn) Capex/D&A ratio

~8.0

~7.5

~6.2

7.5-8.5

~6.2

8.5-9.5

~1.5

~1.9

~1.1

1.6-1.8

~1.0

1.6-1.8

October 30, 2012

14

Some conclusions

EMEA will continue to provide great challenges for everyone for many years to
come

Fiat-Chrysler
because

decision to shift product portfolio is the preferred choice

It is the best economic alternative Group has all necessary elements to execute (brands, architectures, powertrains, installed capacity and experienced workforce) Group can manage financial requirements for implementation

NOT FOR THE FAINT-HEARTED, BUT A POTENTIALLY EXCITING FUTURE

October 30, 2012

15

Contacts

GROUP INVESTOR RELATIONS TEAM

Marco Auriemma

+39-011-006-3290

Vice President

Alexandra Deschner Timothy Krause Paolo Mosole Sara Nicola Maristella Borotto

+39-011-006-2308 +1-248-512-2923 +39-011-006-1064 +39-011-006-2572 +39-011-006-2709

fax: +39-011-006-3796

email: websites:

investor.relations@fiatspa.com www.fiatspa.com www.chryslergroupllc.com

October 30, 2012

16