Fiat Chrysler Automobiles NV (FCA) will be the parent company of the Fiat Group, and the company that Fiat S.p.A. will be merged into on October 12, 2014. Fiat S.p.A. (which owns Chrysler through the Fiat Group) is merging into the new Netherlands based company, and not with Chrysler. The shareholders, board, and executive management of Fiat S.p.A. remain the shareholders, board, and executive management of Fiat Chrysler Automobiles, and Chrysler Group still remains a subsidiary. Following the merger, FCA will become the owner of the Fiat group, the holding company that contains many of the company's brands, such as Ferrari, Maserati, Fiat Group Automobiles, and Chrysler Group Automobiles. Chrysler Group will continue operating as a subsidiary.