AUBURN HILLS, Mich. -

Effective immediately, Chrysler Group LLC is now FCA US LLC

The U.S.-based automaker said in a press release that the new name aligns with the naming approach of Fiat Chrysler Automobiles N.V. (FCA), the parent company of the Auburn Hills, Mich., carmaker.

Officials emphasized in the statement that neither the location of company headquarters (Auburn Hills) nor the company’s holdings, management, board or brands are impacted by the name change announced Tuesday morning.

The global parent company shifted to its new moniker once it was listed on the New York Stock Exchange in October.

“FCA US, together with parent FCA, continues to work toward the business plan presented on Investor Day in May 2014. Additionally, the Company remains proud of its joint heritage. FCA US continues to build upon the solid foundations first established by Walter P. Chrysler in 1925 as well as a rich Fiat heritage that dates from 1899,” the company said in the statement. 

Stay tuned to Auto Remarekting for more on this developing story.