Fiat is the most important Italian manufacturer of our times. It is part of a powerful automotive conglomerate that integrates brands Abarth, Alfa Romeo, Ferrari, Lancia, Maserati.
It is also a shareholder in the American Group, Chrysler Group. This makes it one of the largest enterprises of the sector worldwide, with numerous models of success in their history. The name Fiat is an acronym for Fabbrica Italiana Automobili Torino.
Beginning of Fiat
The origin of this company took place in July 1899, growing industry of Turin; When a few Italian financiers led by Giovanni Agnelli, decided to meet to form a company producing automobiles. Thus arose the "Societ? Anonima Fabbrica Italiana Automobili Torino". They opened its first plant in 1990, in Corso Dante. Cars were manufactured as the 3/12 HP.
For 1908, when you sign it already you quoted on stock exchange and made engines for trucks, trams and boats, bearings and hire civil and industrial; they arrived in the United States. A year later they opened in the United States.UU. the Pourghkeepsie plant. During the first world war, Fiat manufactured many machines designed for the army, but they do not put aside the original vision; become leaders producing street cars but also they would include electricity, steel and railway industry.
Between 1916 and 1920 built factory Lingotto (Via Nizza), the largest in Europe by that time. From here came out models such as the Fiat 501, 505, 510, 519 or 509. In the 1920s were pioneers in the sector by giving social benefits to their workers in education, health and other fields.
In 1934 the plant of Moscow (Russia) starts to work. But with the arrival of the dictator Mussolini had to focus on domestic market aside from the international. When Giovanni Agnelli died in 1945, the Presidency of Fiat took Vittorio Valletta. After the second war, launches the 500B Fiat saloon and familiar, the 1100E, 1500E and Fiat 1400. The first diesel cars came out in 1953. Two years later they presented the successful Fiat 600 which produced more than 4 million.
The expansion of Fiat
In the 1960s the expansion of Fiat is very considerable, opening several plants around the world, increasing the number of exports, manufactured and used car lot. In 1969 social strikes that affected the company's profitability has suffered, but was able to recover.
1979 Abarth, Lancia and Autobianchi brands belong to Fiat, as well as most of Ferrari. Then acquired Alfa Romeo and Maserati. In the early 1980s two emblematic models were released: the Fiat Panda and Fiat Uno.
In the 1990s expands international presence, and highlights the launch of the Fiat Punto, which was the 'car of the year' in 1995. In the new Millennium (2009), Fiat formed an alliance with Chrysler and further expanded its global presence.