FIAT Group (Fiat S.p.A.) history, company profile (overview) and history video
Fiat SpA (or Fabbrica Italiana Automobili Torino) was an Italian holding company engaged in the automobile sector. The FIAT Group designs, produces and sells cars under the brands such as Fiat, Lancia, Alfa Romeo, Fiat Professional, Abarth, Ferrari, Maserati, Chrysler, Dodge, Jeep, Ram Truck, and SRT. In addition, it also operates in the car components sector through Magneti Marelli, Teksid, Mopar and Fiat Powertrain Technologies and in the production systems sector through Comau. Fiat SpA is also active in the publishing sector through Editrice La Stampa SpA and in the reselling of advertisement space through Publikompass SpA.
Fiat’s major shareholder is Exor S.p.A.
HISTORY
FIAT was founded in 1899 as the Società Anonima Fabbrica Italiana di Automobili – Torino, subsequently simplified to Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin). It was founded by Aristide Faccioli, Giovanni Battista Ceirano, and a group of seven businessmen and aristocrats, including cavalier Giovanni Agnelli.
In 1968, Fiat acquired Autobianchi.
In 1969, the Ferrari brand entered the group.
In 1969, The Group also acquired Lancia.
In 1971, Agnelli’s attention shifted to Abarth.
In 1986, Fiat Group acquired Alfa Romeo.
In 1990, Innocenti and Maserati also entered the Fiat Group.
Fiat S.p.A. and Chrysler Group LLC merged into Fiat Chrysler Automobiles NV (FCA) on 12 October 2014.
*Information from Forbes.com, Wikipedia.org, and www.fiat.com.
**Video published on YouTube by “Alux.com “