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Fiat Chrysler Automobiles NV

Giovanni Agnelli, along with several other investors, founded the Fabbrica Italiana Automobili Torino (F.I.A.T.) società per azioni (S.p.a.), an Italian Automobile Factory of Turin, in 1899. The companies’ original and core activities were in the automotive industry and by 1910, Fiat was the largest automotive company in Italy.

During its more than century-long history, Fiat has also manufactured railway engines and carriages, military vehicles, farm tractors, and aircraft. In 2013, Fiat (together with Chrysler) was the second largest European automaker by volumes produced, and the seventh in the world. Over the years, Fiat has acquired numerous other automakers: it acquired Lancia in 1968, became a shareholder of Ferrari in 1969, took control of Alfa Romeo from the Italian government in 1986, purchased Maserati in 1993, and became the full owner of Chrysler Group LLC in 2014.

In 2014 Fiat S.p.A. (the former owner of Fiat Group) was merged into a new Netherlands-based holding company Fiat Chrysler Automobiles NV and ‘FCA’ became the new owner of Fiat Group. Fiat Group currently produces vehicles under twelve brands: Abarth, Alfa Romeo, Chrysler, Dodge, Ferrari, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Ram Trucks, and SRT. Fiat-brand cars are built in several locations around the world. Outside Italy, the largest country of production is Brazil, where the Fiat brand is the market leader.

 


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