FIAT – news, release date, specs, price. All models of brand FIAT.
FIAT (Fabrica Italiana Automobili Torino), the largest Italian automotive Corporation. Produces passenger cars, sports cars, trucks, industrial and agricultural machinery. The Corporation also owns the enterprise for production of the aerospace products. The headquarters is located in Turin.
The company was founded in 1899 by a group of investors, among whom was Giovanni Agnelli (Giovanni Agnelli), and started building cars under license from Renault “De Dion” engine
Fiat cars designed for elite buyers has reached the constant popularity of not only Italian, but also in the global market. At the same time, the brand Fiat has won recognition in road racing, finishing at the head of such brands as “Lancia”, “Storero”, “Miller” and “Nazzaro”.
Today the total value of assets of the Agnelli family, created largely through the efforts of two Giovanni Agnelli, is estimated to be worth more than $ 100 billion. At the enterprises of the holding company “FIAT” worldwide emplloyed more than 160 thousand people. Company controlled by the family, create up to 5% of the GDP of Italy. However, the Agnelli family yet so talented entrepreneurs, as grandfather and grandson Giovanni. Only in 2006, FIAT was able to get out of the deepest crisis with the help of Sergio Marchionne. Things were so bad that in 2004, the Agnelli family was seriously thinking about closing the automotive division and the sale of assets.