Fiat

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Group.png Fiat  
(Auto industryInstagram TwitterRdf-entity.pngRdf-icon.png
Fiat.png
Formation1899
HeadquartersLingotto, Turin, Piedmont, Italy
LeaderFiat/Chairman
SubpageFiat/Chairman
The largest automobile manufacturer in Italy.

Fiat Automobiles S.p.A. (Italian: Fabbrica Italiana Automobili Torino, lit. 'Italian Automobiles Factory, Turin') is an Italian automobile manufacturer and industrial group owned by the mighty Agnelli family, which has dominated Italian economic and political life for more than a century, including deep politics.

History

Fiat was founded in 1899 by a group of investors, including Giovanni Agnelli (1866-1945). During its more than century-long history, Fiat has also manufactured railway engines and carriages, military vehicles, farm tractors, and aircraft.

In 2014 Fiat merged with Chrysler to Fiat Chrysler Automobiles N.V., often abbreviated as FCA, becoming an Italian-American multinational corporation. The group was established in October 2014 by merging Fiat and Chrysler into a new holding company. Fiat Chrysler Automobiles' corporate headquarters is domiciled in Amsterdam, and the financial headquarters are in London, both for tax purposes. The holding company is listed on the New York Stock Exchange and Milan's Borsa Italiana. Exor N.V., an Italian investment group controlled by the Agnelli family, owns 29.19% of FCA and controls 44.31% through a loyalty voting mechanism



References


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