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Encyclopedia > Fiat

Coordinates: 45.03241° N 7.667255° E Map of Earth showing lines of latitude (horizontally) and longitude (vertically), Eckert VI projection; large version (pdf, 1. ...

Fiat S.p.A.
Type Public (BIT: F)
Founded July 11 1899
Headquarters Flag of Italy Turin, Italy
Key people Luca Cordero di Montezemolo Chairman
John Elkann Vice Chairman
Sergio Marchionne C.E.O.
Industry Automotive, publishing, finance, and metallurgy
Products Automobiles, Commercial vehicles :Trucks, Buses, Agricultural and Construction Equipment, Components and Production Systems, Services, La Stampa
Revenue 58.529 billion (2007)[1]
Net income 2.054 billion (2007)[1]
Employees 172,012 (2006)[1]
Subsidiaries Automobiles
Ferrari S.p.A.
Maserati S.p.A.
Fiat Group Automobiles S.p.A. Agricoltural and Construction Equipment Commercial Vehicles Components and Production system Other Business
Website www.fiatgroup.com

Fiat S.p.A. (Fiat Group) is an Italian automobile manufacturer, engine manufacturer, financial and industrial group based in Turin, Northern Italy. Founded in 1899 by a group of investors including Giovanni Agnelli, the company name FIAT is an acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), and it also means "let there be" in Latin. Fiat also manufactured tanks and aircraft during the Mussolini years. Look up fiat in Wiktionary, the free dictionary. ... Image File history File linksMetadata Fiat_logo. ... This article does not cite any references or sources. ... The Borsa Italiana S.p. ... Year 1899 (MDCCCXCIX) was a common year starting on Sunday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Friday [1] of the 12-day-slower Julian calendar). ... Image File history File links Flag_of_Italy. ... Torino redirects here. ... FIAT president Luca di Montezemolo The Marquis Luca Cordero di Montezemolo (b. ... To meet Wikipedias quality standards, this article may require cleanup. ... Sergio Marchionne Sergio Marchionne is the chief executive officer of the Fiat Group. ... Car redirects here. ... Trucks can refer to several things: The plural of: Truck, the motorized vehicle Truck, other uses of the singular As a name: Trucks was a rock band Trucks is a short story by Stephen King Trucks is a movie based on the Stephen King short story Trucks! is a television... Autobus redirects here. ... An excavator. ... La Stampa is one of the best-known and most widely sold Italian daily newspapers, published in Turin and distributed in Italy and in other nations in Europe. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... For other uses, see Euro (disambiguation). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... For other uses, see Euro (disambiguation). ... This article is about work. ... A subsidiary, in business, is an entity that is controlled by another entity. ... This article is about the automobile manufacturer. ... This article is about the automobile manufacturer. ... Abarth logo Abarth is an Italian racing car maker founded by Italian-Austrian Karl (Carlo) Abarth in Turin in 1949. ... Alfa Romeo is an Italian automobile manufacturer founded in 1910. ... Fiat Professional logo Fiat Professional is the new brand name for Fiat Autos Light Commercial Vehicles division. ... Lancia is an Italian automobile manufacturer founded in 1906 by Vincenzo Lancia and which became part of the Fiat Group in 1969. ... CNH Global N.V. (short for Case-New Holland; NYSE: CNH-ADRs) is the second largest manufacturer of agricultural equipment and the third largest maker of construction equipment in the world. ... Iveco is a European truck, bus, and diesel engine manufacturer, based in Turin, Italy. ... Magneti-Marelli is an Italian company which designs and produces high-tech components and systems for the automotive industry. ... La Stampa is one of the best-known and most widely sold Italian daily newspapers, published in Turin and distributed in Italy and in other nations in Europe. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... Image File history File links Question_book-3. ... Automakers, also known as carmakers, automobile manufacturers, motor manufacturers, or the automobile industry are companies that design and manufacture automobiles. ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ... FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. ... Torino redirects here. ... Northern Italy comprises of two areas belonging to NUTS level 1: North-West (Nord-Ovest): Aosta Valley, Piedmont, Lombardy, Liguria North-East (Nord-Est): Friuli-Venezia Giulia, Veneto, Trentino-Alto Adige/Südtirol, Emilia-Romagna Friuli-Venezia Giulia, Trentino-Alto Adige/Südtirol and Aosta Valley are regions with a... Giovanni Agnelli. ... It has been suggested that this article or section be merged with Backronym and Apronym (Discuss) Acronyms and initialisms are abbreviations, such as NATO, laser, and ABC, written as the initial letter or letters of words, and pronounced on the basis of this abbreviated written form. ... Torino redirects here. ... Latin was the language originally spoken in the region around Rome called Latium. ... The US M1A1 Abrams tank is a typical modern main battle tank. ... Flying machine redirects here. ... Mussolini redirects here. ...


Fiat branded cars are constructed all around the world besides Italy, the biggest industry of the company outside Italy is in Brazil (best seller [2]), also has factories in Poland and Argentina. Joint Venture productions in France, Turkey, Egypt (with the state owned Nasr car company), South Africa, India and China. Nasr, (Arabic: , long form: El Nasr Automotive Manufacturing Company) is Egypts state owned automobile company, founded in 1960 in Helwan, Egypt. ...


Agnelli's grandson Gianni Agnelli was Fiat chairman from 1966 until his death on January 24, 2003. However, from 1996, he only served as an "honorary" chairman, while the chairman was Cesare Romiti. After their removal, Paolo Fresco served as chairman and Paolo Cantarella as CEO. Umberto Agnelli then took over as chairman from 2002 to 2004. After Umberto Agnelli's death on May 28, 2004, Luca Cordero di Montezemolo was named chairman, but Agnelli heir John Elkann became vice chairman at age 28 and other family members are on the board. At this point, CEO Giuseppe Morchio immediately offered his resignation. Sergio Marchionne was named to replace him on June 1, 2004. Gianni Agnelli. ... is the 24th day of the year in the Gregorian calendar. ... Year 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Umberto Agnelli, (November 1, 1934 - 28 May 2004) was the chairman of Italian carmaker Fiat from early 2003 until his death. ... is the 148th day of the year (149th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... FIAT president Luca di Montezemolo The Marquis Luca Cordero di Montezemolo (b. ... To meet Wikipedias quality standards, this article may require cleanup. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Sergio Marchionne Sergio Marchionne is the chief executive officer of the Fiat Group. ... is the 152nd day of the year (153rd in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...

Contents

Activities

FIAT Group Revenues by Industry in 2004
FIAT Group Revenues by Industry in 2004

The group's activities were initially focused on the industrial production of cars, industrial and agricultural vehicles. Over time it has diversified into many other fields, and the group now has activities in a wide range of sectors in industry and financial services. It is Italy's largest industrial concern. It also has significant worldwide operations, operating in 61 countries with 1,063 companies that employ over 223,000 people, 111,000 of whom are outside Italy. Image File history File links Download high resolution version (941x709, 29 KB) Source . ... Image File history File links Download high resolution version (941x709, 29 KB) Source . ...


Automobiles

Fiat 500 (2007) in Turin
Fiat 500 (2007) in Turin
Fiat Grande Punto
Fiat Grande Punto

Fiat Group is the largest automobile manufacturer in Italy, with a range of cars starting from small Fiats to sports cars made by Ferrari. Car companies includes Fiat Group Automobiles S.p.A, Ferrari S.p.A., Iveco S.p.A. and Maserati S.p.A.. The Fiat Group Automobiles S.p.A consist companies: Abarth & C. S.p.A., Alfa Romeo Automobiles S.p.A, Fiat Automobiles S.p.A, Fiat Professional and Lancia Automobiles S.p.A. . Ferrari S.p.A. is owned by the Fiat Group, but is run autonomously. Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (1024 × 768 pixel, file size: 365 KB, MIME type: image/jpeg) Fiat 500 shown in Turin. ... Image File history File linksMetadata Size of this preview: 800 × 600 pixelsFull resolution (1024 × 768 pixel, file size: 365 KB, MIME type: image/jpeg) Fiat 500 shown in Turin. ... Image File history File links Download high-resolution version (2383x1413, 526 KB) Description: Fiat Grande Punto Source: Own picture File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Fiat ... Image File history File links Download high-resolution version (2383x1413, 526 KB) Description: Fiat Grande Punto Source: Own picture File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Fiat ... This article is about the automobile manufacturer. ... Iveco is a European truck, bus, and diesel engine manufacturer, based in Turin, Italy. ... This article is about the automobile manufacturer. ... Abarth logo Abarth is an Italian racing car maker founded by Italian-Austrian Karl (Carlo) Abarth in Turin in 1949. ... Alfa Romeo is an Italian automobile manufacturing company, founded as Darracq Italiana by Cavaliere Ugo Stella, an aristocrat from Milan in partnership with the French automobile firm of Alexandre Darracq. ... Lancia (pronounced Lan-cha) is an Italian automobile manufacturer founded in 1906 by Vincenzo Lancia and which became part of the Fiat Group in 1969. ... This article is about the automobile manufacturer. ...


The European Car of the Year award, Europe's premier automotive trophy for the past 40 years, has been awarded twelve times to the Fiat Group, more than any other manufacturer. Most recently the Fiat Nuova 500 has won the award for European Car of the Year 2008.[3] The European Car of the Year award was established in 1964 by a collective of automobile magazines from different countries in Europe. ... Some loving-cup trophies seen in the London Irish clubhouse at Sunbury in 2002. ... Fiat 500 in Piazza San Carlo, Turin. ... The European Car of the Year award was established in 1964 by a collective of automobile magazines from different countries in Europe. ...


List of Fiat Group models which have won European Car of the Year:

For Fiat branded cars see List of Fiat models since 1899 It has been suggested that Fiat 124 Sport Spider be merged into this article or section. ... The 128 was a subcompact automobile manufactured by the Italian manufacturer Fiat from 1969 to 1985. ... The Fiat 127 was a supermini automobile produced by the Italian manufacturer Fiat between 1971 and 1987. ... The Lancia Delta is a small family car produced by Italian automaker Lancia from 1979 to 1994. ... The Fiat Uno is a supermini car produced by the Italian manufacturer Fiat. ... The Fiat Tipo was a small family car produced by the Italian manufacturer Fiat between 1988 and 1995. ... The Fiat Punto is a supermini produced by the Italian manufacturer Fiat since 1993. ... The Fiat Bravo and Fiat Brava are two small family cars produced by the Italian automaker Fiat from 1995 to 2001. ... The Alfa Romeo 156 (known internally as the type 932) is a compact executive car introduced by Italian automaker Alfa Romeo at the 1997 Frankfurt Motor Show[2]as the replacement for the 155. ... The Alfa Romeo 147 is a small family car produced by Italian automaker Alfa Romeo since 2000. ... The Fiat Panda is a city car from the Italian automotive manufacturer Fiat. ... Fiat 500 in Piazza San Carlo, Turin. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...


Agricultural and construction equipment

Fiat Group owns CNH Global (which includes Case Construction, Case IH, Flexi-Coil, Kobelco, New Holland, New Holland Construction, and Steyr); and Fiat-Hitachi Construction. CNH is the second largest agricultural equipment manufacturer in the world after Deere & Company. It is also the third largest producer of construction equipment after Caterpillar Inc. and Komatsu. CNH accounts for around 20% of revenues.[4] CNH is the most prized company inside Fiat because it has driven growth and is very profitable. It also shows great promise for growth in third-world markets.[citation needed] CNH Global N.V. (short for Case-New Holland; NYSE: CNH-ADRs) is the second largest manufacturer of agricultural equipment and the third largest maker of construction equipment in the world. ... It has been suggested that Hitachi Works be merged into this article or section. ... Deere & Company (usually known by its brand name John Deere) (NYSE: DE) is an American corporation based in Moline, Illinois, and the leading manufacturer of agricultural machinery in the world. ... Caterpillar Inc. ... Komatsu Limited ) or Komatsu Hanomag excavator in Germany Komatsu construction vehicle in New Orleans, Louisiana (USA) Komatsu (コマツ) (TYO: 6301) is a Japanese company that manufactures construction, mining, and military equipment, industry machinery such as press machines, lasers, and thermoelectric modules. ...


Commercial vehicles

The new Fiat Professional logo
The new Fiat Professional logo

Commercial vehicles (Iveco and Seddon Atkinson), buses (Iveco and Irisbus) and firefighting vehicles (Camiva, Iveco and Magirus). For information on their military vehicles, see Ariete. Image File history File linksMetadata Size of this preview: 662 × 599 pixelsFull resolution (1024 × 927 pixel, file size: 465 KB, MIME type: image/jpeg) Fair use for logo purposes on the article Fiat Professional (Fiat Group/Fiat S.p. ... Image File history File linksMetadata Size of this preview: 662 × 599 pixelsFull resolution (1024 × 927 pixel, file size: 465 KB, MIME type: image/jpeg) Fair use for logo purposes on the article Fiat Professional (Fiat Group/Fiat S.p. ... Iveco is a European truck, bus, and diesel engine manufacturer, based in Turin, Italy. ... Seddon Atkinson are a manufacturer of HGVs based in Oldham, Lancashire, United Kingdom. ... Iveco is a European truck, bus, and diesel engine manufacturer, based in Turin, Italy. ... Irisbus Citelis in Germany Iribus Agora buses in Cluj-Napoca, Romania Irisbus is a European bus manufacturer which was formed through the merger of bus and coach divisions of Fiat, Iveco and Renault in January 1999. ... Iveco is a European truck, bus, and diesel engine manufacturer, based in Turin, Italy. ... Iveco-Magirus fire truck. ... This article is about the tank. ...


On 17 April 2007 "Fiat Veicoli Commerciali" was rebranded as "Fiat Professional".[5] is the 107th day of the year (108th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... Fiat Professional logo Fiat Professional is the new brand name for Fiat Autos Light Commercial Vehicles division. ...


Some of Fiat's Light Commercial Vehicle products include; Fiat Ducato, Fiat Scudo and Fiat Doblò Cargo. See Fiat Professional for more details on Fiat's Light Commercial Vehicle Products. The Fiat Ducato is a large van produced by Fiat. ... The Fiat Scudo is a medium-sized van. ... The Fiat Doblò is a small family MPV, based on Fiats small van of the same name. ... Fiat Professional logo Fiat Professional is the new brand name for Fiat Autos Light Commercial Vehicles division. ...


Motorcycles and aeronautics

Fiat G91T training aircraft
Fiat G91T training aircraft

In 1959, Piaggio came under the control of the Agnelli family. Resultantly, in 1964 the aeronautical and motorcycle divisions split to become independent companies; the aeronautical division was named IAM Rinaldo Piaggio. Today the airplane company Piaggio Aero is controlled by the family of Piero Ferrari, which also still hold 10% of the carmaker Ferrari. Piaggio is a company based in Italy that produces cars, motorcycles, scooters and aeroplanes. ... This article is about the automobile manufacturer. ...


Vespa thrived until 1992, when Giovanni Alberto Agnelli became CEO - but Agnelli was already suffering from cancer, and died in 1997. In 1999, Morgan Grenfell Private Equity acquired Piaggio This article is about the Italian motor scooter. ... J. S. Morgan & Co. ...

Main article: Fiat Aviazione

Fiat itself was an important aircraft manufacturer, focused mainly on military aviation. After the World War I, Fiat consolidated several Italian small aircraft manufacturers, like Pomilio and Ansaldo. Most famous were Fiat biplane fighter aircraft of the 1930s, Fiat CR.32 and Fiat CR.42. Other notable designs were fighters CR.20, G.50, G.55 and a bomber, the Fiat BR.20. In 1950s, the company designed the G.91 light ground attack plane. Then, in 1969 Fiat Aviazione merged with Aerfer to create Aeritalia. “The Great War ” redirects here. ... Fabbrica Aeroplani Ing. ... Ansaldo was one of Italys oldest and most important mechanical companies, existing for 140 years from 1853 to 1993. ... An A-10 Thunderbolt II, F-86 Sabre, P-38 Lightning and P-51 Mustang fly in formation during an air show at Langley Air Force Base, Virginia. ... Fiat CR.32 The Fiat CR.32 was a Italian biplane fighter used in the Spanish Civil War and WW2. ... Fiat CR.42 Falco The Fiat CR.42 Falco (Falcon) was a biplane which served as the primary fighter aircraft of Italys Regia Aeronautica at the outbreak of World War II. // Development The epitome of a biplane fighter, CR.42 represented evolution of the Italian designs starting with Fiat... The Fiat CR.20 was an Italian biplane fighter used during the 1920s and 1930s. ... Fiat G.50 The Fiat G.50 Freccia (Italian: Arrow) was an Italian fighter aircraft of World War II. It was the first Italian low-wing monoplane fighter with enclosed cockpit and retractable landing gear to go into production (without the enclosed cockpit though, as Italian pilots felt uncomfortable with... The Fiat G.55 Centauro (Italian: Centaur) was a single-engine single-seat World War II fighter aircraft used by the Italian Air Force in 1943-1945. ... The Fiat BR.20 Cicogna (Italian: stork) was a twin engined World War II bomber in the Italian Regia Aeronautica. ... The Aeritalia G.91, also known as the Fiat G.91 and nicknamed Gina, was an Italian fighter aircraft that was intended to serve as standard equipment for NATO air forces in the 1960s. ... Aerfer was an Italian manufacturing company created in 1955 by the merger of IMAM and Meridionali. ... Aeritalia is an aerospace engineering corporation based in Italy, originally Fiats Aircraft division before being renamed, now part of Alenia Aeronautica. ...


Components

The major Italian component maker Magneti Marelli is owned by Fiat, and in turn owns the other brands Carello, Automotive Lighting, Siem, Cofap, Jaeger, Solex, Veglia Borletti, Vitaloni, and Weber; other accessory brands include Riv-Skf and Brazilian Cofap. Magneti-Marelli is an Italian company which designs and produces high-tech components and systems for the automotive industry. ... Solex was a French manufacturer of carburetors and powered bicycles. ... 1961 Ferrari 250TR Spyder engine fitted with 6 Weber 2 barrel downdraft carburetors Weber carburetors were originally produced in Italy by Edoardo Weber as part of a conversion kit for 1920s Fiats. ...


Metallurgical products

Fiat owns a metal company, Teksid.


Production systems

Production systems are made mainly through Comau S.p.A. (now Comau Systems), which bought the American Pico, Renault Automation and Sciaky and produces industrial automation systems. In the 1970s and 1980s, the company became a pioneer in the use of industrial robotics for the assembly of motor vehicles. Fiat assembly plants are among the most automated and advanced in the world.


Services

An important insurance company, Toro Assicurazioni, allows Fiat to control a relevant part of this market (also with minor companies like Lloyd Italico and Augusta Assicurazioni) and to interact with some associated banks. Toro Assicurazioni was acquired by the giant insurance company Assicurazioni Generali and now is not related to the Fiat Group anymore.


Construction

Ingest Facility and Fiat Engineering work in various fields of construction, while IPI is a mediation company that also deals with the management of real estate properties.


Information technology

Fiat Group is present in IT fields and in communications with ICT - Information & Communication Technology, Espin, Global Value, TeleClient, and Atlanet.


Leisure

The Fiat group owned the Sestriere skiing facilities (The village in the Alps is a creation of Agnelli family). The Sestriere skiing facilities was sold by the group in 2006. Sestriere (French: Sestrières) is an alpine village in Italy, a [[comune of the Province of Turin, at 44°57′N 6°53′E, at 2035 m above sea-level, with 838 inhabitants (2003). ... Alp redirects here. ... Sestriere (French: Sestrières) is an alpine village in Italy, a [[comune of the Province of Turin, at 44°57′N 6°53′E, at 2035 m above sea-level, with 838 inhabitants (2003). ...


Publishing and communication

Fiat group also owns important editorial brands, like La Stampa (created in 1926 for the famous newspaper), Itedi, and Italiana Edizioni. Some national and local newspapers are owned or otherwise controlled by the different companies. A specialised advertising space reseller is Publikompass, supported by the Consorzio Fiat Media Center. La Stampa is one of the best-known and most widely sold Italian daily newspapers, published in Turin and distributed in Italy and in other nations in Europe. ...


Other activities

Fiat Gesco, KeyG Consulting, Sadi Customs Services, Easy Drive, RM Risk Management and Servizio Titoli are minor companies that work for public services, delivering services in economics and financial fields. Other activities include industrial securitisation (Consorzio Sirio), treasury (Fiat Geva), Fiat Information & Communication Services.


Fiat supports the Fondazione Giovanni Agnelli, an important foundation for social and economic research. Palazzo Grassi, a famous ancient building in Venice, now a museum and formerly supported by Fiat, was eventually sold to the french businessman François Pinault in January 2005. To meet Wikipedias quality standards, this article or section may require cleanup. ... For other uses, see Venice (disambiguation). ... Pinault is a surname, and may refer to: François Pinault Clément Pinault François-Henri Pinault Thomas Pinault Pineau This page or section lists people with the surname Pinault. ...


Fiat has recently begun sponsoring the Jamaican bobsledding team and promoting this sponsorship through commercials. Many like Jamaican athletes because they see them as underdogs and as people who enjoy life. While Volvo sponsors golf, Mercedes tennis, and Hyundai soccer, Fiat is trying to look unique and more light-hearted. Further, the team is relatively cheap to sponsor.[6]


The group is present in many countries, not only in the West. Notably, it was one of the first companies to build factories in Soviet-controlled countries, with the best known examples in Vladivostok, Kyiv and Togliatti. The Russian government later continued the joint venture under the name AutoVAZ (known as Lada outside the former USSR). The venture was most notable for the Lada Riva. Fiat also has a subsidiary in Poland at Tychy, (formerly called FSM) where Fiat's small cars (the 126, Cinquecento and now Seicento) are made. Fiat also has factories in Argentina, Brazil, and Italy. In addition, its cars are produced through licensing and joint-venture agreements in China, Egypt, France, India, South Africa, Turkey, and Vietnam.[7] Local variants of Fiats are produced at these factories as well as a world car, the Palio. As of 2005, the company holds the first position in the Brazilian automobile market with a market share close to 25%. Vladivostok (Russian: ) is the administrative center of Primorsky Krai, Russia, situated close to the Russo-Sino border and North Korea. ... Kiev (Київ, Kyiv, in Ukrainian; Киев, Kiev, in Russian) is the capital and largest city of Ukraine, located in the north central part of the country on the Dnieper river. ... Vasily Tatishchev monument in Toliatti Tolyatti (Толья́тти) is a city in Samara Oblast, Russia. ... This page is about a car manufacturer. ... For other uses, see Lada (disambiguation). ... Lada Riva. ... Tychy (pronounce: [tixi], German: ) is a city in southern Poland with a population of 132,600. ... {{Infobox Automobile | image = Fiat 126 | name = Fiat 126 | manufacturer = Fiat | production = 1972-2000sfdsfsfsdfsfsdfdsf| class = city car RR | body_style = 2-door saloon | engine = 594 cc Flat-2 652 cc Flat-2 | transmission = | length = 3. ... Fiat Cinquecento Sporting The Fiat Cinquecento is a city car released by Fiat in late 1991 to replace the 126. ... The Fiat Seicento is a city car produced by the Italian company Fiat since 1998 as a replacement to the Fiat Cinquecento. ... A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ... The Fiat Palio is a supermini designed by the Italian manufacturer Fiat as a world car, aimed at developing countries. ...


Fiat has articulated that it wishes to focus on expanding into third-world markets because, in the words of former chairman Paolo Fresco, "those are the only markets where you can expect growth.[7] And it is true that Fiat's specialization in smaller cars puts it at an advantage in those markets, but cars sold in third-world countries tend to be much simpler than those sold elsewhere (e.g., most lack air conditioning), and thus require much less money to develop.


History

Fiat 3 ½ CV (1899)
Fiat 3 ½ CV (1899)

Giovanni Agnelli founded Fiat in 1899 with several investors and led the company until his death in 1945, while Vittorio Valletta administered the day-to-day activities of the company. Its first car the 3 ½ CV (of which only eight copies were built, all bodied by Alessio of Turin)[8] strongly resembled contemporary Benz,[9] and had a 697 cc (42.5 cu in) boxer twin engine.[10]In 1903, Fiat produced its first truck.[11] In 1908, the first Fiat was exported to the US.[11] That same year, the first Fiat aircraft engine was produced. Also around the same time, Fiat taxis became somewhat popular in Europe.[12] By 1910, Fiat was the largest automotive company in Italy — a position it has retained since. That same year, a plant licensed to produce Fiats in Poughkeepsie, NY, made its first car. This was before the introduction of Ford's assembly line in 1913. Owning a Fiat at that time was a sign of distinction. A Fiat sold in the U.S. cost between $3,600 and $8,600, compared to US$825 the Model T in 1908.[citation needed] Vittorio Valletta (28 July 1883 - 10 August 1967) was an Italian industrialist and President of Fiat from 1946 to 1966. ... The FIAT 4 HP, sometimes called the 3 ½ HP, was the first model produced by FIAT. Eight examples were produced in its first year (1899). ... Benz can refer to: Karl Benz, a German automobile engineer and inventor Mercedes-Benz, a brand of automobiles and trucks Kafi Benz, an American writer, historian, designer, and artist, the founder of Friends of Seagate Inc. ... Poughkeepsie redirects here. ... The Ford Model T (colloquially known as the Tin Lizzie and the Flivver) was an automobile produced by Henry Fords Ford Motor Company from 1908 through 1927. ...


Upon the entry of the US into World War I in 1917, the factory was shut down as US regulations became too burdensome. At the same time, Fiat had to devote all of its factories to supplying the Allies with aircraft, engines, machine guns, trucks, and ambulances. After the war, Fiat introduced its first tractor, the 702.[13] By the early 1920s, Fiat had a market share in Italy of 80%.[14] “The Great War ” redirects here. ... Map of the World showing the participants in World War I. Those fighting on the Allies side (at one point or another) are depicted in green, the Central Powers in orange, and neutral countries in gray. ...

Lingotto factory (today)
Lingotto factory (today)

In 1921, workers seized Fiat's plants and hoisted the red flag of communism over them. Agnelli responded by quitting the company. However, the Italian Socialist Party and its ally organization, the General Confederation of Labor, in an effort to effect a compromise with the centrist parties ordered the occupation ended. In 1922, Fiat began to build the famous Lingotto car factory — the largest in Europe up to that time — which opened in 1923. It was the first Fiat factory to use assembly lines; by 1925, Fiat controlled 87% of the Italian car market.[15] In 1928, with the 509, Fiat included insurance in the purchase price.[16] Lingotto is a district of Turin, Italy, but the name is most associated with the Lingotto building on the Via Nizza, which once was a huge car factory, constructed by Fiat. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Lingotto is a district of Turin, Italy, but the name is most associated with the Lingotto building on the Via Nizza, which once was a huge car factory, constructed by Fiat. ... Fiat 509 at the European Motor Show Brussels 2006; this particular car is painted to resemble Gaston Lagaffes car The Fiat 509 was a model of car produced by Italian automotive manufacturer Fiat between 1925 and 1929; Features The Fiat 509 was fitted with a 990 cc engine. ...


Fiat made military machinery and vehicles during World War II for the Army and Regia Aeronautica and later for the Germans. Fiat made obsolete fighter aircraft like the biplane CR.42, which was one of the most common Italian aircraft, along with Savoia-Marchettis, as well as light tanks (obsolete compared to their German and Soviet counterparts) and armored vehicles. The best Fiat aircraft was the G.55 fighter, which arrived too late and in too limited numbers. In 1945 — the year Mussolini was overthrown - the Italian Committee of National Liberation removed the Agnelli family from leadership roles in Fiat because of its ties to Mussolini's government. These were not returned until 1963, when Giovanni's grandson, Gianni , took over as general manager until 1966, as chairman until 1996. Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... Coat of Arms of the Italian Army Dardo IFV on exercise in Capo Teulada Soldiers of the 33rd Field Artillery Regiment Acqui on parade The Italian Army (Esercito Italiano) is the ground defense force of the Italian Republic. ... Insignia applied with a decal on the tail of the Règia Aeronautica aircraft (reconstruction). ... Fiat CR.42 Falco The Fiat CR.42 Falco (Falcon) was a biplane which served as the primary fighter aircraft of Italys Regia Aeronautica at the outbreak of World War II. // Development The epitome of a biplane fighter, CR.42 represented evolution of the Italian designs starting with Fiat... Savoia-Marchetti was an Italian aircraft company founded in 1915 by Umberto Savoia. ... CCCP redirects here. ... The Fiat G.55 Centauro (Italian: Centaur) was a single-engine single-seat World War II fighter aircraft used by the Italian Air Force in 1943-1945. ... Mussolini redirects here. ... Gianni Agnelli. ...


Gianni Agnelli

Among the younger Agnelli's first steps after gaining control of Fiat was a massive reorganization of the company management, which had previously been highly centralized, with almost no provision for the delegation of authority and decision-making power. Such a system had worked effectively enough in the past but lacked the responsiveness and flexibility made necessary by Fiat's steady expansion and the growth of its international operations in the 1960s. The company was reorganized on a product-line basis, with two main product groups — one for passenger cars, the other for trucks and tractors — and a number of semi-independent division and subsidiaries. Top management, freed from responsibility for day-by-day operations of the company, was able to devote its efforts to more far-reaching goals. In 1967, Fiat made its first acquisition when it purchased Autobianchi; with sales amounting to $1.7 billion, it outstripped Volkswagen, its main European competitor, and in 1968 produced some 1,750,000 vehicles while its sales volume climbed to $2.1 billion. According to Newsweek in 1968, Fiat was "the most dynamic automaker in Europe...[and] may come closest to challenging the worldwide supremacy of Detroit." Then, in 1969, it purchased controlling interests in Ferrari and Lancia. At the time, Fiat was a conglomerate, owning Alitalia, toll highways, a typewriter and office machine manufacturer, electronics and electrical equipment firms, a paint company, a civil engineering firm, and an international construction company. Following up on an agreement Valletta had made with Soviet officials in 1966, Agnelli constructed the AvtoVAZ plant in the new city of Togliattigrad on the Volga. This began operation in 1970, producing a local version of the Fiat 124 as the Lada. On his initiative, Fiat automobile and truck plants were also constructed in industrial centers of Yugoslavia, Poland, Bulgaria, and Romania. In 1979, the company became a holding company when it spun off its various businesses into autonomous companies, one of them being Fiat Auto. That same year, sales reached an all-time high in the United States, corresponding to the Iranian Oil Crisis. However, when gas prices fell again after 1981, Americans began purchasing sport utility vehicles, minivans, and pickup trucks in larger numbers (marking a departure from their past preference for large cars). Also, Japanese automakers had been taking an ever-larger share of the car market, increasing at more than half a percent a year. Consequently, in 1984, Fiat and Lancia withdrew from the US market. In 1989, it did the same in the Australian market, although it remained in New Zealand. Autobianchi badge on a cars front fascia Autobianchi (pronounced —IPA pronunciation) was an Italian automobile manufacturer, created jointly by Bianchi, Pirelli and Fiat in 1955. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... Airbus A321-100 lands at London Heathrow airport Alitalia - Linee Aeree Italiane (Italian for Alitalia - Italian Air Lines) (BIT: AZA10) is the flag carrier airline of Italy. ... VAZ-21122 VAZ-21093 VAZ-21073 VAZ-2103 AvtoVAZ (RTS:AVAZ)(Russian: ) is a Russian automobile manufacturer, also known as VAZ, Volzhsky Automobilny Zavod (ВАЗ, Во́лжский автомоби́льный заво́д ), and better known to the world as Lada was set up in the late 1960s in collaboration with Fiat. ... Tolyatti (Толья́тти) is a city in Samara Oblast, Russia. ... For other meanings of the word Volga see Volga (disambiguation) Волга Length 3,690 km Elevation of the source 225 m Average discharge  ? m³/s Area watershed 1. ... It has been suggested that Fiat 124 Sport Spider be merged into this article or section. ... For other uses, see Lada (disambiguation). ... Yugoslavia (Jugoslavija in the Latin alphabet, Југославија in Cyrillic; English: South Slavia, or literary The Land of South Slavs) describes three political entities that existed one at a time on the Balkan Peninsula in Europe, during most of the 20th century. ... Line at a gas station, June 15, 1979. ... A fourth-generation (2006-) Ford Explorer, the best-selling mid-size SUV in the United States. ... It has been suggested that Mini MPV be merged into this article or section. ... The best selling North American pickup truck, the Ford F-Series. ... United States may refer to: Places: United States of America SS United States, the fastest ocean liner ever built. ...


In 1986, Fiat acquired Alfa Romeo from the Italian government. In 1992, two top corporate officials in the Fiat Group were arrested for political corruption.[17] A year later, Fiat acquired Maserati. In 1995 Alfa Romeo exited the US market. Maserati re-entered the US market under Fiat in 2002. Since then, Maserati sales there have been increasing briskly.


Paolo Fresco

Paolo Fresco became chairman of Fiat in 1998 with the hope that the veteran of General Electric would bring more emphasis on shareholder value to Fiat. By the time he took power, Fiat's market share in Italy had fallen to 41%[citation needed] from around 62% in 1984.[citation needed] However, a Jack Welch-like management style would be much harsher than that used by the Italians (e.g., precarious versus lifetime employment). Instead, Fresco focused on offering more incentives for good performance, including compensation using stock options for top and middle management. GE redirects here. ...


However, his efforts were frustrated by union objections. Unions insisted that pay raises be set by length of tenure, rather than performance. Another conflict was over his preference for informality (the founder, Giovanni Agnelli, used to be a cavalry officer). He often referred to other managers by their first name, although company tradition obliged one to refer to others using their titles (e.g., "Chairman Fresco"). The CEO of the company, Managing Director Paolo Cantarella, ran the day-to-day affairs of the company, while Fresco determined company strategy and especially acted as a negotiator for the company. In fact, many speculated the main reason he was chosen for the job was to sell Fiat Auto (although Fresco fervently denied it).[citation needed] In 1999, Fiat formed CNH Global by merging New Holland NV and Case Corporation.


Recent events

Over time, most automotive companies around the world have become holding companies of foreign as well as domestic competitors. For example, General Motors owned a controlling interest in Saab Automobile and, until recently, in Isuzu. Fresco signed a joint-venture agreement in 2000 under which GM acquired a stake in Fiat. This made it appear as if Fiat was next, although GM has made joint ventures with other companies (such as Toyota) without acquiring them. Nevertheless, Fiat did not see the GM partnership as a threat, rather as an opportunity to off-load its automotive business. The agreement with GM included a put option, which held that Fiat would have the right to sell GM its auto division after four years at fair market value. If GM balked, it would be forced to pay a penalty of $2 billion. When Fiat tried to sell GM the company, GM chose the penalty. On May 13, 2005 GM and Fiat officially dissolved their agreement, and Fiat is now courting Ford.[18] The current CEO views alliances such as these as the deciding factor of the future success of Fiat. For the band, see Big Brother and the Holding Company. ... General Motors Corporation (NYSE: GM), also known as GM, is an American automobile maker with worldwide operations and brands including Buick, Cadillac, Chevrolet, GMC, Holden, Hummer, Opel, Pontiac, Saturn, Saab and Vauxhall. ... Controlling interest is to have control of a large enough portion of voting stock in a company such that no other stock holder can oppose you. ... Saab Automobile AB is automobile manufacturing company in Sweden, and is currently a wholly-owned subsidiary of the General Motors Corporation. ... This article is about a truck manufacturer. ... A put option (sometimes simply called a put) is a financial contract between two parties, the buyer and the writer of the option. ... is the 133rd day of the year (134th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...


As part of the recent divestitures, in 2003 Fiat shed its insurance sector, which it was operating through Toro Assicurazioni to the DeAgostini Group. In the same year, Fiat sold its aviation business, FiatAvio to Avio Holding. In February 2004, the company sold its interest in Fiat Engineering, as well as its stake in Edison.


Fiat faces a multitude of threats, including rising steel prices (up by 16-30% beginning of 2008),[19] a strong Euro, and increased competition from Japanese and Korean car manufacturers in Europe. Although the light-vehicle market share of Japanese and Korean automakers in Europe is less than in the US (12.5% and 3.9%, respectively versus 30% and 3.9% in the US), it has been increasing steadily at about a half a percent a year.[citation needed]

Fiat has drawn criticism within New Zealand for an advert they ran in Italy, which a New Zealand Ministry of Foreign Affairs and Trade spokesman described as "culturally insensitive and inappropriate". The advert showed women performing the haka beside the new Fiat car and crowd noise is in the background to simulate the atmosphere in an All Blacks rugby union match. As the haka is finished a woman drives away in the Fiat car and a boy in the back of the car pokes out his tongue, which is the action used to finish the haka. Image File history File links WikiNews-Logo. ... Wikinews is a free-content news source and a project of the Wikimedia Foundation. ... the New Zealand Ministry of Foreign Affairs and Trade (MFAT) is the New Zealand Government ministry responsible for promoting New Zealands interests in trade and international relations. ... This article is about the traditional Māori dance genre. ... First international Australia 3 - 22 New Zealand (15 August 1903) Largest win New Zealand 145 - 17 Japan (4 June 1995) Worst defeat Australia 28 - 7 New Zealand (28 August 1999) World Cup Appearances 6 (First in 1987) Best result Champions, 1987 All Black redirects here. ... For other uses, see Rugby (disambiguation). ...


Sergio Marchionne

Fiat 500
Fiat 500

Sergio Marchionne has begun to impress investors since taking over as CEO in June, 2004. Losses have fallen steadily since 2002, and Q4 of FY2005 saw its first profit in 17 quarters, and had a profit of 196M Euros for the first 9 months of FY2006.[20] Mr. Marchionne has succeeded more than Fresco in taking an axe to Fiat's bloated managerial bureaucracy and changing its tone to a focus on markets and profits. (Marchionne was raised in Canada by Italian parents.) While the charismatic chairman, the well-connected Luca di Montezemolo, dealt with politicians and unions, Marchionne rebuilt the car business. The success of the Grande Punto model has in large part been responsible for the turnaround in Fiat's fortunes, but the quite successful Bravo (successor to the Stilo) and the new award winning 500 have really cemented it. Fiat has formed a joint venture with India's TATA motors and China's Chery motors, and has started its second innings with a force. Under Marchionne it has also re-entered several large markets that it had exited years before, such as Mexico and Australia.


Enterprises outside of Italy

Fiat was a key player in developing motor industries for a number of countries from the 1950s, particularly in Eastern Europe, Spain, Egypt, Ethiopia, and Turkey. Eastern Europe is a concept that lacks one precise definition. ...


Zastava, Serbia

Its first enterprise came in 1955, when it agreed a deal with Yugoslav carmaker Zastava to assemble Fiats for Eastern Europe. The first cars to be produced by Zastava were its versions of the Fiat 1300 and Fiat 1400. By 1970, Zastava was producing parts for the newer Fiat 124 and Fiat 125 models, although these cars were actually assembled in Poland. The Zastava 750, launched in 1962, was Zastava's version of the iconic Fiat 600 minicar. It outlived the car on which it was based, with production not finishing until 1981. Yugoslavia (Jugoslavija in the Latin alphabet, Југославија in Cyrillic; English: South Slavia, or literary The Land of South Slavs) describes three political entities that existed one at a time on the Balkan Peninsula in Europe, during most of the 20th century. ... It has been suggested that this article or section be merged with Zastava Auto. ... The Fiat 1300 and Fiat 1500 were large family cars manufactured by the Italian automaker Fiat Auto from 1961 to 1967, which replaced the Fiat 1200. ... The Fiat 1400 was a model of car produced by Italian automotive manufacturer Fiat between 1950 and 1954 Features The engine was fitted with a 1,4 ltr with a capacity of 44 HP with 4400 U/min. ... It has been suggested that Fiat 124 Sport Spider be merged into this article or section. ... Fiat 125 was a sedan-type automobile introduced by Fiat in 1967. ... Zastava 750 The Zastava 750 (Застава 750) was a car made by the Yugoslavian car maker Zavodi Crvena Zastava. ... The Fiat 600 (or Seicento) is a city car produced by the Italian automaker Fiat from 1955 to 1969. ... For the three wheeler car made by Bond Cars Ltd, see Bond Minicar. ...


Zastavas were not popular outside of Eastern Europe before the 1980s, although they were exported to the US under the Yugo brand as long ago as 1973. United States may refer to: Places: United States of America SS United States, the fastest ocean liner ever built. ... For the song by James Blunt, see 1973 (song). ...

A UK right-hand drive Zastava 101-based hatchback
A UK right-hand drive Zastava 101-based hatchback

The most famous product launched by Zastava is the