Fiat was once the center of Italy with industry leading development of the Fiat Auto, acquired in the hands of all the leading brands of car is the Ferrari, Iveco, Maserati, Lancia or Alfa Romeo.
In 1899, Giovanni Agnelli and his hands formed the Fiat company. With the development strategy in all areas of industry with constant efforts to expand presence in many countries, to those in 1920, Fiat has become the third largest company in Italy.
In the process of developing a multi-national combined massive (in more than 50 countries with over 500 branches), Fiat has in turn recruited the famous car company and Italy's oldest. Currently foreign brands Fiat, owned by this group also Iveco, the truck maker and Europe's leading bus, along with a brand that any car enthusiast will want to own a car like Ferrari or Maserati.
In 1969, Fiat acquired Lancia. Also a popular performance vehicles, today almost Lancia also circulating in Italy. That same year, Fiat spend money to acquire 50% stake in Ferrari. Founded by Enzo Ferrari in 1940, today, this is the top performance sports car world with a limited number of shipments and the price sometimes for a hundred thousand dollars. Go in 1988, in Ferrari Fiat's capital increased to 90%.
Similar to Ferrari, Alfa Romeo and the two companies Maserati are considered the brightest star in the automobile industry in Italy, always at the forefront of technology and design style. In 1987, Fiat bought Alfa Romeo. This is a brilliant stage of development of Fiat Spa, specializing in automotive subsidiary of Fiat Group. Only a year later, in 1988, Fiat Spa ranked number one car market in Europe, on both strong opponents such as Volkswagen (Germany) or Renault (France). 5 years later and the financial constraints make it possible for Fiat to acquire big names remaining nodes, the pride of Italy is the Maserati car.
Laid the foundation for success on the Giovanni Agnelli said (1866-1945), a small car enthusiasts. Capital contribution of at least among the founders of Fiat and the lower social, but thanks to the determination and strategic mind, Agnelli was appointed CEO and to the company in 1920, served as president.
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| FIAT 500 |
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| Enzo Ferrari. |
With foresight and unbiased mind, Agnelli was the one who offered cooperation with the Soviet Union carmakers. He died in 1945 at age 79, two years after leaving the CEO position.
Proper orientation of the Fiat Agnelli help flourished for over two decades of the 20th century. It's boom time of the car industry in the world with a lot of companies came into being. Competition with rivals, said Fiat has chosen for his development to meet the needs of the majority with a variety of products, from truck, passenger car to car.
