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On 29 January 2014, it was announced that Fiat S.p.A. (the former owner of Fiat Group) was to be merged into a new Netherlands-based holding company Fiat Chrysler Automobiles NV (FCA), taking place before the end of 2014. Fiat Chrysler Automobiles became the new owner of Fiat Group.
On 11th July 1899, in Turin, Fiat: Fabbrica Italiana Automobili Torino (Italian Automobile Company Turin) company was stablished. The same year, production officially began with the release of the first ever Fiat-branded car, the Fiat 3½ HP.
Giovanni Agnelli founded FIAT in 1899, effectively distinguishing himself as the creative brains of the operation. Later, at the turn of the century, FIAT opened its first factory in Turin, Italy. They would go on to produce 24 vehicles that year. Among those first 24 vehicles was FIAT's first mode, named the 3 ½ CV.
The best place to start is to tell you what FIAT stands for: ?Fabbrica Italiana Automobili Torino.? This translates to ?Italian Automobiles Factory, Turin.? Where does the name come from? A factory in Italy, where FIAT was founded 120 years ago.
The acronym F.I.A.T. stands for Fabbrica Italiana Automobili Torino, but the name FIAT means so much more. Founded in 1899, over the years the Turin-based company has become a symbol of Italy's technological and creative enterprise, which have changed the country and the history of global mobility forever.
You might think a fiat is just an Italian car, but it actually means a legal, authoritative decision that has absolute sanction. From the Latin for "let it be done," the word fiat is a binding edict issued by a person in command.
Stands for Fabbrica Italiana Automobili Torino, but the name FIAT means so much more. Founded in 1899, over the years the Turin-based company has become a symbol of Italy's technological and creative enterprise, which have changed the country and the history of global mobility forever.