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Do you know what FIAT stands for?

By Joey Williams, a month ago.

1 replies by 1 contributors

Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin). Did you know? FIAT was an Italian holding company whose original and core activities were in the automotive industry, and that was succeeded by Fiat Chrysler Automobiles NV (FCA). The Fiat Group contained many brands such as Ferrari, Maserati, Fiat, Alfa Romeo, the Chrysler Group, and many more. 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), took place before the end of 2014. Fiat Chrysler Automobiles became the new owner of Fiat Group.[3] On 1 August 2014, Fiat S.p.A. received necessary shareholder approval to proceed with the merger (which followed board approval).[4] The merger became effective 12 October 2014 https://en.wikipedia.org/wiki/Fiat_S.p.A.

I didn't know that. Thank you for the quick history lesson! :D

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