Automotive industry in Italy

The Fiat 500, launched in 1957, is considered a symbol of Italy's postwar economic miracle.[1]

The automotive industry in Italy is a quite large employer in the country, it had over 2,131 firms and employed almost 250,000 people in 2006.[2] Italy's automotive industry is best known for its automobile designs and small city cars, sports and supercars. The automotive industry makes a contribution of 8.5% to Italian GDP.[3]

Italy is one of the significant automobile producers both in Europe and around the world.

Today the Italian automotive industry is almost totally dominated by Stellantis (formerly called Fiat Group); in 2001 over 90% of vehicles were produced by it. As well as its own, predominantly mass market model range, Stellantis owns the mainstream Fiat brand, the upmarket Alfa Romeo and Lancia brands, and the exotic Maserati brand.

Italian cars won in the European Car of the Year annual award one of the most times among other countries (including Fiat most that any other manufacturer with Fiat 124, Fiat 128, Fiat Uno, Fiat Tipo and others) and in World Car of the Year award also.[4]

  1. ^ Tagliabue, John (11 August 2007). "Italian Pride Is Revived in a Tiny Fiat". The New York Times. Retrieved 8 February 2015.
  2. ^ "ITALY'S AUTOMOTIVE INDUSTRY IS BACK ON THE ROAD THANKS TO EXPORTS". italtrade.com. Archived from the original on 11 January 2008. Retrieved 2008-02-06.
  3. ^ "Country Profiles > ITALY". acea.thisconnect.com. Archived from the original on 11 February 2008. Retrieved 2008-02-09.
  4. ^ "Every European Car of the Year (COTY) winner since 1964". The Telegraph. 2020-03-02. ISSN 0307-1235. Retrieved 2023-06-20.