Fiat

FIAT Automobiles S.p.A.
Company typeSubsidiary
IndustryAutomotive
Predecessor
Founded1899; 125 years ago (1899)
FounderGiovanni Agnelli
Headquarters,
Italy
Area served
Worldwide
Key people
John Elkann (acting president)
Olivier François (CEO)
ProductsAutomobiles, electric vehicles
Production output
1,350,000 units (2023)[1]
Revenue800,000,000 United States dollar (2012) Edit this on Wikidata
ParentStellantis Europe
Subsidiaries
Websitefiat.com

Fiat Automobiles S.p.A. (UK: /ˈfət, -æt/ FEE-ət, -⁠at, US: /-ɑːt/ -⁠aht, Italian: [ˈfiːat]; originally FIAT, Italian: Fabbrica Italiana Automobili di Torino; lit.'Italian Automobiles Factory of Turin') is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary of Stellantis through its Italian division Stellantis Europe. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business,[2] and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced.

Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s.[3] In 2013, Fiat S.p.A. was the second-largest European automaker by volumes produced and the seventh in the world, while FCA was the world's eighth-largest automaker.

In 1970, Fiat Automobiles employed more than 100,000 in Italy when its production reached the highest number, 1.4 million cars, in that country.[4] As of 2002, it built more than 1 million vehicles at six plants in Italy and the country accounted for more than a third of the company's revenue.[4] Fiat has also manufactured railway engines, military vehicles, farm tractors, aircraft, and weapons such as the Fiat–Revelli Modello 1914.

Fiat-brand cars are built in several locations around the world. Outside Italy, the largest country of production is Brazil, where the Fiat brand was the market leader for many years.[5][6] The group also has factories in Argentina, Poland and Mexico (where Fiat-brand vehicles are manufactured at plants owned and operated by Stellantis North America for export to the United States, Brazil, Italy and other markets) and a long history of licensing manufacture of its products in other countries.

Fiat Automobiles has received many international awards for its vehicles, including nine European Car of the Year awards, the most of any other manufacturer, and it ranked many times as the lowest level of CO2 emissions by vehicles sold in Europe.[7]

  1. ^ "FIAT 125th Anniversary Press Conference". youtube.com. 2024. Retrieved 17 July 2024.
  2. ^ Hussain, Aijaz (23 January 2007). "Fiat SpA reorganizes auto business, changes name to Fiat Group Automobiles". AP Worldstream. Retrieved 22 September 2009.
  3. ^ Castronovo, Valerio (2008). Il Piemonte nel processo di integrazione europea. Milan: Giuffrè Editore. p. 214. ISBN 978-88-14-14385-4.
  4. ^ a b Ebhardt, Tommaso; Rocks, David (30 January 2014). "Maserati Boom Signals Fiat 'Arrivederci' to Italian Past". Bloomberg.
  5. ^ "Fiat n.1 in Brasile (a maggio)". autoblog.it (in Italian). 29 June 2007. Retrieved 9 January 2013.
  6. ^ Garcí, Enrique (29 June 2007). "Ventas Mayo 2007: Brasil". es.autoblog.com (in Spanish). Archived from the original on 27 February 2012. Retrieved 9 January 2013.
  7. ^ "Fiat brand records the lowest CO2 emissions in Europe for the fifth year running". Fiat.co.uk. 8 March 2012. Archived from the original on 20 October 2018. Retrieved 8 March 2012.