Fiat Automobiles

About Fiat Automobiles

Fiat Automobiles S.p.A., commonly known as Fiat (UK: FEE-ət, -⁠at, US: -⁠aht; Italian: [ˈfiːat]), is an Italian automobile manufacturer. Fiat Automobiles was formed in January 2007 when Fiat Group reorganized its automobile business, and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced. It became a part of Fiat Chrysler Automobiles (FCA) in 2014 and, in 2021, became a subsidiary of Stellantis. 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. In 2013, Fiat 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. 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.