On July 11, 1899 the Fiat (Fabbrica Italiana Automobili Torino) was born and towards the end of the year the first model, the 4HP, was built. Thus began the great adventure in the shadow of the Mole Antonelliana. A year later he opened the factory in Corso Dante where they were made omnibuses, industrial vehicles and marine engines but also trams.
Then in 1907 the first diesel engine and the one for aviation were built with the first Farman 5B reconnaissance airplane, followed in 1922 by the first flight of the A.L. civil aircraft. Then in 1923 the inauguration of the Lingotto, the first locomotive in the world with electric transmission, then the 509, the small car with an engine capacity of less than one litre and gradually the 520, the 508 Balilla, the 500 Topolino, the smallest utility car in the world produced in large series. But Fiat always broadened its horizons and here is Mirafiori, the 1400 also Diesel, the 600 with the rear engine, the New 500 dated 1957. Then 850, the incorporation of Autobianchi, the acquisition of Lancia, Abarth and 50% of Ferrari. In 1974 the Pendolino electric train arrived, then the birth of Iveco. Five years later the Fiat Auto was born (Fiat, Lancia, Autobianchi, Abarth and Ferrari).
In 1983 the Uno (baptized in Cape Canaveral in Florida and elected car of the year in 1984), then the Fire 1000 engine assembled in Termoli. In 1987 the acquisition of Alfa Romeo, the agreement with De Tomaso (for Innocenti and Maserati), the stake in Ferrari reached 90% and Ford-New Holland was taken over. Then Punto, Palio, Multipla, Lancia Lybra, Doblò, industrial alliance with GM, Stilo, Ulysse, Panda, Elettra, Bravo and Brava, Croma, Idea, Sedici, while Ferrari with Schumacher in 2000 won the first Drivers' world title with the Prancing Horse. In 1997 the Alfa Romeo 156 was the first car in the world to be equipped with a common rail diesel, then 159, 166, MiTo, Giulietta, 147. In 2003, after almost half a century of leading the company, Giovanni Agnelli died and the chairmanship of the Group was taken over by his brother Umberto, who died a year later. Luca Cordero di Montezemolo, president, John Elkann, vice president and Sergio Marchionne, managing director (who died on 25 July 2018 in Zurich) were appointed to the top of the Group. And in 2005 Fiat Group returned to profit. From 2007 onwards, Panda, Linea, Fiorino, Qubo, 500 C Cabriolet, Punto Evo, Freemont, Viaggio, 500L, 500X, Tipo, Mobi, Fullback, Toro were marketed. For the first 100 years of the company, Lancia proposed the New Ypsilon and again the Thesis, while the F430, 599 GTB Fiorano and Maserati came out of Maranello and fascinated with the Gran Sport and Gran Turismo coupés. In Brazil, the Group spread flex fuel technology (petrol and ethanol). In 2008 in Geneva, Lancia Delta, Alfa 8C Spider, 500 Abarth and Fiorino.
The following year, the Fiat Group and Chrysler Group signed a global strategic alliance. In 2010, John Elkann took over the chairmanship of Fiat. In 2011, with the new set-up, Fiat included FGA, Ferrari, Maserati, Magneti Marelli, Teksid, Comau and Fiat Powertrain. At Piazza Affari, Fiat Chrysler Automobiles is currently among the best in the FTSE MIB thanks to American registrations, which rose by 2% in June, marking the second rise in a row after three months of decline. US sales driven by the Ram brand (+45%). Ferrari gains more than 1% and has risen to 148.5 euros per share. Since the beginning of the year, the Prancing Horse has gained 70%. The Italian car market contracted in June with the Fca Group losing ground (-11%). Fca in 2018 sold 4.8 million vehicles worldwide, turnover of 123.7 billion dollars, net profits 3.6 billion. Michael Manley Ceo of Fca from July 21, 2018 is at the window at the level of acquisitions: to propose a wedding the PSA Group, gone empty. Another union would concern Renault-Nissan but still nothing concrete on the horizon.
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