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iat is a single of Italy's greatest auto manufacturers. Apart from automobile manufacturing, it is in addition an engine manufacturer and an industrial and financial group using a house base in Turin Piedmont region. Giovanni Agnelli led a group of invertors and founded the business in 1899 and grew to become a single of its Board of Directors.

Its primary factory was built in Carso Dante in 1900 and employed 150 workers. 24 cars and trucks ended up created that year, with its first product named 3 ½ CV. The car logo was made in 1904 as an oval which has a blue background. It grew to become a name in the automobile racing arena, with Agnelli representing the company in the second Italian Car or truck tour.

Fiat arrived at the country the US in 1908 and immensely grew as its auto sales topped others despite its much more expensive costs. It wasn't well before Fiat decided to manufacture additional items like trucks, tanks, commercial motor vehicles and even marine engines. Its cars and trucks are best-sellers in Brazil. The company has long histories of licensing its products to other regions and has seen joint ventures in different countries like France, India, China, Pakistan, Serbia and Russia.

Upon Giovanni's demise in 1966, his grandson Gianni Agnelli took over the company and grew to become its chairman for 30 years. The corporate headquarters have outgrown its old residence in Turin in 1997 and gone to live in the Palazzina Fiat in Lingotto, which sooner or later started to be Europe's largest convention and trade show complex. Inside the 90s, Fiat faced crisis with industry competition but was in a position to handle its continuous expansion in the world marketplace making it accepted as producers of very affordable cars. With numerous awards for its manufacturing and more than 100 decades inside the automobile organization, Fiat took its global presence to greater heights and is now the world's 6th largest automobile manufacturer.