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Fiat SpA

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Fiat SpA

International holding company and major Italian manufacturer of automobiles, trucks, and industrial vehicles and components. In 1899 Giovanni Agnelli (1866–1945) founded the firm that was incorporated as Fiat in 1906; he led the firm until his death. His grandson Giovanni Agnelli (1921–2003) served as chairman from 1966 until 1996, when his title became honorary. Paulo Fresco was named chairman in 1998. In 1979 the corporation converted to a holding company; in 1986 it acquired the sports-car manufacturer Alfa Romeo SpA. Among its automobile brands are Ferrari and Lancia.
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Chrysler's predecessor, Chrysler LLC, filed for bankruptcy protection on April 30, and the sale of substantially all of its assets was completed on June 10 to Chrysler Group, which is managed by Italy's Fiat SpA.
Chrysler claims defects by Risk & Insurance
Big Three automaker emerged out of Chapter 11 bankruptcy protection in June to seek reconstruction under the control of Italy's Fiat SpA.
Kyodo economic news summary -2- by Japan Weekly Monitor
European sales of new cars fell for the 13th month in a row in May from the previous year, carmakers' association ACEA said last month, with only two major manufacturers u Volkswagen AG and Fiat SpA u selling more than last year.
Car markets in Europe, Japan stalled until 2011 by The Daily Star (Beirut, Lebanon)
 
 
 
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