Fiat S.p.A.Turin, Italy

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Fiat Company Description

The country that gave us Sophia Loren and Leonardo da Vinci also gave us the century-old Fiat. The company's plethora of auto offerings range from Fiat models like the Pallo, Panda, and Croma to its more exclusive Alfa Romeo, Ferrari (85% owned by Fiat), and Maserati brands. Having sold some noncore businesses, Fiat's refined focus is on cars, CNH Global's agricultural and construction equipment, and Iveco's commercial vehicles. Other operations include Magneti Marelli (auto components), automotive and commercial vehicle powertrains, 85%-owned Teskid (engine parts), and Comau (industrial automation). The founding Agnelli family, through holding company Ifil Investments, owns about 30% of Fiat.

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The Company Description provides a historical perspective of Fiat's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Fiat's evolution in the marketplace.

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