Fiat

FIAT Automobiles S.p.A.
	Mirafiori, headquarters and industrial district of Fiat in Turin, pictured in 2020
Type	Subsidiary
Industry	Automotive
Predecessor	Fiat S.p.A. (1899–2014);
Founded	1899; 126 years ago
Founder	Giovanni Agnelli
Headquarters	Lingotto, Turin, Italy
Area served	Worldwide
Key people	John Elkann (acting president); Olivier François (CEO)
Products	Automobiles, electric vehicles
Production output	1,350,000 units (2023)
Parent	Stellantis Europe
Subsidiaries	Fiat India; Fiat Serbia;
Website	fiat.com

Fiat (UK: /ˈfiːət, -æt/, US: /-ɑːt/, Italian: [ˈfiːat]; originally FIAT, Italian: Fabbrica Italiana Automobili Torino, lit. 'Italian Automobiles Factory, Turin') is a car company in Italy. It was founded in Turin in 1899. Over the years, Fiat also made different products like planes, trains, trams, buses, trucks, manufacturing robots, space rocket parts, refrigerators, washing machines, and more.^[2] Fiat is currently part of Stellantis.

History

On 11 July 1899, Gianni Agnelli was part of the group of founding members of FIAT, Fabbrica Italiana di Automobili Torino. The first Fiat plant opened in 1900^[2] with 35 staff making 24 cars. Known from the beginning for the talent and creativity of its engineering staff, by 1903 Fiat made a small profit and produced 135 cars; this grew to 1,149 cars by 1906. The company then went public selling shares via the Milan stock exchange.