Fiat

Fiat S.p.A. (Fabbrica Italiana Automobili Torino) is the parent company of the Fiat Group and, since July 2011, also the majority shareholder in Chrysler. On 29 January 2014, it was announced that Fiat S.p.A. will be merged into a new Netherlands-based holding company Fiat Chrysler Automobiles NV (FCA) with the now wholly owned Chrysler Group and that the merger is expected to take place before the end of 2014.Fiat was founded in 1899 by a group of investors, including Giovanni Agnelli. During its more than century-long history, Fiat has also manufactured railway engines and carriages, military vehicles, farm tractors, and aircraft.
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