FIAT AUTOMOBILES S.p.A
OVERVIEW
Fiat Group Automobiles S.p.A manufactures and markets automobiles, light commercial vehicles and related products in Italy, Europe, South America and Turkey. The company was formally known as FIAT Auto S.p.A and changed its name to Fiat Group Automobiles S.p.A in February 2007. The company was founded in 1979 and is based in Turin, Italy. Fiat Automobiles S.p.A operates as a subsidiary of Fiat S.p.A.
TIMELINE
1899
* Company start up by Gianni Agnelli and other investors. They formed FIAT – Fabbrica Italiana Automobili Torino. (Pg3 Par1)
1900 * First Fabbrica Italiana Automobili Torino factory was opened in Carso Dante, Italy with a 150 workforce. (Pg3 Par1)
1922 * FIAT opened what was to be the largest factory in Europe with unique five floor assembly line. (Pg3 Par2)
Mid 1960s * Growth in production in both exports and domestic sales. * Established several factories in southern Italy. (Pg3 Par3)
1970s * Started development of electric vehicles. (Pg9 Par3)
1972 * Concept car Fiat X1/23 was shown at Turin Motor Show. (Pg9 Par3)
1978 * Introduced Robogate, an innovative and flexible robotic system used for assembly work, to remain competitive. (Pg3 Par5)
1978 to 1990 * Set up of numerous operations as independent companies. (Fiat Avio, Fiat Engineering, Comau, Fiat Ferraviaria, Magnet Marelli and Teksid). (Pg3 Par6)
1990s * Asian car manufacturers entered the EU car manufacturing market, as a result Fiat expanded internationally. (Pg3 Par7)
2000 * Market share dropped from 9.4% to 5.8% (Pg3 Par9)
2004 * Sergio Marchionne appointed as Chief Executive. (Pg3 Par9)
2007 * Jan – Fiat Automobiles S.p.A. formed. (Pg3 Par1)
2008 * Started test with Brazilian electric companies, Cemig and Itaipu for electric vehicles. * Showed phylla concept (urban vehicle which