Fiat

Fiat Car

Fiat is the Italy's largest carmaker and is an automobile company. Fiat is an Italian automotive manufacturer, engine manufacturer, financial and industrial group founded in the year 1899 by investor namely Giovanni Agnelli. Fiat has its head quarter at Turin in Italy and also manufactures railroad vehicles, tanks and aircrafts. Fiat is considered as the ninth largest carmaker in the world. Fiat has its best sellers in Brazil and have factories in Argentina and Poland. The first Fiat car was the 3 1/2 CV which strongly resembled Benz having a 697cc twin engine. Fiat manufactured its first truck in 1903 and first aircraft in 1908. Since 1910 Fiat has become the largest automobile company in Italy and Fiat taxis also became popular around the same period in Europe.

In 2009 Fiat announced partnership with the Chrysler to form a global organisation where it was decided that Fiat will take 20% stake in Chrysler and gain access to its North American dealers. Fiat also helped Chrysler to introduce new fuel efficient small cars with engine and transmission technologies. The activities of the partners were to focus on industrial and agricultural vehicles and significant worldwide operations. Fiat cars range from small Fiat city cars to sports cars, vans and trucks like Ducato.

Fiat's model Fiat Nuova 500 has won the European car of the year award in the year 2008 and Fiat has been awarded 12 times by the Europeans. Some of the Fiat models which won the award are Fiat124, Fiat 128, Fiat 127, Fiat Uno, Fiat Tipo, Fiat punto. In 2007 Fiat introduced light commercial vehicles like the Fiat Ducato, Fiat Scudo and Fiat Doblo. Fiat owns other brands like Carello, Automotive lighting, Siem, Vitaloni and Magneti Marelli. Fiat in India has a joint venture with Tata Motors Limited where Fiat holds 50% stake. Fiat is known for quality performance, reliability and innovative. Fiat cars like Palio Stile and Grande Punto are very successful and increased customer satisfaction. The latest Fiat models has only one hatchbacks model with four Variants.

Fiat Palio has brilliant aerodynamic features, exterior excludes clean lines and new styling. Its variants are Palio 1.1SL, Palio 1.1SLE, Palio Stile 1.1SLX and Palio Stile 1.6Stile sport. Fiat's Grand Punto comes in low slung compact body, strong muscular wheel arches, dual tone dashboards and interiors. Fiat is company focusing strongly towards the future but with its historic identity.

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