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1. They Are A Majority Shareholder Of Chrysler In 2012
Fiat became a 60% shareholder of Chrysler. For some companies, this often means that there is a merger and the two companies begin to become one. This did not happen when this acquisition occurred. In fact, the two businesses have managed to remain separate entities that are successful in their own right.
2. They Have Won Awards Consistently In the past 50+ years.
This company has won many awards. This includes a 2008 European Car of the Year award that was given to the Fiat 500. The first award they ever won was European Car of the Year in 1967. This was given to the Fiat 124.
3. The Origin Of The Name
Some people mistakenly believe that the name FIAT was used as the company name due to the fact that "fiat" means "so be it" in Latin. This is not the case at all. The company was founded by a group of investors under the name Fabbrica Italiana Automobili Torino and FIAT is an acronym for that.
4. Brazilian Popularity
These cars are extremely popular in Brazil and the country sees this vehicle as a leader in the market. While this is an Italian company and most of its vehicles are produced in Italy, many are produced in Brazil a well.
5. First In Mass Production
The FIAT Topolino, one of the most popular models produced by the brand, was first introduced in 1936. It was the first car that was mass produced in Italy. Before this, many people there did not own a vehicle at all.
6. Widely-Used Diesel Engines
There are many automobile companies that manufacture cars that use diesel engines made by FIAT. Alfa Romeo, Peugeot, Saab, Chevrolet and Cadillac are several out of a fairly long list. Since being founded in 1899, FIAT has managed to become one of the most popular car companies in the world. Hopefully, you have been enlightened by all of the fun facts here. They should have given you a bit more insight into a company that you may not have known much about prior to reading this.