Fiat, standing for Fabbrica Italiana Automobili Torino, (Italian Automobile Factory of Turin), is an automobile manufacturer, engine manufacturer, financial and industrial group based in Italy. Fiat was founded in 1899 by a group of investors. Fiat has also manufactured railroad vehicles, tanks, and aircraft. Fiat has holdings in Maserait, Lancia Automobiles, Alfa Romero Automobiles, and a 85 percent stake in Ferrari, though Ferrari is ran autonomously.
-Anthony Alaniz
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