Topic - Fiat

Fiat S.p.A., an acronym for Fabbrica Italiana Automobili Torino , is an Italian automobile manufacturer, engine manufacturer, financial and industrial group based in Turin in the Piedmont region. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. Fiat has also manufactured railroad vehicles, tanks and aircraft. As of 2009, Fiat is the world's sixth largest carmaker as well as Italy's largest carmaker. - Source: Wikipedia

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FILE -- May 31, 1988 file photo of Gianni Agnelli, right, chairman of Italy's auto giant FIAT, and chief operating officer Cesare Romiti, as they leave the Banca d'Italia (Bankitalia)in Rome. Romiti has died Tuesday, Aug. 18, 2020, in his house in Milan at the age of 97, according to Italian media. (AP Photo/Gianni Foggia, file)

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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Fiat Chrysler is backing off a planned May 4 restart at its North American factories because some U.S. states still will have stay-home orders in place. The move likely means that factories of all three Detroit automakers will be idled for at least another two weeks as they negotiate reopening terms with the United Auto Workers union. (AP Photo/Carlos Osorio, File)

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CEO of PSA Groupe Carlos Tavares arrives for the presentation of the company's 2019 full year results, in Rueil-Malmaison, west of Paris, Wednesday, Feb. 26, 2020. The French carmaker announced a new profitability record in 2019. (AP Photo/Michel Euler)

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