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Fiat, an acronym for Fabbrica Italiana Automobili Torino, was established in 1899 by a group of investors led by Giovanni Agnelli, who would become a pivotal figure in the company’s history. Headquartered in Turin, Italy, Fiat quickly grew to become a cornerstone of the Italian automotive industry. Its founding marked the beginning of Italy’s ascendancy in automobile manufacturing, blending engineering innovation with Italian design. Over more than a century, Fiat has played a critical role in shaping global automotive trends, expanding from compact city cars to commercial vehicles. The brand became emblematic of affordable mobility in Europe and beyond, especially with models like the Fiat 500. Throughout its heritage, Fiat has consistently pursued engineering advancements and market expansion, evolving into a major global player and underpinning the development of the Stellantis group, formed in 2021 through its merger with PSA Group.