Società Anonima Fabbrica Italiana di Automobili Torino; F.I.A.T. (Fiat) is an Italian automobile brand founded in 1899 and is part of Fiat Chrysler Automobiles NV (FCA). The first Fiat; the 4 HP, was launched in 1899. The product line was heavily expanded and had 8 car models, busses, trucks and marine engines in 1906 and airplane engines in 1908. Fiat have and are involved in racing and among the race results are third place in Indianapolis 500 in 1911 and second in 1912.
FCA is the parent company for the Italian auto brands Alfa Romeo, Ferrari (90%), Lancia and Maserati and the US Chrysler Group with its subsidiaries. Fiat has been sold in USA in several periods from 1908 to the current re-launch in 2011 with the Fiat 500. Fiat was last present in USA in 1984 with the Fiat Spider, a two seat roadster.