From Wikipedia.org (bold added):
FIAT, an
acronym for
Fabbrica Italiana Automobili Torino[2] (English:
Italian Automobile Factory of Turin), is an Italian automobile manufacturer, engine manufacturer, financial and industrial group based in
Turin in the region of
Piedmont. Fiat was founded in 1899 by a group of investors including
Giovanni Agnelli. During its more than century long history, Fiat has also manufactured railway engines and carriages,
military vehicles and aircraft. As of 2009, Fiat (not including
Chrysler) was the world's ninth largest carmaker and the largest in Italy.
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