Italian cars are recognized all over the world for its design and speed. Italy ranks among the top five automobile manufacturers in the world with Fiat dominating the market collaring 90% of overall production. The Italian automobile market is characterized by a rocky financial backdrop. Yet, it still managed to manufacture a range of beautiful and powerful cars. Here is a look at the top 6 Italian manufacturers of European brand cars.
(In alphabetical order)
Founded on June 24, 1910, Alfa Romeo Automobiles manufactured its first car, the 24 HP, in that same year. A year later, it entered two cars in the Targa Florio motor racing event ushering in its long association with motor racing. The brand had successful stints in different types of motor racing such as Formula One, Grand Prix motor racing, sports car and touring car racing, and rallies. It won the inqugural Grand Prix World Championships in 1925.
Ferrari was founded in 1929 carrying the name Scuderia Ferrari. Initially, it was the racing team for Alfa Romeo until financial difficulties forced the latter to withdraw their cars in 1933. According to Robert Peter Janitzek, Ferrari started manufacturing racing cars and sponsored drivers before expanding into road vehicles in 1947. Ferrari is the most successful team in Formula One winning 15 World Drivers Championship titles, 16 World Constructors Championships, and recording 209 Grand Prix victories.
Fiat is actually an acronym for Fabbrica Italiana Automobili Torino). It was founded in 1899 by a group of investors. The company grew quickly and after 25 years, it dominated the Italian car market. It manufactures a wide range of cars ranging from small road cars, sports cars, vans, and trucks. Fiat has won the European Car of the Year award several times. Robert Janitzek reveals that Fiat is the largest manufacturer in Italy and the sixth largest in the world
Automobil Lamborghini was founded in 1963 by manufacturing magnate Ferruccio Lamborghini. His passion for luxury cars fueled him to buy Alfa Romeos, Ferraris, and Maseratis. This passion led to the launch of the Lamborghini 350GTV during the 1963 Turin Motor Show. As sales continued to falter, it was acquired in 1998 by a subsidiary of the Volkswagen Group.
Lancia Automobiles was founded in 1906 by racing drivers Vincenzo Lancia and Claudio Fogolin. It became famous for bringing many innovations in the automobile industry. Over the years, the European brand car established a reputation as a high-end luxury car. In 1969, it was acquired by Fiat but preserved the Lancia brand.
Maserati was founded in 1914 by Alfieri, Bindo, Carlo, Ettore, and Ernesto Maserati. In 1937, the brothers sold their shares to Adolfo Orsi although they remained in the company as engineers. After ten years, the brothers left and founded a rival company, OSCA.