How much of Ferrari does Fiat still own?
Unless you are living under a rock, you must know that at some point Fiat owned 90% of Ferrari. But what about the current status of this romantic Italian relationship(I'm guessing Ferrari, the hot Italian wife and fiat, the rich fat Italian businessman)? Let's find out Brief History: Fabbrica Italiana di Automobili Torino a.k.a Fiat , made their first cars back in 1900. By 1910, Fiat was the largest automotive company in Italy. Throughout the years, Fiat slowly kept building its market presence and reputation across the American and European markets. it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s.In 1970, Fiat employed more than 100,000 in Italy when its production reached the highest number, 1.4 million cars, in that country. As of 2002, Fiat built more than 1 million vehicles at six plants in Italy and the country account
