Fiat Images and Specifications
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Fiat based cars are constructed all
around the world - the largest concern outside Italy is in
Brazil (best seller). It also has factories in Argentina and
Poland (the former state FSO facility). Fiat has a long history
of licensing their products to other countries regardless of
local political or cultural persuasion. Joint venture operations
are found in France, Turkey, Egypt (with the state owned Nasr
car company), South Africa, India and China.
Agnelli's grandson Gianni Agnelli was Fiat chairman from 1966
until his death on January 24, 2003. However, from 1996, he only
served as an "honorary" chairman, while the chairman was Cesare
Romiti. After their removal, Paolo Fresco served as chairman and
Paolo Cantarella as CEO. Umberto Agnelli then took over as
chairman from 2002 to 2004. After Umberto Agnelli's death on May
28, 2004, Luca Cordero di Montezemolo was named chairman, but
Agnelli heir John Elkann became vice chairman at age 28 and
other family members are on the board. At this point, CEO
Giuseppe Morchio immediately offered his resignation. Sergio
Marchionne was named to replace him on June 1, 2004.
