
The business that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the particular French automobile firm of Alexandre Darracq, with Italian language investors. In late 1909, the Italian Darracq vehicles were selling slowly and the Italian partners associated with the company hired Giuseppe Merosi to design new cars. On 24 06 1910, a new organization was founded named The. L. F. A., initially still in partnership with Darracq. The first non-Darracq car produced by the company was the 1910 twenty-four HP, designed by Merosi. A. L. F. The. ventured into motor race, with drivers Franchini and Ronzoni competing in the particular 1911 Targa Florio with two 24-hp models. In August 1915, the business came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the factory to produce army hardware for the Italian language and Allied war attempts. In 1920, the title of the company had been changed to Alfa Romeo along with the Torpedo 20–30 HP the first car in order to be so badged.
In 1921, the Banca Italiana di Sconto, which backed the E. Nicola Romeo & Co, went broke and the government needed to support the commercial companies included, among which was Alfa Romeo, through the "Consorzio per Sovvenzioni sui Valori Industriali". In 1925, the railway activities were separated through the Romeo company, and 1928, Nicola Romeo remaining. In 1933, the condition ownership was reorganized below the banner of the Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which in turn experienced effective control. The organization struggled to return to success after the Second Globe War, and turned in order to mass-producing small vehicles as opposed to hand-building luxury models. In 1954, it developed the Alfa Romeo Twin Camera engine, which may remain in production until 1994. During the 1960s and 1970s, Alfa Romeo produced several sporty cars, but battled to make a revenue, so Istituto per la Reconstruzione (IRI), the state conglomerate that controls Finmeccanica sold the marque in order to the Fiat Group in 1986.
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