Alfa Romeo Giulia 952 Wikipedia

Alfa Romeo Automobiles S. g. A. (Italian: [ˈalfa roˈmɛːo]) is a good Italian luxury car producer, founded by Frenchman Alexandre Darracq as A. L. F. A. ("[Società] Anonima Lombarda Fabbrica Automobili", "Lombard Automobile Manufacturer limited liability [Company]") on 24 06 1910, in Milan. The particular brand is known for nice looking overall vehicles and has been involved in car racing considering that 1911.

The business had been owned by Italian state holding company Istituto per la Ricostruzione Industriale among 1932 and 1986, whenever it became a component of the Fiat group. In February 2007, the Alfa Romeo brand became Alfa Romeo Automobiles S. p. A., a subsidiary of Fiat Group Cars, now Fiat Chrysler Cars Italy.

The business that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the particular French automobile firm associated with Alexandre Darracq, with Italian language investors. In late 1909, the Italian Darracq vehicles were selling slowly plus the Italian partners associated with the company hired Giuseppe Merosi to design new cars. On 24 June 1910, a new business was founded named A. L. F. A., in the beginning still in partnership with Darracq. The first non-Darracq car created by the company was the 1910 twenty-four HP, designed by Merosi. A. L. F. A. ventured into motor racing, with drivers Franchini plus Ronzoni competing in the 1911 Targa Florio with two 24-hp models. Within August 1915, the organization came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the particular factory to produce army hardware for the Italian language and Allied war attempts. In 1920, the name of the company has been changed to Alfa Romeo along with the Torpedo 20–30 HEWLETT PACKARD the first car in order to be so badged.

In 1921, the Banca Italiana di Sconto, which backed the Ing. Nicola Romeo as well as Co, went broke and the government needed to assistance the industrial companies included, among which was Alfa Romeo, through the "Consorzio per Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated through the Romeo company, and in 1928, Nicola Romeo remaining. In 1933, the state ownership was reorganized below the banner of the particular Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which then had effective control. The business battled to return to profitability after the Second Globe War, and turned in order to mass-producing small vehicles rather than hand-building luxury models. In 1954, it developed the particular Alfa Romeo Twin Camera engine, which would remain in production until 1994. During the 1960s and 1970s, Alfa Romeo produced several sporty cars, but fought to make a profit, so Istituto per la Reconstruzione (IRI), the state conglomerate that controls Finmeccanica sold the marque to the Fiat Group in 1986.

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