The organization that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the French automobile firm associated with Alexandre Darracq, with Italian language investors. In late 1909, the Italian Darracq cars were selling slowly and the Italian partners of the company hired Giuseppe Merosi to design new cars. On 24 June 1910, a new business was founded named The. L. F. A., in the beginning still in partnership with Darracq. The first non-Darracq car made by the organization was the 1910 twenty-four HP, designed by Merosi. A. L. F. A. ventured into motor race, with drivers Franchini plus Ronzoni competing in the 1911 Targa Florio with two 24-hp models. Within 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 to be so badged.
In 1921, the particular Banca Italiana di Sconto, which backed the Ing. Nicola Romeo as well as Company, went broke and the government needed to assistance the industrial companies included, among that was Alfa Romeo, through the "Consorzio for each Sovvenzioni sui Valori Industriali". In 1925, the railway activities were separated from the Romeo company, and in 1928, Nicola Romeo still left. In 1933, the state ownership was reorganized below the banner of the Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which in turn had effective control. The organization struggled to return to success after the Second Planet War, and turned in order to mass-producing small vehicles as opposed to 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 1972s, Alfa Romeo produced numerous sporty cars, but struggled 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 within 1986.
Alfa Romeo Archives Paul Tan\u002639;s Automotive News
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