Alfa Romeo Giulia Press Introduction Fiat 500 USA

Alfa Romeo Automobiles S. l. 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 Manufacturing plant limited liability [Company]") on 24 06 1910, in Milan. The brand is known for nice looking overall vehicles and has been included in car racing given that 1911.

The organization had been owned by Italian state holding company Istituto for each la Ricostruzione Industriale in between 1932 and 1986, whenever it became a part of the Fiat team. In February 2007, the particular Alfa Romeo brand became Alfa Romeo Automobiles T. p. A., a additional of Fiat Group Vehicles, now Fiat Chrysler Cars Italy.

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

In 1921, the particular Banca Italiana di Sconto, which backed the E. Nicola Romeo as well as Company, went broke and the particular government needed to support the professional companies involved, among that was Alfa Romeo, through the "Consorzio for each Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated through the Romeo company, and in 1928, Nicola Romeo remaining. In 1933, the condition ownership was reorganized below the banner of the particular Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which then experienced effective control. The company fought to return to profitability after the Second World War, and turned to mass-producing small vehicles as opposed to hand-building luxury models. In 1954, it developed the particular Alfa Romeo Twin Cam engine, which would remain in production until 1994. During the 1960s and 1972s, Alfa Romeo produced several sporty cars, but battled to make a profit, so Istituto per una Reconstruzione (IRI), the state conglomerate that controls Finmeccanica sold the marque to the Fiat Group in 1986.

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