Alfa Romeo\u002639;s Future BMW 5Series Rival Imagined, Could Revive Alfetta Name

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

The company had been owned by Italian condition holding company Istituto per 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 grew to become Alfa Romeo Automobiles H. p. A., a part of Fiat Group Cars, now Fiat Chrysler Automobiles 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 of the company hired Giuseppe Merosi to design brand new cars. On 24 June 1910, a new business was founded named A. L. F. A., primarily still in partnership with Darracq. The first non-Darracq car produced 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 1911 Targa Florio with two 24-hp models. Within August 1915, the organization 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 title of the company had been converted to Alfa Romeo along with the Torpedo 20–30 HORSEPOWER the first car to be so badged.

In 1921, the Banca Italiana di Sconto, which backed the Ing. Nicola Romeo & Co, went broke and the government needed to support the industrial companies included, among which was Alfa Romeo, through the "Consorzio per Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated from the Romeo company, and 1928, Nicola Romeo still left. 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 got effective control. The business 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 Alfa Romeo Twin Cam engine, which would remain within production until 1994. Throughout the 1960s and 1972s, Alfa Romeo produced a number of sporty cars, but struggled to make a profit, 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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