
The company 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 and the Italian partners of the company hired Giuseppe Merosi to design brand new cars. On 24 June 1910, a new company was founded named The. L. F. A., at first still in partnership with Darracq. The first non-Darracq car produced by the organization was the 1910 twenty-four HP, designed by Merosi. A. L. F. The. ventured into motor racing, with drivers Franchini plus Ronzoni competing in the 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 factory to produce army hardware for the Italian and Allied war efforts. In 1920, the title of the company has been changed to Alfa Romeo with the Torpedo 20–30 HEWLETT PACKARD the first car in order 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 particular government needed to support the business companies involved, 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 left. 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 in turn experienced effective control. The business fought to return to profitability after the Second Globe War, and turned in order to mass-producing small vehicles rather than hand-building luxury models. Within 1954, it developed the particular Alfa Romeo Twin Cam engine, which would remain in production until 1994. Throughout the 1960s and 1972s, Alfa Romeo produced numerous sporty cars, but battled to make a profit, so Istituto per la Reconstruzione (IRI), the condition conglomerate that controls Finmeccanica sold the marque to the Fiat Group in 1986.
Don\u002639;t Expect Alfa Romeo\u002639;s BMW 5Series Rival Any Time Soon

News Alfa Romeo\u2019s 5 Series Rival, Alfetta, Could Be This Handsome CarShowroom.com.au
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