Alfa Romeo Stelvio Wikipedia

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 Manufacturing plant limited liability [Company]") on 24 06 1910, in Milan. The brand is famous for sporty vehicles and it has been involved in car racing since 1911.

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

The organization 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 vehicles were selling slowly plus the Italian partners of the company hired Giuseppe Merosi to design new cars. On 24 June 1910, a new company was founded named A. L. F. A., initially still in partnership with Darracq. The first non-Darracq car created by the organization was the 1910 24 HP, designed by Merosi. A. L. F. The. ventured into motor racing, with drivers Franchini plus Ronzoni competing in the particular 1911 Targa Florio with two 24-hp models. Within August 1915, the company came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the particular factory to produce army hardware for the Italian and Allied war attempts. In 1920, the name of the company has been changed to Alfa Romeo with the Torpedo 20–30 HEWLETT PACKARD the first car to be so badged.

In 1921, the Banca Italiana di Sconto, which backed the Ing. Nicola Romeo and Co, went broke and the government needed to support 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 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 then had effective control. The company fought to return to profitability after the Second Planet War, and turned in order to mass-producing small vehicles as opposed to hand-building luxury models. Within 1954, it developed the particular Alfa Romeo Twin Camera engine, which would remain within production until 1994. Throughout the 1960s and 1972s, Alfa Romeo produced numerous sporty cars, but struggled to make a profit, so Istituto per la Reconstruzione (IRI), the condition conglomerate that controls Finmeccanica sold the marque to the Fiat Group within 1986.

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