News Alfa Romeo\u2019s 5 Series Rival, Alfetta, Could Be This Handsome

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 Manufacturer limited liability [Company]") on 24 06 1910, in Milan. The brand is well known for nice vehicles and has been included in car racing given that 1911.

The organization has been owned by Italian state holding company Istituto per la Ricostruzione Industriale in between 1932 and 1986, whenever it became a part of the Fiat group. In February 2007, the Alfa Romeo brand became Alfa Romeo Automobiles S. p. A., a part of Fiat Group Automobiles, 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 cars were selling slowly plus 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., primarily still in partnership along with Darracq. The first non-Darracq car made by the business was the 1910 twenty-four 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. In August 1915, the business came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the particular factory to produce military hardware for the Italian and Allied war attempts. In 1920, the title 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 & Co, went broke and the particular government needed to assistance the business companies involved, among which was Alfa Romeo, through the "Consorzio for each Sovvenzioni sui Valori Industriali". In 1925, the railway activities were separated through the Romeo company, and 1928, Nicola Romeo still left. In 1933, the condition ownership was reorganized below the banner of the Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which then experienced effective control. The company battled to return to profitability after the Second World War, and turned to mass-producing small vehicles instead of hand-building luxury models. In 1954, it developed the Alfa Romeo Twin Camera engine, which would remain within production until 1994. During the 1960s and 1970s, Alfa Romeo produced numerous sporty cars, but struggled to make a revenue, 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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