Alfa Romeo Cars News: TZ3 Stradale opens its lungs [video]

Alfa Romeo Automobiles S. g. A. (Italian: [ˈalfa roˈmɛːo]) is an 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 particular brand is known for sporty vehicles and it has been involved in car racing given that 1911.

The company 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 Alfa Romeo brand grew to become Alfa Romeo Automobiles S. p. A., a part 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 cars were selling slowly plus the Italian partners of the company hired Giuseppe Merosi to design new cars. On 24 June 1910, a new business was founded named The. L. F. A., initially still in partnership with Darracq. The first non-Darracq car made 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 particular 1911 Targa Florio along with two 24-hp models. In August 1915, the organization came under the path of Neapolitan entrepreneur Nicola Romeo, who converted the particular factory to produce army hardware for the Italian and Allied war initiatives. In 1920, the title of the company was converted to Alfa Romeo with the Torpedo 20–30 HORSEPOWER the first car in order to be so badged.

In 1921, the Banca Italiana di Sconto, which backed the Ing. Nicola Romeo as well as Co, went broke and the government needed to assistance the business companies included, among that 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 remaining. In 1933, the condition ownership was reorganized under the banner of the Istituto per la Ricostruzione Industriale (IRI) by Benito Mussolini's government, which in turn had effective control. The company battled 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 particular 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 revenue, so Istituto per una Reconstruzione (IRI), the state conglomerate that controls Finmeccanica sold the marque in order to the Fiat Group within 1986.

Photos: Zagato Alfa Romeo TZ3 Stradale

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