Alfa Romeo\u002639;s 5Series Rival Delayed Until 2021 New Alfa Sedan Delayed

Alfa Romeo Automobiles S. l. 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 Factory limited liability [Company]") on 24 06 1910, in Milan. The particular brand is known for nice vehicles and has been involved in car racing since 1911.

The business was owned by Italian condition holding company Istituto for each la Ricostruzione Industriale among 1932 and 1986, whenever it became a part of the Fiat team. In February 2007, the particular Alfa Romeo brand became Alfa Romeo Automobiles H. p. A., a part of Fiat Group Cars, now Fiat Chrysler Automobiles Italy.

The organization that became Alfa Romeo was founded as Società Anonima Italiana Darracq (SAID) in 1906 by the particular French automobile firm of Alexandre Darracq, with Italian 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 organization was founded named A. L. F. A., at first 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 and 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 military hardware for the Italian and Allied war initiatives. In 1920, the title of the company was changed 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 & Co, went broke and the particular government needed to support the industrial companies involved, among which was Alfa Romeo, through the "Consorzio for each Sovvenzioni sui Valori Industriali". In 1925, the train activities were separated from the Romeo company, and in 1928, Nicola Romeo remaining. 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 then had effective control. The company struggled to return to profitability after the Second World War, and turned to mass-producing small vehicles instead of hand-building luxury models. Within 1954, it developed the Alfa Romeo Twin Cam engine, which may remain within production until 1994. During the 1960s and 1970s, Alfa Romeo produced a number of sporty cars, but fought 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.

2017 Alfa Romeo Giulia pricing and specs

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