Fiat was founded in which Italian city?

Fiat was founded in Turin, Italy. Its original Italian name, Fabbrica Italiana Automobili Torino, literally means “Italian Automobile Factory of Turin,” and provided the acronym FIAT.

The company was established on July 11, 1899, by a group of investors that included Giovanni Agnelli. Fiat’s first factory opened in Turin in 1900 with 35 employees and produced 24 cars. The company’s earliest model was the 3½ CV, of which only 24 examples were built.

Turin became one of Italy’s most important automotive centers, with Fiat at its industrial heart. Fiat expanded quickly: it built its first truck in 1903, exported a car to the United States in 1908, and was Italy’s largest automobile manufacturer by 1910. The answer is sometimes confused with Milan because Fiat later listed shares on the Milan Stock Exchange, but the company was founded in Turin, not Milan.