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Home»Investment»Cooperation Fiat with Russia

Cooperation Fiat with Russia

March 25, 2019

Fiat – Italian automobile factory Turin. This company is truly one of the largest car manufacturers. A lot of cash and material funds were invested in its development. Fiat was founded back in 1899 and at the beginning of his life was already with the first assembly conveyor in Europe. But the first and second world wars caused damage to him and production, together with the development, suspended a little. Despite this, manager Giovanni Anelli managed to take the concern to the previous level. And since that time, Fiat is the leader in the production of not only cars, but also military and industrial equipment.

Machines of this manufacturer began to be supplied to Russia not so long ago, due to the fact that many domestic manufacturers copied Fiat models. The lineup has changed throughout the existence of the company, starting with Fiat 124 and ending with Fiat 500, the company became the owner of the “Car of the Year” award from 1967 to 2008.

After victories at the competitions, the company began to expand its capacities, and began to open new plants and subsidiaries. Basically, plants were opened in developing countries, since there was the greatest demand for products. In Russia, the company focuses on small enterprises and therefore produces models such as Doblo and Ducato. Also, inexpensive Albea sedans are produced. These models are well sold, since do not expensive to operate, you can also carry out repairs, including the repair of the starter with your own hands.

In connection with the demand for them, two plants were opened in Elabuga and in Naberezhnye Chelny. Judging by other models, they are also well sold in Russia, these include Punto, Grand Punto and Panda.

In terms of technical characteristics, Fiat cars are in no way inferior to other cars, this can be judged even by revenue, for example, in 2009 the company managed to get 838 million euros of net profit. Also, with the development of new technologies of auto fiat, they are distinguished by the beauty of forms, quality and speed of assembly. For these qualities, the company is appreciated in the world market.

Also, according to recent information, the Fiat concern wants to join the Lamborgini concern, which will raise its rating even higher over world competitors. Fiat and without this had a great advantage over them because the cars have no high price due to a large number of factories and factories in many countries of the world that are equipped with modern equipment. And also Fiat is always supported by a hard, almost army discipline, as was the case under its first director Giovanni Anelli. The company always adheres to its principles.

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