Who owns Alfa Romeo? Now, who on earth doesn’t want to know: who owns Alfa Romeo? We all love the classic roadsters and racing cars that have defined an entire industry, but I’ll bet you’re wondering: who’s behind the brand? Well, here’s your chance.
Who Owns Alfa Romeo?
Alfa Romeo is currently owned by Stellantis, which is the product of the 2021 merger between Fiat and Peugeot.
Società Italiana Automobili Darracq—Milano (SIAD), an unsuccessful effort by French automaker Darracq and a few Italian investors to establish an Italian branch to locally produce and resell Darracq vehicles, gave rise to ALFA which later became Alfa Romeo in 1919 before being bought by Fiat after the second world war.
Prior to 2021, Alfa Romeo was one of the brands in the Fiat family of Cars. Fiat has been around since 1899 and is based in Italy. Fiat was founded by Giovanni Agnelli with the help of a group of other investors. They were looking for a way to expand their business after World War II and were able to buy out Alfa Romeo from its owners at the time, who were in need of money for other ventures.
Alfa Romeo made its first car in 1910, which was called the “24 HP”. It was powered by an engine that had a capacity for 4.1 litres of gas, which means that it only had enough power to drive about shorter distances.
The company went on to make other cars like the 12 HP, 15 HP, 8C 2300 etc. to mention a few.
Facts About Alfa Romeo
|Founders||Ugo Stella, Nicola Romeo|
|Date it was founded||24 June 1910|
|Headquarters||Turin, Piedmont, Italy|
|Recent Sales||44,115 units (2021)|