When Count Emanuele Cacherano of Bricherasio announced a need for investors in a horseless carriage business, Giovanni Agnelli answered the call. Agnelli paid $400 to buy into the founding of Fabbrica Italiana di Automobili Torino, which occurred on this day in 1899. Translated to English, Italian Automobiles Factory, Turin, or FIAT, as it is known, opened its first factory in 1900 with Agnelli appointed as managing director. He oversaw a staff of 35 who produced 24 cars that year. Production grew to 135 cars in 1904 and 1149 cars in 1906. By that time FIAT opened its first dealership in New York City.
The best way to support This Day in Automotive History is to become a monthly subscriber on Facebook.
Subscriber benefits include:
- Most importantly, you’re supporting great content about Automotive History
- Early access to content on Facebook
- Discounts on our store
- Special live videos
If you learned something today, please buy me a beer!
Recent Posts
April 22, 1996 – Mercedes SLK class debuts at Turin
April 22, 2024
The Cute Ute – 1964 Ford Ranchero for Sale
April 22, 2024
Is Restoring a Classic Car Worth Your Time and Investment?
April 22, 2024
The rarest and most iconic pony cars of the 1960s
April 22, 2024
April 21, 1983 – C4 Corvette is introduced
April 21, 2024
This Day in Automotive History - the book!
This Day In Automotive History
By Brian Corey
This book tells fascinating tales, bringing individual days to life with short stories, photographs and illustrations.
This Day in Automotive History
This Day in Automotive History is a transportation history, car history and general automotive history website dedicated to providing informative and entertaining content.
We encourage you to share our page and connect with us on Facebook or sign up for our automotive history newsletter. If you’d like your car featured, reach out to us!
We encourage you to share our page and connect with us on Facebook or sign up for our automotive history newsletter. If you’d like your car featured, reach out to us!
Related Posts
April 22, 1996 – Mercedes SLK class debuts at Turin
April 22, 2024
The Cute Ute – 1964 Ford Ranchero for Sale
April 22, 2024
Is Restoring a Classic Car Worth Your Time and Investment?
April 22, 2024
The rarest and most iconic pony cars of the 1960s
April 22, 2024
SUBSCRIBE TO OUR NEWSLETTER!
Connect with us on Facebook or sign up for our automotive history newsletter to keep in touch.