Fiat is an Italian car manufacturer that was founded in 1899. Being the biggest car producer in Italy, Fiat produces over 1,4 million of cars every year. In the past, before the car industry crisis in 1980s, Fiat was third-biggest automaker in the world. Company specializes in producing automobiles. Fiat is owned by Fiat Chrysler Automobiles. Fiat produced cars 12 times were awarded as the European car of the year, more than vehicles of any other manufacturer.