History of Italian automotive manufacturer Alfa Romeo
The history of Alfa Romeo, an Italian car manufacturer known for producing sports cars,[1] began on June 24, 1910 with the founding of ALFA (an acronym for "Anonima Lombarda Fabbrica Automobili") in Milan.[2] In 1918 the company changed its name to "Alfa Romeo" following the acquisition of control of the company by Nicola Romeo.[3]
In 1933 ownership of Alfa Romeo passed, through IRI, to the Italian state because of the heavy debt the company had incurred with banks since the previous decade.[4] Alfa Romeo continued to produce cars in a semi-craftsmanship manner until the early 1950s, when it transformed into a full-fledged automobile manufacturer with the introduction of the assembly line[5] in the production departments. From this decade on, Alfa Romeo experienced a phase of growing success that reached its peak in the 1960s.[6] In the 1970s, however, there was a turnaround that caused a deep crisis.[7] The failing finances then led the Italian state, in 1986, to sell the automaker to the Fiat group.[8] The revival of Alfa Romeo took place in the second part of the 1990s.[9] In 2014, it became part of the brands controlled by Fiat Chrysler Automobiles and from 2021 by Stellantis.
^Tabucchi (2010, pp. 18 and 20).
^Sannia (2010, p. 14).
^Owen (1985, p. 13).
^Owen (1985, p. 32).
^Owen (1985, p. 45).
^Sannia (2010, p. 87).
^Sannia (2010, p. 110).
^Sannia (2010, p. 142).
^Sannia (2010, p. 156).
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