Is Fiat Made By Ferrari?
In 1969, Fiat S.p.A., also known as the Italian Automobile Factory of Turin (Fabbrica Automobili Torino), acquired a 50% stake in Ferrari. Fiat increased its stake in Ferrari to 90% in 1988 (Enzo Ferrari held the remaining 10%), although it never had full control over the business. Ferrari The automaker is the subject of this …
