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!Note - Fiat. S.p.A. (an acronym for Fabbrica Italiana Automobili Torino, Società per Azioni), is an Italian automobile manufacturer based in Turin. Fiat was founded in 1899 by a group of investors, including Giovanni Agnelli. During its more than century-long history, Fiat has also manufactured railway engines and carriages, military vehicles, farm tractors, and aircraft. As of 2009, the Fiat group was the world's ninth largest carmaker and the largest in Italy.