FACTBOX-Key facts about automaker Fiat SpA

Newswire

(Reuters) - Chrysler LLC filed for bankruptcy protection on Thursday and announced an industry-changing deal with Italy's Fiat SpA. Fiat gets a stake starting at 20 percent, and can become the majority owner once government loans are repaid. Here are key facts about Fiat: * Fiat is an acronym for Fabbrica Italiana Automobili Torino. Founded in 1899, Fiat was built up by Giovanni Agnelli, who was inspired by Henry Ford's mass-assembly production line for the Model T car. Agnelli's ...

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