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Fiat are the sixth largest car maker in the world, and owners of Ferrari, Maserati, Alfa Romeo and Lancia. Start in 1899 by Giovanni Agnelli and a group of investors, Fiat is a large industrial group and the cars they make are sold in throughout the world though Fiat have pulled out of markets during poor business times, recently reentering the Australian market with their hugely successful new Fiat 500. Fiat have won the European Car of the Year award twelve times with the most recent win being for the Fiat 500 in 2008. The Fiat Punto is a popular model internationally and the Panda is famous for it's economy and small car size, but neither model are sold in Australia. Under the Abarth name, Fiat build performance tuned versions of their cars.
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