The Automotive industry in Italy is a quite large employer in the country, it covered over 2,131 firms and employed almost 250,000 people in 2006. Italy's automotive industry is best known of its automobile designs and small city cars, sports and supercars. The automotive industry makes a significant contribution of 8.5% to Italian GDP.
Italy is the one the significant automobile producers in Europe and World.
Today the Italian automotive industry is almost totally dominated by Fiat Group, in 2001 over 90% of vehicles were produced by it. As well as its own, predominantly mass market model range, Fiat also owns the upmarket Alfa Romeo and Lancia brands as well as the exotic Ferrari and Maserati.
Italian cars won in the European Car of the Year annual award one of the most times among other countries (including Fiat most that any other manufacturer) and in World Car of the Year award also.
Read more about Automotive Industry In Italy: Production Figures
Famous quotes containing the words industry and/or italy:
“You must, to get through life well, practice industry with economy, never create a debt for anything that is not absolutely necessary, and if you make a promise to pay money at a day certain, be sure to comply with it. If you do not, you lay yourself liable to have your feelings injured and your reputation destroyed with the just imputation of violating your word.”
—Andrew Jackson (1767–1845)
“In Italy for thirty years under the Borgias they had warfare, terror, murder, bloodshed—they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland they had brotherly love, five hundred years of democracy and peace, and what did they produce? The cuckoo clock!”
—Orson Welles (1915–84)