Demise
In 1925, the company was revamped and the name was changed to 'Auto Costruzioni Meccaniche Chiribiri' but sales of road going vehicles were never high, due in large part to the poor performance of the side-valve Milano whilst its higher 'aeronautical' engineering quality standards necessitated higher pricing. So, despite the 1927 venture into diesel and industrial engines, when financial depression hit Europe the company closed on 3 September 1929, its assets being sold to Lancia.
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