Alfa Romeo is an Italian high-end sports car brand founded in 1910 in Milan, Italy. Alfa Romeo cars have always been known for their elegant design and high performance, especially in the Gran Turismo and Sports segments, has also achieved recognition with high-end sedans competing with BMW, Audi or Volvo, among other premium brands.
For his part, Nicola Romeo was an industrial entrepreneur who also worked in the field of finance. In 1911, he had founded his own machinery factory which he called Società in accomandita semplice Ing.Nicola Romeo e Co… In 1915, after the takeover of A.L.F.A. by investors, he was put in charge of the Anonymous Lombarda in representation of the banks and redirecting the factory of Portello to the production of war material. With the acquisition of the Saranno and Tabanelli offices, he changed the name of his first company to Società Anonima Ing.Nicola Romeo e Co. After the end of the First World War, in 1920 he decided to merge A.L.F.A. with his own company, thus constituting Alfa Romeo SpA, resuming the production of automobiles.
Alfa Romeo is one of the brands that has created more jewels in history.
Alfa Romeo was owned by the Istituto per la Ricostruzione Industriale from 1932 to 1986. After having financial problems at various times, it was incorporated in 1987 into the Fiat Group in Turin, as other historic Italian brands such as Ferrari, Maserati and Lancia had done before.
In 2004 Alfa Romeo manufactured 162,179 cars, 11% less than the 182,469 produced in 2003. In 2007 Alfa Romeo produced 151,900 cars, 3.7% less than in 2006. In 2008, the compact hatchback MiTo, the brand’s smallest model, was introduced. The global financial crisis has postponed until 2015 Alfa Romeo’s plans to re-enter the United States, a market it left in 1995.