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Fiat - Ecobasic series

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About Fiat

Fiat S.p.A., is an Italian automobile manufacturer, engine manufacturer, financial and industrial group based in Turin, Northern Italy. Founded in 1899 by a group of investors including Giovanni Agnelli, the company name FIAT is an acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), and it also means "let there be" in Latin. Fiat was also an aircraft manufacturer at one time.

Fiat branded cars are constructed all around the world; in Italy, Poland, Brazil (best seller ) and Argentina. Joint Venture productions in France, Turkey, Egypt (with the state owned Nasr car company), South Africa, India and China.

Agnelli's grandson Gianni Agnelli was Fiat chairman from 1966 until his death on January 24, 2003. However, from 1996, he only served as an "honorary" chairman, while the chairman was Cesare Romiti. After their removal, Paolo Fresco served as chairman and Paolo Cantarella as CEO. Umberto Agnelli then took over as chairman from 2002 to 2004. After Umberto Agnelli's death on May 28, 2004, Luca Cordero di Montezemolo was named chairman, but Agnelli heir John Elkann became vice chairman at age 28 and other family members are on the board. At this point, CEO Giuseppe Morchio immediately offered his resignation. Sergio Marchionne was named to replace him on June 1, 2004.

Activities

The group's activities were initially focused on the industrial production of cars, industrial and agricultural vehicles. Over time it has diversified into many other fields, and the group now has activities in a wide range of sectors in industry and financial services. It is Italy's largest industrial concern. It also has significant worldwide operations, operating in 61 countries with 1,063 companies that employ over 223,000 people, 111,000 of whom are outside Italy.

Automobiles

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S4 8v 1.2L      A-5
45.0 kW / 60.3 hp / 60.3 hp  163.0 N·m / 120.2 lb·ft / 120.2 lb·ft
   

Fiat Ecobasic (2001)

minivan (multi-purpose vehicle, MPV), diesel 4-cylinder 8-valve straight (inline) engine, 1200 cm3 / 73.2 cu in / 73.2 cu in, 45.0 kW / 60.3 hp / 60.3 hp @ 3500 rpm / 3500 rpm / 3500 rpm, 163.0 N·m / 120.2 lb·ft / 120.2 lb·ft @ 1800 rpm / 1800 rpm / 1800 rpm, automatic 5-speed transmission, front wheel drive

Infobox

Beyond basic auto insurance

In addition to having enough liability protection, there are some other coverages you should consider:

Collision: Pays for damage to your car resulting from a collision with another car, an object or as a result of flipping over. It also covers damage caused by potholes. Even if you are at fault for the accident, your collision coverage will reimburse you for the costs of repairing your car, minus the deductible. If you are not at fault, your insurance company may try to recover the amount they paid out from the other driver’s insurance company though a process called subrogation. If the company is successful, you will be reimbursed for the deductible.

Comprehensive: Reimburses you for loss due to theft or damage caused by something other than a collision with another car or object, such as fire, falling objects, missiles, explosion, earthquake, windstorm, hail, flood, vandalism, riot, or contact with animals such as birds or deer. Comprehensive insurance will also reimburse you if your windshield is cracked or shattered; some companies may waive the deductible on the glass portion of this coverage.

Uninsured and Underinsured Motorist Coverage: Reimburses you, a member of your family, or a designated driver if one of you is hit by an uninsured or hit-and-run driver. Underinsured motorist coverage comes into play when an at-fault driver has insufficient insurance to pay for your total loss. These coverages are required in 19 states, but available in all. It is important to purchase the same amount of coverage for uninsured/underinsured motorists as you have for liability to others.

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