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Established in Turin in 1899, Fiat was one of the founders of the automobile industry. The Fiat Group's automobile operations are carried out primarily by Fiat Auto Holdings B.V. and its subsidiaries, which sell cars internationally under the Fiat, Alfa Romeo, Lancia and Commercial Vehicles. However, currently Lancia is not sold in the UK market. The Group also controls Ferrari and Maserati, which manufacture luxury sports cars. In early 2002 the Automobile sector adopted a new structure based on four business units: Fiat/Lancia/Commercial Vehicles, Alfa Romeo, International Development and lastly Services. A Unit specialising in aftersale services flanks the core units.
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The Fiat Group is a lot more than just vehicles, however. It has leveraged its expertise in the automotive field in an original way, expanding its mission to include the various areas of people and freight mobility: from cars to trucks, from marine engines to aircraft engines and, in more recent years, even space launchers. By drawing on valuable internally developed skills, the Group created, alongside its industrial operations, an increasingly important and varied array of service businesses, which in recent years have provided a growing contribution to its total revenues. The main sectors being agricultural and construction equipment.
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Specifically in the UK, the Fiat Group comprises 28 companies, 6 manufacturing plants and 4 R&D centres, employing 5,000 people and generating annual sales of £2.5 billion.
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