Fiat is a well-known Italian car brand that you can invest in by using an online broker. But where can you buy Fiat shares against low fees? And what is the current Fiat stock price? In this article you can read everything you need to know!
How to actively invest in Fiat?
People buy a new car faster when they have a lot of money to spend. A share like Fiat is therefore cyclical, which means that the price positively correlates with economic developments. When the economy is doing well, the company is more likely to deliver good results. Negative events, like the credit crunch or the corona crisis, can however put the company's share price under considerable pressure. As an active investor, you can take advantage of both the upward and downward movements.
A good party where you can speculate on the CFD share Fiat is Plus500. At Plus500, you can quickly open a new order on the stock with the user-friendly software. Do you want to try the possibilities for free with a demo? Then use the button below to get started immediately:
How to buy Fiat shares?
Do you think the carmaker will sell more cars in the future? Then it may be smart to invest in Fiat shares. A good party where you can buy Fiat shares is DEGIRO. At DEGIRO you pay low transaction costs, so even with a small amount of money you can invest in this company. You can then choose to buy small amounts of shares in different car companies. Use the button below to open an account directly with DEGIRO:
What is Fiat's stock price?
Are you curious how the CFD stock Fiat has developed over the past period? The graph shows exactly how the stock has developed in recent weeks. Use the buttons to take a position immediately.
About the company FIAT
FIAT is a well-known Italian car manufacturer until 2014. These 4 well-known letters represent the words Fabbricia Italiana Autimobili Torino. The last letter refers to the original location of the company. Turin was where the company was founded in 1899. The company's headquarters are still in Turin.
The early years of FIAT
In 1899, Giovanni Agnelli decided to start a car factory of which he himself would be the director. With the 24 cars produced that year, FIAT's start as a car manufacturer was a fact.
How did Fiat convince consumers of the good quality of the cars produced by the company? They did this by delivering successful results during various car rallies. In 1908, the company made the transition to America. This early move allowed the company to grow considerably.
The Fiat brand and many other car brands
The company's car business is not just Fiat. In 1979, Fiat was a car factory in which the brands Fiat, Lancia, Abarth, Autobianchi and Ferrari worked together. In 1984, the company expanded to include the Alfa Romeo brand. In 1993, a further expansion with the Maserati brand followed.
The successful new Fiat 500
One of the most successful Fiat models is undoubtedly the Fiat 500. The first ones came off the production line in Turin in 2007. The first original Fiat 500 was made there 50 years earlier. The new 500, even though the car is a lot bigger, is clearly inspired by its well-known small predecessor.
The new Fiat 500 with its retro design became a success. The entire fleet in the first year of production sold out within two weeks. In 2008, the new Fiat 500 won the title car of the Year. More than 2.1 million copies of this model have now been purchased.
Do you think Fiat will come up with a new, innovative model in the future? Then it may be interesting to buy Fiat shares.
Splitting up the company
In 2010, shareholders decided that the company should be split. This is how separate companies were created. The car business was transferred to Fiat S.p.A. Fiat Industrials focuses on the company's other activities. Then there is Fiat Power Trains Technologies. This company is involved in producing engines for industrial applications. In addition, this company produces gearboxes and the engines for Fiat, Alfa Romeo, and Lancia.
Merger of Fiat and Chrysler
In 2014, the companies Fiat and Chrysler merged. This is how Fiat Chrysler Automobiles N.V. (FCA) was born. The merged company consist of the following two subsidiaries:
- The former FIAT group became FCA-Italy. This subsidiary includes the car brands Fiat Alfa Romeo and Lancia, the engine manufacturer VM Motori and the tuning division Abarth.
- The former Chrysler group became FCA-US. This subsidiary includes the car brands Chrysler, Jeep, Dodge, and RAM Truck, the Street and Racing Technology tuning division and the Movar parts and service division.
FCA’s main office is located in Lijnden. This village is located west of Amsterdam.
No dividend payment and completion of merger
In May 2020, both Fiat Chrysler and Peugot announced that no dividend will be paid in 2019. According to both companies, the decision was taken because of the corona crisis. According to the two companies, the discussions about a merger between them are going well. The deal could most likely be completed by the first quarter of 2021.
Before you buy Fiat shares, research whether you think this merger will be beneficial for the company. If this is the case, you may consider an investment in the company.