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Alfa Romeo
Alfa Romeo Automobiles S.p.A. () is an Italian carmaker The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. It is one of the world's largest industries by ... known for its sports-oriented vehicles, strong auto racing heritage, and iconic design. Headquartered in Turin, Italy, it is a subsidiary of Stellantis Europe and one of 14 brands of Multinational corporation, multinational automotive company Stellantis. Founded on 24 June 1910 in Milan, Italy as A.L.F.A.—an acronym for ''Anonima Lombarda Fabbrica Automobili''—the company was established by Cavaliere Ugo Stella to acquire the assets of the ailing Italian subsidiary of French carmaker Automobiles Darracq France, Darracq, of which he had been an investor and manager. Its first car was the ALFA 24 HP, 24 HP, designed by Giuseppe Merosi, which became commercially successful ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
