Fiat currencies are issued and regulated by a country's central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed ...
More: Stellantis Built Less Than 500k Cars In Italy Last Year, A 37% Drop From 2023 In its home market of Italy, Fiat retained its crown as the country’s best-selling brand with 190,000 sales in 2024, ...
Fiat claims that it is on pace to earn two billion euros ($2.8 billion in U.S. funds) in 2010. Good news to be sure, but Reuters reports that CEO Sergio Marchionne says that the company's five ...