Alfa Romeo is an Italian producer of high-end vehicles. It was incorporated in 1910; the name Alfa being derived from the phrase "Anonima Lombarda Fabbrica Automobili". Alfa Romeo soon entered into the racing circuit and began to emerge as a company that had a well-known reputation for producing reliable and expensive sports cars. Enjoying this fame, Alfa Romeo was part of an Italian holding group up until the year 1986. The Fiat conglomerate then oversaw various ownership aspects of Alfa Romeo until it was fully absorbed into Fiat S.p.A in 2007.
After the Second World War and an appreciable dip in production to accommodate wartime efforts, Alfa Romeo emerged as the company to beat during many Grand Prix competitions. Capitalising on this fame, Alfa Romeo began to produce what would prove to be some of the most well-known vehicles in the industry, perhaps most notably the GTA line of sports cars (deriving from Gran Turismo Allegerita). By the 1970s and early 1980s, the fame of the Alfa Romeo line of vehicles had spread throughout Europe and into the United States.
There have also been rumours circulating that Alfa Romeo has been in talks with Chrysler to negotiate for the use of unoccupied production plants located within the United States. Alfa Romeos are particularly popular amongst the wealthy in many countries; the brand itself having become synonymous with style and sophistication. Due to the rather niche market that Alfa Romeo occupies, it is expected that this manufacturer will continue to do quite will in the automobile industry.