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Alfa Romeo is a name that brings to mind
memories of a great past. And of course it does have a history of great
triumphs, racing trophies galore, not to mention giving the great Enzo
Ferrari the chance to learn his trade. Anonima Lombarda Fabbrica
Automobili was formed in 1910.
In 1915 Italy entered the war, the country became gripped in recession,
ALFA found itself desperately short of funds. Nicola Romeo came to the
rescue. Romeo an electrical engineer, was manufacturing compressors at the
time, and wanted to expand his business, so in late 1915 he acquired
Alfa's assets.
The new Company needed to restructure, in 1919 a young test driver was
employed, his name Enzo Ferrari. Enzo introduced designer Vittorio Jano to
Alfa Romeo. Jano a designer of great talent had incredible success with
the P2 racecar and brought Alfa Romeo the Grand Prix Championship. The
Italian government were hugely impressed and asked Nicola Romeo if he
would manufacture, under license, the British aero engine nine-cylinder
Bristol Jupiter.
However, by the mid 1920's Alfa Romeo were in financial trouble, too much
time and money went into achieving racing success and not enough on
producing and selling road cars. The company could not meet its own
running costs. A major banking consortium took over and instructed a
massive reorganisation. Nicola Romeo was replaced as president of the
company by Ugo Ojetti.
The Italian governments invitation to Alfa Romeo to build aero engines
could not have helped matters, but it was an invitation Alfa Romeo
couldn't refuse, because of the prestige and honour of doing such valuable
government work. But the costs of setting up aero engine production did
not help Alfa Romeo's plight.
Nearly all Alfa Romeo's production capacity was now taken up with the
manufacture of aircraft engines, including the new government contract to
produce the seven-cylinder Armstrong-Siddley Lynx. In 1929 the Wall Street
Crash brought near collapse of Alfa Romeo, then later Milan was shaken by
the news that Alfa Romeo could not continue trading without outside help.
Mussolini decided that Alfa Romeo was a company of great national
importance and pride, and should become state-owned.
When World War II began, Alfa Romeo ceased building cars; the company's
efforts were put into building aero engines, buses and engines for ships.
When the war was over Alfa Romeo returned to car building, eventually with
great success. Alfa Romeo was now set for a financially stable future.
In 1986 the Italian government decided that they should release some of
their holdings, and Alfa Romeo came up for sale. Two bidders announced
offers, Ford and Fiat. Undoubtedly the Ford bid was the best but the
Italian public were outraged that Alfa Romeo could end up in American
hands. Due to public pressure, politicians had no alternative and sold
Alfa Romeo to Fiat.
The badge is an adaptation of the arms of the Visconti family, who held
the Duchy of Milan. The red cross denotes the Christian Crusades against
Islam from the 10th to the 13th century. The serpent with the human in its
mouth is in honour of Umberto of Angera, where legend tells of a serpent
roaming the area in the fifth century devoured humans. Umberto of Angera,
the founder of the family is said to have slain the beast.
Alfa Romeo:
147 - Ins Group 11-14
159- Ins Group 11-14
GT - 1.9 JLDM Coupe, Ins Group 15 | 2.0
JTS Coupe, Ins Group 16 | 3.2 V6 24v Coupe Ins Group 19
Brera - Ins Group 16 +
(estimated)
Alfa Insurance:
Churchill
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