The Agnelli family has paid €576 million to keep control of Fiat group, the Italian industrial concern that owns Fiat Auto, according to Automotive News Europe.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The Agnelli family retained its 30.06% controlling stake of Fiat group by buying an additional 87.75 million shares of Fiat stock through IFIL, the family’s holding company.


The family’s stake would have been diluted to 21.9% on September 20 when creditor banks convert into shares a €3 billion loan to Fiat group.


In consolidating their control, the Agnellis will leave Fiat’s top management unchanged.


Creditor banks were rumoured to be asking for a new Fiat group chairman to replace Luca Cordero di Montezemolo.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact