Some will say that FIAT means “Fix It Again Tony” but in reality it means “Fabbrica Italiana Automobili Torino”, and was founded in 1899 by a group of investors. The first car was the 3 ½ CV (only 24 copies were built). Fiat built several cars that entered the legend of car racing. But FIAT is mostly known for their friendly and cute looking little cars. Everyone has a smile when coming across a 500. Equipped with a twin-cylinder, the 500 model was built in over 3 million units. FIAT launched the 124 in 1966, a car that would become one of the most widely known, right next to the 500. The Fiat sports cars had their own share of acclaim, especially the Dino V6 equipped with the 1987 cc Ferrari double overhead camshaft engine. Speaking of Ferrari, it was later absorbed by Fiat, in 1969, but that's another Legend!