The automotive industry in Italy is a quite large employer in the country, it had over 2,131 firms and employed almost 250,000 people in 2006. Italy's automotive industry is best known for its automobile designs and small city cars, sports and supercars. The automotive industry makes a contribution of 8.5% to Italian GDP.
Italy is one of the significant automobile producers in Europe and the World.
Today the Italian automotive industry is almost totally dominated by Fiat Group; in 2001 over 90% of vehicles were produced by it. As well as its own, predominantly mass market model range, Fiat owns the upmarket Alfa Romeo and Lancia brands and the exotic Ferrari and Maserati.
Italian cars won in the European Car of the Year annual award one of the most times among other countries (including Fiat most that any other manufacturer) and in World Car of the Year award also.