FIAT is Italy's car company, I believe at least partly state-owned. It's the parent company of Ferrari, Maserati, Alfa Romeo, Lancia, others. And 20% owner of Chrysler Corp.
A decade ago on a vacation in southern Spain, we had a FIAT Punto rental car... not too bad. The A/C even worked. A non-turbo diesel as I recall, I gradually got it up to ~170kph on the freeway, briefly before I chickened out and then stayed under ~150 as the M-B and Audis passed on by.
FWIW, that trip was the first time we ever saw smart cars, and thought them a lot cuter than the Punto. 🙂 Also FWIW, I now own a smart car myself...