Lancia (Italian: [ˈlantʃa]) is an Italian car manufacturer and a subsidiary of FCA Italy S.p.A., which is currently a Stellantis division. The present legal entity of Lancia was formed in January 2007 when its corporate parent reorganised its businesses, but its history is traced back to Lancia & C., a manufacturing concern founded in 1906 in Torino by Vincenzo Lancia and Claudio Fogolin. It became part of Fiat in 1969.
The brand is known for its strong rallying heritage, and technical innovations such as the unibody chassis of the 1922 Lambda and the five-speed gearbox introduced in the 1948 Ardea.[1] Despite not competing in the World Rally Championship since 1992, Lancia still holds more Manufacturers' Championships than any other brand.
Sales of Lancia-branded vehicles declined from over 300,000 annual units sold in 1990 to less than 100,000 by 2010. After corporate parent Fiat acquired a stake in Chrysler in 2009, the Lancia brand portfolio was modifie…