Having discontinued the 124 Spider convertible and 500L wagon for the 2021 model year, the 500X crossover is Fiat's sole remaining new model sold in the United States. Fiat's vehicles are known for their distinctive styling and customization options.

Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford for over 20 years, until the car industry crisis in the late 1980s.

Fiat S.p.A., or Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), was an Italian holding company whose original and core activities were in the automotive industry, and that was succeeded by Fiat Chrysler Automobiles NV (FCA).

Therefore, FIAT stands for Fabbrica Italiana Automobili Torino. In English, this means Factory Italy Automotive Turin when translated directly. A slightly more indirect translation, but one that makes a bit more sense, is Italian Automobiles Factory, Turin.