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Fiat has owned part of Ferrari since 1969 when it bought a 50% stake in the carmaker. Fiat has been Chrysler's parent since right after Chrysler's bankruptcy and government bailout in 2009. Fiat officially took over Chrysler last year as the two companies merged into FCA. Â© 2017 Time Inc.
In 1991, the company stopped importing cars into the U.S. Fiat bought Maserati in 1993 and variants of the Biturbo continued to be produced until the factory closed in 1997 for a total refurbishing. During this time, Ferrari bought 50 percent of Maserati and went on to acquire full control of the marque.ith only 138 cars produced in that long span, most of Maserati's money came from its other products: spark plugs and car batteries. The Maserati 3500 GT, fitted with a double-overhead-cam inline six, debuted in the mid-1950s.