Fiat-Concord Fabrica Material Ferroviario is a subsidiary of Italian automaker Fiat, founded as part of Fiat in 1960.
1959: The Argentine government regulates the auto industry to promote the development of local production. Fiat decides, like other manufacturers, including Americans, creating a center for local production to satisfy the law that imposes a local integration rate of 70%. Sept. 30 authorizes the Argentine government build cars in Argentine territory to Fiat.
08/04/1960: The new plant in Argentina Fiat subsidiary Concord, located Caseros, produced its first car, a Fiat 600 Concord, identical in all respects to the original Italian. They then created a second production line with capacity for 4,000 copies of the Fiat 1100 D.
1963: At the end of the year, Fiat 1100 is replaced by the Fiat 1500.