Sevel

Sevel S.p.A. (acronym of "Società Europea Veicoli Leggeri" - "Société Européenne de Véhicules Légers" (European Light Vehicle Company)) is an Italian automotive company which produces light commercial vehicles. It was first established in 1978 by Fiat S.p.A. and PSA Group. Formerly, Alfa Romeo, Lancia and Talbot were also part of the joint venture. Sevel Sud in Italy began manufacturing in 1981. Sevel Nord in France started in 1993. Fiat sold its share of Sevel Nord to PSA in 2012 and re-entered it through the merger of FCA and PSA into Stellantis in 2021. A joint venture extension for Sevel Sud was agreed upon by both automakers in February 2019, preceding the merger of both companies into Stellantis.

The versatile acronym was also used by Fiat and Peugeot's Argentinian subsidiary since December 1980, and later also in Uruguay. Here, however, the abbreviation signified "Sociedad Europea de Vehículos para Latinoamérica" (European Company for making Vehicles for Latin America).