I have heard this term used quite a bit on various Ferrari-related programs, and it seems to be a derogatory one. Apparently the 348 was squarely in the Fiat era, but I had two 348s and I thought both were quite nice cars and I never had a problem with either of them. I wasn't super crazy about the dash and the gauge design, but I am sure that it was great for that period. Fiat owned 90% of Ferrari from 1988 until 2014, yet the 2000s cars are not considered Fiat era, is that correct? Supposedly, "Fiat era" ended with the end of the f355, but I don't get the math on that, since Fiat's majority ownership went for many years after that. Can the experts weigh in on this?