Industria Argentina de Vehículos de Avanzada (abbrevriated IAVA) was an automotive company created in 1971 by 16 owners of Argentine Fiat dealerships.[1] Headquartered in Martínez, Buenos Aires, IAVA was the first manufacturer of performance vehicles in Argentina,[1] being a subsidiary of Fiat Concord and then Sevel Argentina until it was closed in 1985.
As Abarth did in Italy, the goal of IAVA was to provide the Argentine industry with a higher performance version of the Argentinian Fiat 128. The philosophy was to use the platform of the 128, but change the engine to a transversely mounted 1100 cubic centimeter four cylinder. With this new engine IAVA offered, in addition to the increase in power, more comfort, and even aerodynamic accessories for the 128.[1]