The story
The company was founded in 1907 in Legnano with the acquisition, by Franco Tosi, of the license to produce and market automobiles and bicycles from the British company Wolseley Motors, hence the name "Wolsit".
The founding of Wolsit involved, among others, the Banca di Legnano, which invested 2 million lire in the venture, and Aermacchi of Varese.
The production facilities were located on via XX Settembre in Legnano, along the Domodossola-Milan railway, in a shed owned by Franco Tosi.
In 1907, some Wolsit cars participated in motorsport competitions. Due to the crisis that hit the automobile sector at the time, car production ceased in 1909, just two years after the company's founding.
Even after the end of car assembly, bicycle assembly continued, still under Wolseley license. Wolsit bicycles were famous for their design and construction techniques.
A few years after the end of car assembly, airplane production began, but it was unsuccessful and short-lived.
The company changed its name to Legnano in 1927, after which the name "Wolsit" survived as a brand for a few decades. From 1910 to 1932, the company also produced motorcycles under the Wolsit brand.
From Wikipedia’s article on Wolseley Italiana, shared under CC BY-SA 4.0.3
