You're right, the Cemsa-Caproni derived its name from the manufacturing organization Caproni Elettromeccanica Saronno, and was an interesting prototype produced by a major aircraft concern looking for something else to do in its factories. The F11 first appearing at the 1947 Paris Show where it caused a sensation, with horizontally opposed,water-cooled 4-cylinder 1.100cc engine mounted ahead of the driven front wheels,a pressed steel platform-type chassis, and independent suspension all around. The same car reappeared at Turin in 1949, but plans to put into production never materialized and Minerva took up the design with no further development in 1953.Its advanced design was far from abortive however, for ten (!) years later it formed the basis of the highly successful 1.500cc front-drive, flat-four Lancia Flavia of 1960.