Fiat Powertrain Technologies

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Fiat Powertrain Technologies S.p.A.
Type Subsidiary
Industry Automotive
Founded Turin, Italy (2012 (2012))
Headquarters Turin, Italy
Key people Sergio Marchionne (President), Alfredo Altavilla (CEO)
Products engines, transmissions and powertrains
Revenue €7,000 billion (2007)[1]
Employees 20,500 (February 2009)[1]
Parent Fiat S.p.A.
Subsidiaries VM Motori
Website Fiat Powertrain

Fiat Powertrain Technologies (FPT) was established in January 2012, as a spinoff from Fiat Group Automobiles, which includes all the activities related to powertrains and transmissions to Fiat Group Powertrains, Iveco Motors and Fiat Group's research center.[2]

Between 2005 and 2011, the company was called Fiat Powertrain Technologies S.p.A. and included industrial and commercial power train activities that are now a separate entity called FPT Industrial and a subsidiary of Fiat Industrial. The company was originally formed in March 2005 following the dissolution of joint venture with General Motors. It is a successor to Sofim.[citation needed]

FPT Verrone plant.

The company has activities in nine different countries, it has 10 plants and around 20,000 employees.[3] With output of around 2.9 million engines and 2.4 million transmissions and axles annually, Fiat Powertrain Technologies is one of the largest companies in the powertrain sector.[4]

Fiat Powertrain innovations[edit]

FPT Industrial[edit]

As a result of partial and proportional demerger of Fiat S.p.A. TO Fiat Industrial S.p.A., Fiat Powertrain Technologies S.p.A. was split into Fiat Powertrain and FPT Industrial S.p.A., effectively on 2001-01-01.

Fiat Industrial S.p.A. produces industrial, marine and commercial engines and powertrains.

See also[edit]

References[edit]

  1. ^ a b "Main Figures 2008". fptpowertrain.com/eng. Retrieved 2009-10-12. 
  2. ^ "Fiat Powertrain". Fiat. Retrieved 3 August 2012. 
  3. ^ "FPR presentation 2008". fptpowertrain.com. Retrieved 2009-10-12. 
  4. ^ "CNH Parts & Service and Fiat Powertrain Technologies Partner to Expand FPT North American Dealer Network". reuters.com. 2009-07-23. Retrieved 2009-10-12. 

External links[edit]