Fiat Powertrain Technologies
|Founded||2012 (originally 2005)|
|Key people||Sergio Marchionne (President), Alfredo Altavilla (CEO)|
|Products||engines, transmissions and powertrains|
|Revenue||€7,000 billion (2007)|
|Employees||20,500 (February 2009)|
Fiat Powertrain was established in January 2012, a part of Fiat Group Automobiles, which includes all the activities related to powertrains and transmissions to Fiat Group Automobiles. 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.
The company has activities in nine different countries, it has 10 plants and around 20,000 employees. 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.
Fiat Powertrain innovations
- Common Rail technology (1997)
- MultiJet system (2003)
- MultiAir technology (2009)
- TwinAir two-cylinder engine (2010)
- Euro Twin Clutch Transmission (2010)
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.
- "Main Figures 2008". fptpowertrain.com/eng. Retrieved 2009-10-12.
- "Fiat Powertrain". Fiat. Retrieved 3 August 2012.
- "FPR presentation 2008". fptpowertrain.com. Retrieved 2009-10-12.
- "CNH Parts & Service and Fiat Powertrain Technologies Partner to Expand FPT North American Dealer Network". reuters.com. 2009-07-23. Retrieved 2009-10-12.