FPT Industrial
TypeSubsidiary
IndustryAutomotive
FoundedTurin, Italy (2005 (2005))
HeadquartersTurin, Italy
Productsengines, transmissions and powertrains
Revenue€7.000 billion (2007)[1]
Number of employees
20,500 (February 2009)
ParentIveco
Websitewww.fptindustrial.com

FPT Industrial (Fiat Powertrain Technologies) is an Italian multinational designer and manufacturer of transmissions, axles, diesel and petrol engines that was established in March 2005 as a Fiat Group division which included all the activities related to powertrains and transmissions.[2] The company was formed following the dissolution of the alliance between Fiat and General Motors.

Between 2005 and 2011, the company also included industrial and commercial powertrain activities that were subsequently spun off as a separate entity named FPT Industrial, which is currently an Iveco Group brand.

In January 2013 Fiat Powertrain Technologies was incorporated in Fiat Group Automobiles.

FPT Verrone plant.
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

Current status

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. on January 1, 2011.

FPT Industrial S.p.A. is now part of Iveco Group and produces powertrains for On-Road, Off-Road, Marine and Power Generation applications.

See also

References

  1. ^ "Main Figures 2008". fptpowertrain.com/eng. Archived from the original on September 10, 2009. Retrieved 2009-10-12.
  2. ^ "Fiat Powertrain". Fiat. Archived from the original on August 1, 2012. Retrieved 3 August 2012.
  3. ^ "FPR presentation 2008" (PDF). fptpowertrain.com. Retrieved 2009-10-12.[dead link]
  4. ^ "CNH Parts & Service and Fiat Powertrain Technologies Partner to Expand FPT North American Dealer Network". reuters.com. 2009-07-23. Archived from the original on 2013-02-01. Retrieved 2009-10-12.
  5. ^ "Target Zero: Fiat's engine innovation explored" (19 February 2010). Wired. Retrieved 2 January 2015.