Fiat Powertrain Technologies
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| Subsidiary | |
| Industry | Automotive |
| Founded | Turin, Italy (2012) |
| Headquarters | Turin, Italy |
Key people | Sergio Marchionne (President), Alfredo Altavilla (CEO) |
| Products | engines, transmissions and powertrains |
| Revenue | €7,000 billion (2007)[1] |
Number of employees | 20,500 (February 2009) |
| Parent | CNH Industrial N.V. |
| 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 and Iveco Motors 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.
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
- Variable Valve Timing (1960). First patent of automotive variable valve timing
- Common Rail technology (1997). Patent sold to Robert Bosch later[5]
- MultiJet system (2003)
- MultiAir technology (2009)
- TwinAir two-cylinder engine (2010)
- Euro Twin Clutch Transmission (2010)
FPT Industrial
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 CNH Industrial and produces powertrains for On-Road, Off-Road, Marine and Power Generation applications.[6]
See also
References
- ↑ "Main Figures 2008". fptpowertrain.com/eng. Archived from the original on September 10, 2009. Retrieved 2009-10-12.
- ↑ "Fiat Powertrain". Fiat. Archived from the original on August 1, 2012. Retrieved 3 August 2012.
- ↑ "FPR presentation 2008" (PDF). 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.
- ↑ "Target Zero: Fiat's engine innovation explored" (19 February 2010). Wired. Retrieved 2 January 2015.
- ↑ "The Company, history and products". FPT Industrial. Retrieved 2016-03-04.
External links
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