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 | Fiat Chrysler Automobiles |
| 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.
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., effectively on 2001-01-01.
Fiat Industrial S.p.A. produces industrial, marine and commercial engines and powertrains.
See also
- List of Italian companies
References
- ↑ "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.
- ↑ "Target Zero: Fiat's engine innovation explored" (19 February 2010). Wired. Retrieved 2 January 2015.
External links
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