| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | Turin, Italy (2005 (2005)) |
| Headquarters | Turin,Italy |
| Products | engines,transmissions andpowertrains |
Number of employees | 20,500(February 2009) |
| Parent | Iveco |
| Website | www |
FPTIndustrial is an Italian multinational designer and manufacturer oftransmissions,axles,diesel andpetrol engines that was established in March 2005 as aFiat Group division which included all the activities related to powertrains and transmissions.[1] The company was formed following the dissolution of the alliance between Fiat andGeneral 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 anIveco Group brand.
In 2022 FPT announced acquisition of minority stake in Indianalternate fuel powered commercial vehicle manufacturer Blue Energy Motors.[2] Blue Energy Motors launched India's firstLNGHCV which had FPTpowertrain.[3] The same FPT N67 engine was also used in theNew Holland T7concept tractor.[4]
The company has activities in nine countries, it has 10 plants and around 20,000 employees.[5] With output of around 2.9 million engines and 2.4 million transmissions and axles annually, FPT Industrial is one of the largest companies in the powertrain sector.[6]
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.