Fiat Industrial S.p.A. is a company into which Fiat S.p.A. (previously Fiat Group) demerged most of its activities not directly related to automobiles at the start of 2011. Fiat Industrial serves as a holding company for the truck manufacturer Iveco; an 89.3% stake in the producer of agricultural and construction equipment CNH Global; and FPT Industrial, which comprises the industrial and marine activities of Fiat Powertrain Technologies. The company is led by Sergio Marchionne as chairman.
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| - Fiat Industrial S.p.A. is a company into which Fiat S.p.A. (previously Fiat Group) demerged most of its activities not directly related to automobiles at the start of 2011. Fiat Industrial serves as a holding company for the truck manufacturer Iveco; an 89.3% stake in the producer of agricultural and construction equipment CNH Global; and FPT Industrial, which comprises the industrial and marine activities of Fiat Powertrain Technologies. The company is led by Sergio Marchionne as chairman.
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| - Trucks, construction and agricultural machinery, industrial and marine powertrains
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| - Sergio Marchionne , Alfredo Altavilla , Harold Boyanovsky
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abstract
| - Fiat Industrial S.p.A. is a company into which Fiat S.p.A. (previously Fiat Group) demerged most of its activities not directly related to automobiles at the start of 2011. Fiat Industrial serves as a holding company for the truck manufacturer Iveco; an 89.3% stake in the producer of agricultural and construction equipment CNH Global; and FPT Industrial, which comprises the industrial and marine activities of Fiat Powertrain Technologies. The company is led by Sergio Marchionne as chairman. At the demerger on 1 January 2011, each existing share of Fiat S.p.A. was converted into one Fiat share and one Fiat Industrial share. This resulted in Exor (the holding company controlled by Agnelli family), which is currently the largest shareholder of Fiat with a quota around 30%, acquiring an analogous allotment of Fiat Industrial shares. Exor has however raised the possibility of the future sale of some of its stake.
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