Fiat Industrial began operations on the 1st of January 2011 following the demerger of the activities of Iveco, CNH and FPT Industrial from Fiat S.p.A.
This demerger gave life to an industrial and commercial enterprise (listed on the Milan Stock Exchange) with a clear strategic focus, financial solidity and the independence necessary to realize the maximum potential for its trucks and commercial vehicles, agricultural and construction equipment and industrial and marine powertrain businesses.
The group has behind it the vast know-how of Fiat which began producing tractors, trucks, buses and marine engines more than 100 years ago. The CNH and Iveco brands inherited a grand tradition of historic achievements and technological know-how. They have continued to build on that base and today, with their proven experience and innovative capacity, are among the global leaders in their respective sectors.