Fiat is Italy's largest private industrial enterprise and one of the founders of the European automotive industry. In its over 100 years of existence it has designed, built and sold cars, trucks, farm equipment, construction equipment, engines, transmissions and components, focusing on both technological innovation and environmental compatibility. Yet its more than a century of history has also included trains and airplanes.
Effective January 1st of this year, Fiat Group was de-merged to form two separate entities, Fiat S.p.A. and Fiat Industrial S.p.A., in pursuit of growth, autonomy and efficiency. The former, which has 119 facilities and approximately 130,000 employees, considers automobiles and everything that surrounds them to be its core business. The latter, with a staff of over 61,000 and 85 production plants (including 16 operated under joint ventures), manufactures and markets farm and construction equipment, industrial vehicles and engines.
The profound cultural shift that the company has undergone, along with the efforts it has made to achieve excellent levels of quality and expand its product line, have rewarded it and allowed it to reach important milestones. The numbers and extensive international recognition confirm this fact: yet also, and most importantly, so do the millions of customers who have chosen our products.
Fiat is committed to operating its international business in accordance with the values of sustainable development: integrity, respect, a sense of responsibility, and care for the environment and the communities with which it comes into contact. The company's leadership in this field has been confirmed by its continuing presence in the Dow Jones Sustainability World and Dow Jones Sustainability Europe indices. The DJSI World and DJSI Europe are the world's most prestigious indices, admitting only companies judged best at managing their businesses according to sustainable criteria.
Meritocracy, leadership, competition, best-in-class performance and keeping promises: these are the five key principles, the five fundamental pillars that support Fiat's profound cultural transformation. Business growth is first and foremost an issue of people, culture, and commitment: a willingness to view the future as a great opportunity for everyone.
Fiat has decided to act as a partner to the celebration of the 150th anniversary of the country's unification because it is an extraordinary event that will allow Turin, Fiat's birthplace, and all of Italy to present the best of what it has to offer to the world: artistic and cultural beauty, creativity and Italian design, innovation, quality of life, history and food and wine. We will be present not only with our vehicles, but also with various marketing and product initiatives that will involve not only specialized journalists from all around the world but also all of our Italian and foreign dealerships. Supporting events with the potential to produce lasting effects over time is a way to uphold the values of responsibility and care for the community on which the Fiat business model is founded.