Fiat Auto SpA forms a new unit, Fiat Powertrain Technologies, to boost sales of engines and components to other auto makers, as well generate cost savings across what was a vast web of engine development and production operations. The unit will combine 26 plants and 16 research and development centers in 12 countries from Fiat Auto Powertrain, Iveco Powertrain, Magneti Marelli Powertrain and Iveco Motoren Forschung under one roof, to be headed by Domenico Bordone, current CEO of Magneti ...
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