Fiat Group, Founded in 1899, is one of the major industrial groups worldwide. The Fiat Group consists of over 900 organizations and 180,000 employees in 190 countries.
Fiat Group is present in China through 3 representative offices,10 joint ventures,14 wholly owned foreign enterprises,12 factories, with a total investment exceeding $1.75 billion, 2009 revenues of over $2.6 billion, and 15,000 employees.
The business covers passenger cars (Fiat Auto), agricultural machinery and construction equipment (Case New Holland), commercial vehicles (Iveco), engines (FPT), components (Magneti Marelli and Teksid), production systems (Comau) and Ferrari / Maserati roadsters.
To support aggressive business growth domestically in China and worldwide, Fiat has decided to locate its global sourcing center in Shanghai, China. The center will be responsible for initiating and implementing regional and world-wide sourcing strategies by utilizing world class purchasing processes to manage the sourcing and development of the supply base.