Agricultural and construction equipment manufacturer CNH Global NV, truck maker Iveco, and the industrial and marine division of Fiat Powertrain Technologies were spun off into a new group on 1 January 2011.
Jordbrugs- og konstruktionsudstyrsproducenten CNH Global NV, latsbilsproducenten Iveco, samt industri- og marinedivisionen i Fiat Powertrain Technologies blev fraspaltet til en ny koncern pr. 1. januar 2011.