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In the area of research, the Group focused on the big issues posed by the environment and safety. The principal drivers are represented by the reduction in consumption, emissions of air pollutants and greenhouse gases, improvements in active and passive highway safety systems, and improvement in urban and interurban mobility (reductions in road congestion). Thus the Fiat Group is working on several fronts in order to guarantee that these objectives will be achieved. Diesel, gasoline, and alternative fuel engines are being developed. Electronic applications and emission abatement systems, such as particulate filters and the SCR (Selective Catalytic Reduction) system, a method for post-treatment of exhaust gases to reduce emissions of nitrogen oxides (NOx) are being developed. Solutions are being studied in terms of vehicle architecture to improve active and passive safety and reduce weight. Online applications supporting the efficient and safe movement of people and freight, in order to facilitate interaction between vehicles, between vehicle and infrastructure, and between vehicle and people are being developed. Many new innovative applications and prototypes were rolled out by the Group’s principal Sectors during 2007. The Fiat 500 was presented with all of its different powertrains ready for compliance with the new Euro 5 emissions limits, more than two years before these standards become legally mandatory in September 2009. The “Panda Aria” was presented in September. This concept car has a two-cylinder engine equipped with a Multiair ® system that can be fuelled by gasoline or a mix of methane and hydrogen. Ferrari created a technological biofuel demonstrator on the basis of the F430 Spider, which uses an 85% mixture of ethanol. New Holland has reinforced its role as “Clean Energy Leader” by approving the use of pure B100 biodiesel on all of its equipment fitted with New Holland engines. In January, the ALTRA (Alternative Transport) company, which has been developing alternative powertrains for over fifteen years (hybrid, electric battery, diesel-electric, and hydrogen fuel cells) became 100% owned by Iveco. Magneti Marelli maintained its leadership in the field of electronic injection technologies on the Brazilian market by using the innovative SFS ® (Software Flexfuel Sensor), which enables the driver to choose which fuel he puts in his car, since he can use gasoline, alcohol, and a mix of the two in any proportion as he likes. On the social front, the Group remained committed to the communities where it operates. Almost half of the activities carried out in 2007 involved forms of support in cash or in kind paid directly by the Group or through non-profit foundations and associations for the realization of major social solidarity projects. Once again this year, many of these initiatives were focused on reducing social hardships in Brazil. Institutional initiatives for involvement of employees, such as “Family Day” and “Christmas for Kids” continued in 2007. The “Mirafiori Baby” childcare centre was opened in Turin as part of a broader initiative named the “Progetto Benessere” (“Wellness Project”), which envisaged redevelopment of the Mirafiori area. Initiatives were also undertaken in other Group Sectors to increase employees’ sense of belonging to their companies. Standard disclosures Strategy and analysis 13
Profile of the organisation Fiat is a major industrial Group that has been active in the automotive field for over one hundred years. It designs, manufactures and sells automobiles, trucks, tractors, agricultural and construction machinery, engines and automotive components and production systems. The Group performs industrial and financial services activities in the automotive field through Companies located in 50 countries, and is engaged in commercial activities with customers in over 190 countries. With 178 plants, it has more than 185,000 employees worldwide and operates 114 research and development centres on five continents that are staffed by about 12,900 highly qualified employees. Over the last several years, Fiat Group has steadily implemented an ambitious cost containment, industrial relaunch and transformation plan. During the year, Fiat started implementing the 2007-2010 growth and margin expansion plan, which will transform the Group into a significant international industrial enterprise. The Fiat Group engages in manufacturing activities and Fiat Group Automobiles 100% 100% 85% Fiat Group Automobiles Maserati Ferrari Agricultural and Construction Equipment Trucks and Commercial Vehicles 90% 100% CNH Iveco Components and Production Systems Other Businesses 100% 100% 84.8% 100% 100% Fiat Powertrain Technologies Magneti Marelli Teksid Comau Itedi 14 Standard disclosures Profile of the organisation provides services through its operating Sectors, which can be grouped into areas of activity that are briefly illustrated below. Fiat Group Automobiles As a pioneer of the car industry, Fiat built its first car in 1899. Over 90 million cars and light commercial vehicles have been produced since then and many of its models have marked important milestones in motoring history. Fiat Group Automobiles designs, produces and sells automobiles under the Fiat, Alfa Romeo, Lancia and Abarth brands, and light commercial vehicles under the Fiat Professional brand. Each brand has a specific identity with defined, recognised characteristics, and employs distinct commercial and marketing strategies. Its plants are located in Italy, Poland, Brazil and Argentina. Manufacturing is also carried out through either joint ventures or licensing agreements in France, Turkey, Egypt, South Africa, India, China, and Russia. In 2007 Fiat Group Automobiles delivered a total of 2,233,800 automobiles and light commercial vehicles (+ 12.8% over 2006), realising
Page 1 and 2: 2007 Sustainability Report Economic
Page 3: Begin at once to live, and count ea
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Page 10 and 11: Standard disclosures 10 Strategy an
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Page 16 and 17: evenues of 26.8 billion euros, an i
Page 18 and 19: coupe which is also a genuine four-
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The Group’s commitment to researc
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to gasoline combustion, with clear
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the energy required to cool the eng
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Applications at the major Fiat Grou
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and 4% more torque with no weight p
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from the injection system’s senso
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ack to the point of origin by using
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Social performance indicators 78 La
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Workforce in countries with signifi
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school diploma only is higher in It
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LA3 (add) Benefits provided to full
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For example, in certain countries (
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Restructuring and reorganization ac
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Initiatives to improve safety and e
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Company* Training hours Italy Train
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Diversity and equal opportunity LA1
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Human rights performance indicators
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Society performance indicators Corr
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Product responsibility performance
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PR2 (add) Total number of incidents
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Contacts Fiat S.p.A. Headquarters V
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Fiat S.p.A. Corporate Headquarters
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