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annual report - FIAT SpA

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UGL sign agreement for relaunch of<br />

Mirafiori plant. Agreement is put to<br />

referendum in January 2011 and<br />

receives majority approval of workers.<br />

Ferrari presents the 458<br />

Challenge, derived from the 458<br />

Italia, that will be the protagonist<br />

of a new single-make trophy.<br />

Case IH announced<br />

winner of SIMA Innovation Awards (at<br />

SIMA to be held in February 2011) for<br />

new automatic vehicle-to-vehicle<br />

synchronization system and for world's<br />

first continuously variable PTO<br />

transmission for tractors. New Holland<br />

Agriculture to be awarded the Silver<br />

Innovation medal for Crop ID<br />

system.<br />

Case Construction Equipment<br />

launches range of four T Series<br />

Construction King loader backhoes in<br />

Europe.<br />

New Holland celebrates 60<br />

years in Brazil.<br />

Foundation stone laid for new FGA<br />

plant in Pernambuco, Brazil. Total of<br />

BRL 3 billion to be invested with initial<br />

production capacity of 200,000<br />

vehicles per year (plant will open in<br />

2014).<br />

Fiat Industrial receives €4.2 billion<br />

in financing from group of leading<br />

banks for working capital requirements<br />

and general corporate purposes,<br />

including repayment to Fiat of<br />

“intragroup” loans subsequent to the<br />

effective date of the demerger.<br />

Deed of Demerger signed<br />

between Fiat S.p.A. and Fiat Industrial<br />

S.p.A., which is subject to necessary<br />

approvals from Borsa Italiana S.p.A.<br />

and Consob. Demerger takes effect<br />

on 1 January 2011 and from 3<br />

January the ordinary, preference and<br />

savings shares of Fiat Industrial S.p.A.<br />

begin trading on the MTA.<br />

Report on Operations Key events in 2010 20

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