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annual report - FIAT SpA

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INNOVATION AND PRODUCTS<br />

Innovation and sustainability are two inseparable concepts for Iveco and in 2010 it continued to innovate, developing<br />

new methodologies and products that represent a major part of the sector’s contribution to sustainable mobility.<br />

The company's innovation process is based on a series of well-defined milestones, aimed at ensuring product<br />

development and design and production methodologies are oriented toward satisfying customers and the demands of<br />

sustainable mobility. Product innovation is centered around the following strategic priorities: the environment, safety,<br />

productivity and performance. Process innovation, on the other hand, focuses on the following strategic areas: product<br />

development processes, virtual analysis, performance measurement and verification, and product-process integration.<br />

In 2010, Iveco continued research into innovative technological solutions to expand its range of eco-friendly, highly<br />

energy-efficient vehicles. Today the company offers an extensive and varied portfolio of eco-compatible products that<br />

respond to a wide range of specific customer needs. Aware of the fact that there is no single, unique solution to the<br />

demands of sustainable transport, Iveco continues to introduce highly-innovative product content that represents a<br />

realistic and pragmatic approach to sustainable mobility.<br />

Iveco continued development of its CNG range of vehicles, which have always represented an important part of its<br />

portfolio. It is the only manufacturer of trucks and commercial vehicles in the world today to offer such a comprehensive<br />

range of CNG vehicles that are already fully compliant with the strict EU emissions standards to be introduced.<br />

During the year, Iveco continued road testing (in collaboration with major international customers) of hybrid<br />

diesel/electric vehicles. This represents yet another innovative technology in which Iveco has invested and it provides<br />

the perfect balance between transportation needs (payload and performance) and respect for the environment. The<br />

tests were conducted with the Daily, both van and minibus versions, and the medium-segment Eurocargo, the first<br />

European vehicle of its type and size developed for urban use (with several units already sold in Spain). In the area of<br />

mass transportation, Iveco released new 12-meter and 18-meter versions of the Citelis city bus with new generation<br />

hybrid propulsion system. Iveco’s latest generation of hybrid technology offers up to 30% savings in fuel consumption<br />

in urban use, with a consequent reduction in CO2 emissions, through the application of sophisticated operating and<br />

control systems that optimize propulsion systems for urban driving conditions.<br />

Iveco's research in the area of alternative fuels and propulsion systems complements the continued development of its<br />

diesel range of vehicles that is already fully compliant with the EEV limits for polluting emissions, currently the strictest<br />

in Europe.<br />

Iveco also supports the development of second-generation biofuels, such as Hydrotreated Vegetable Oil (HVO) and<br />

Biomass-to-Liquid (BtL), which were experimented and tested in 2010.<br />

In the medium and heavy segments particularly, new product development was oriented toward continuous<br />

improvements in the quality, performance and environmental impacts of vehicles.<br />

At BAUMA 2010 held in Munich in April, Iveco presented its extensive range of vehicles for the construction sector,<br />

which included the international debut of the Astra HHD8, a 50 ton vehicle with significant payload capacity built to<br />

handle even the most impenetrable terrain.<br />

In June, the sector’s range of special vehicles was featured at Interschutz in Hanover, a trade show dedicated to firefighting<br />

solutions, where Iveco Magirus presented a first-of-its-kind 60-meter ladder and the new high-performance<br />

Dragon 2 specially designed for emergency response at airports.<br />

During the same period, Iveco also presented the new Eurocargo Hybrid, a medium-segment vehicle equipped with<br />

parallel diesel/electric propulsion system, and Iveco Irisbus premiered the new hybrid Citelis city bus, with serial<br />

diesel/electric hybrid engine at “Transports Publics 2010” in Paris.<br />

At the Hanover Motor Show (IAA) in September, Iveco presented the EcoStralis, the latest evolution of this heavy<br />

segment vehicle, whose enhanced powerplant, aerodynamics and electronics make it the most efficient, ecoperforming<br />

vehicle in its class. Also on display at the IAA was the Iveco Glider, a concept truck that proposes<br />

innovative productivity solutions for long-haul use, focusing on two principal aspects: energy efficiency and on-board<br />

comfort and functionality.<br />

At Hanover, Iveco also presented the light segment EcoDaily equipped with the integrated Blue&Me – TomTom®<br />

infotainment system. In addition, the first of 10 EcoDaily Electrics was delivered to a major international freight and<br />

logistics operator.<br />

Rounding-off its product line-up in Latin America, in October Iveco presented the new medium-segment Vertis in Brazil.<br />

This vehicle was engineered in Brazil on a platform developed by Iveco's JV in China and incorporating state-of-the-art<br />

technology developed in Europe.<br />

Finally, sale of the Genlyon (the on-road heavy vehicle produced by the joint venture between Iveco and SAIC in<br />

Chongqing) began to the first export market, Vietnam.<br />

Report on Operations Iveco 90

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