Fiat Powertrain Technologies (FPT) was established in January 2012, as a spinoff from Fiat Group Automobiles, which includes all the activities related to powertrains and transmissions to Fiat Group Powertrains, Iveco Motors and Fiat Group's research center.Between 2005 and 2011, the company was called Fiat Powertrain Technologies S.p.A. and included industrial and commercial power train activities that are now a separate entity called FPT Industrial and a subsidiary of Fiat Industrial.