Chrysler 2002 Annual Report Download - page 9

7Report on Operations
Other Industrial Sectors
These Sectors include Components, Production Systems,
Metallurgical Products and Aviation. Their products and areas
of business are listed below.
❚Automotive modules and components for lighting systems,
exhaust systems, suspensions and shock absorbers, and
engine control units.
❚Industrial automation systems for the automotive industry
in the areas of product and process engineering, logistics
and management, manufacturing, installation, production
startup and maintenance.
❚Engine blocks, cylinder heads and other components for
cast-iron engines; cast-iron components for transmissions,
gearboxes and suspensions; and magnesium bodywork
components.
❚Components and systems for airplane and helicopter
engines, turbines for ship propulsion, propulsion systems
for rocket boosters and satellites, and aircraft engine
overhaul services.
Other non Industrial Sectors
These Sectors, which include Insurance, Services and
Publishing and Communications, engage in the following
businesses:
❚Complete line of casualty insurance, life insurance and
bankassurance products. Through Toro Targa Assicurazioni,
ajoint venture with Fiat Auto, the Insurance Sector sells
insurance through the Fiat dealer network.
❚Services in the areas of personnel administration, temporary
staffing, engineering and facility management, administrative
and corporate finance consulting, information and
communication technology, purchasing, and e-procurement.
❚Publication of the
La Stampa newspaper and sale of
advertising space for multimedia customers.
The Fiat Group’s manufacturing and service activities, which are
centered on its traditional automotive business, serve customers
in more than 190 countries around the globe.
Automotive Activities
They account for 72% of total sales (before intercompany
eliminations) and 64% of net invested capital.
They include three business lines:
1– Automobiles
The Group’s automobile operations are conducted primarily
by its Automobile Sector, which includes Fiat Auto Holdings
B.V and its subsidiaries. The Sector markets automobiles under
the Fiat, Lancia and Alfa Romeo brands and light commercial
vehicles under the Fiat brand.
The Automobile Sector provides financing services to its
dealers and suppliers and offers motorists a comprehensive
line of mobility services.
Ferrari and Maserati are also part of the Fiat Group.
They produce luxury sports cars that excel for their
exclusive characteristics, technology and performance.
2– Agricultural and Construction Equipment
This Sector, which is led by CNH Global N.V., is active in
the field of tractors and agricultural equipment through the
Case IH, New Holland and Steyr brands and in the construction
equipment business through the Case, FiatAllis, Fiat Kobelco,
Kobelco, New Holland Construction and O&K brands. The
Sector’s financial services provide support to end customers
and to its dealers.
3– Commercial Vehicles
Iveco N.V. is the lead company of the Commercial Vehicles
Sector. This Sector designs, produces and sells complete lines
of commercial vehicles (Iveco and Seddon Atkinson brands),
busses (Iveco and Irisbus brands), firefighting vehicles (Camiva,
Iveco and Magirus brands) and diesel engines (Aifo brand).
Through its Transolver subsidiary, the Sector provides a full
range of financial services.
The Fiat Group