The Italian auto giant Fiat hopes to gain ground in the United States and Europe, and is not idle in China. Its Fiat Power Technology (FPT) announced that its China-invested project and SAIC Fiat Red Rock Powertrain Co., Ltd. (SFH) production base in Chongqing Jiangbei Development Zone in China was formally launched on the 22nd and provided diesel engine products for domestic and foreign customers. "Green" power solution. SAIC Fiat Hongyan Powertrain Co., Ltd. was jointly invested by SAIC Iveco Commercial Vehicle Investment Co., Ltd. (SI), FPT, and Chongqing Heavy Vehicle Group Co., Ltd. (CHVG). Fiat said in a statement to this newspaper that the company has highly integrated the advantages of the three parent companies' resources and supply chain resources, and combined European technology and local manufacturing to ensure the quality of FPT-branded engines produced by SFH and European-made engines. Exactly the same. It is understood that SFH's diesel engine CURSOR9 emissions up to Euro III, Euro IV, Euro V standards. This shows that the current diesel engine market in China is still at the critical moment of the National III emission upgrade. SFH hopes to seize the market. In addition, a few days ago, Guangzhou Automobile Group General Manager Zeng Qinghong also revealed to reporters that GAC had purchased one-third equity of Hangweike in Hangzhou the day before yesterday, this company is a transmission plant under the control of Fiat Power Technology (FPT).