Exhibit 21.1

SUBSIDIARIES CONSOLIDATED ON A LINE-BY-LINE BASIS

Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
Agricultural and Construction Equipment
CNH Global N.V.	Amsterdam	Netherlands		539,710,247	EUR		88.38	Fiat Netherlands Holding N.V.		88.325
								CNH Global N.V.		0.065
Banco CNH Capital S.A.	Curitiba	Brazil		433,919,523	BRL		88.38	CNH Global N.V.		53.513
								CNH Capital U.K. Ltd		45.816
								CNH Latin America Ltda.		0.671
Bli Group Inc.	Wilmington	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
Blue Leaf I.P. Inc.	Wilmington	U.S.A.		1,000	USD		88.38	Bli Group Inc.		100.000
Blue Leaf Insurance Company	Burlington	U.S.A.		250,000	USD		88.38	CNH America LLC		100.000
Case Brazil Holdings Inc.	Wilmington	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
Case Canada Receivables, Inc.	Calgary	Canada		1	CAD		88.38	CNH Capital America LLC		100.000
Case Construction Machinery (Shanghai) Co., Ltd	Shanghai	People’s Rep. of China		5,000,000	USD		88.38	CNH Global N.V.
Case Credit Holdings Limited	Wilmington	U.S.A.		5	USD		88.38	CNH Capital America LLC		100.000
Case Dealer Holding Company LLC	Wilmington	U.S.A.		1	USD		88.38	CNH America LLC		100.000
Case Equipment Holdings Limited	Wilmington	U.S.A.		5	USD		88.38	CNH America LLC		100.000
Case Equipment International Corporation	Wilmington	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
Case Europe S.a.r.l.	Le Plessis-Belleville	France		7,622	EUR		88.38	CNH America LLC		100.000
Case Harvesting Systems GmbH	Berlin	Germany		281,211	EUR		88.38	CNH America LLC		100.000
CASE IH Machinery Trading (Shanghai) Co. Ltd.	Shanghai	People’s Rep. of China		2,250,000	USD		88.38	CNH America LLC		100.000
Case India Limited	Wilmington	U.S.A.		5	USD		88.38	CNH America LLC		100.000
Case International Marketing Inc.	Wilmington	U.S.A.		5	USD		88.38	CNH America LLC		100.000
Case LBX Holdings Inc.	Wilmington	U.S.A.		5	USD		88.38	CNH America LLC		100.000
Case New Holland Construction Equipment (India) Private Limited	Mumbai	India		300,000,000	INR		86.79	CNH America LLC		50.000
								New Holland Fiat (India) Private Limited		50.000
Case New Holland Inc.	Wilmington	U.S.A.		5	USD		88.38	CNH Global N.V.		100.000
Case New Holland Machinery (Harbin) Ltd.	Harbin	People’s Rep. of China		6,779,091	USD		88.38	CNH Asian Holding Limited N.V.		99.000
								CNH Europe Holding S.A.		1.000
Case United Kingdom Limited	Basildon	United Kingdom		3,763,618	GBP		88.38	CNH America LLC		100.000
CNH (Shanghai) Equipment R&D Co., Ltd.	Shanghai	People’s Rep. of China		2,000,000	USD		88.38	CNH Global N.V.		100.000
CNH Administradora de Serviços Ltda.	Curitiba	Brazil		100,000	BRL		88.38	Banco CNH Capital S.A.		99.900
								CNH Latin America Ltda.		0.100
CNH America LLC	Wilmington	U.S.A.		0	USD		88.38	Case New Holland Inc.		100.000

Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
CNH Argentina S.A.	Buenos Aires	Argentina		29,611,105	ARS		88.38	New Holland Holding (Argentina) S.A.		80.654
								CNH Latin America Ltda.		19.346
CNH Asian Holding Limited N.V.	Zedelgem	Belgium		34,594,401	EUR		88.38	CNH Global N.V.		100.000
CNH Australia Pty Limited	St. Marys	Australia		306,785,439	AUD		88.38	CNH Global N.V.		100.000
CNH Baumaschinen GmbH	Berlin	Germany		61,355,030	EUR		88.38	CNH Europe Holding S.A.		100.000
CNH Belgium N.V.	Zedelgem	Belgium		372,115,574	EUR		88.38	CNH Europe Holding S.A.		100,000
CNH Canada, Ltd.	Toronto	Canada		28,000,100	CAD		88.38	CNH Global N.V.		100.000
CNH Capital America LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital LLC		100.000
CNH Capital Australia Pty Limited	St. Marys	Australia		83,249,000	AUD		88.38	CNH Australia Pty Limited		100.000
CNH Capital Benelux NV	Zedelgem	Belgium		15,061,500	EUR		88.38	CNH Global N.V.		98.999
								CNH Capital U.K. Ltd		1.001
CNH Capital Canada Insurance Agency Ltd.	Calgary	Canada		1	CAD		88.38	CNH Capital Canada Ltd.		100.000
CNH Capital Canada Ltd.	Calgary	Canada		1	CAD		88.38	Case Credit Holdings Limited		99.500
								CNH Canada, Ltd.		0.500
CNH Capital Equipment Loan and Lease Facility LLC	Wilmington	U.S.A		5,000	USD		88.38	CNH Capital America LLC		100.000
CNH Capital Finance LLC	Wilmington	U.S.A.		5,000	USD		88.38	Case Credit Holdings Limited		100.000
CNH Capital Insurance Agency Inc.	Wilmington	U.S.A.		5	USD		88.38	CNH Capital America LLC		100.000
CNH Capital LLC	Wilmington	U.S.A.		0	USD		88.38	CNH America LLC		100.000
CNH Capital Operating Lease Equipment Receivables LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital America LLC		100.000
CNH Capital Receivables LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital America LLC		100.000
CNH Capital U.K. Ltd	Basildon	United Kingdom		10,000,001	GBP		88.38	CNH Capital Benelux NV		100.000
CNH Componentes, S.A. de C.V.	Queretaro	Mexico		135,634,842	MXN		88.38	CNH America LLC		100.000
CNH Danmark A/S	Hvidovre	Denmark		12,000,000	DKK		88.38	CNH Europe Holding S.A.		100.000
CNH Deutschland GmbH	Heilbronn	Germany		18,457,650	EUR		88.38	CNH Baumaschinen GmbH		90.000
								CNH Europe Holding S.A.		10.000
CNH Engine Corporation	Wilmington	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
CNH Europe Holding S.A.	Luxembourg	Luxembourg		100,000,000	USD		88.38	CNH Global N.V.		100.000
CNH Financial Services A/S	Hvidovre	Denmark		500,000	DKK		88.38	CNH Global N.V.		100.000
CNH Financial Services GmbH	Heilbronn	Germany		1,151,000	EUR		88.38	CNH Europe Holding S.A.		100.000
CNH Financial Services S.A.S.	Morigny- Champigny	France		50,860,641	EUR		88.38	CNH Global N.V.		98.888
								CNH Capital Benelux NV		1.112
CNH France SAS	Morigny- Champigny	France		427,965,450	EUR		88.38	CNH Europe Holding S.A.		100.000
CNH International S.A.	Paradiso	Switzerland		100,000	CHF		88.38	CNH Global N.V.		100.000
CNH Italia s.p.a.	Turin	Italy		15,600,000	EUR		88.38	CNH Osterreich GmbH		75.000
								CNH Global N.V.		25.000
CNH Latin America Ltda.	Contagem	Brazil		847,210,015	BRL		88.38	CNH Global N.V.		85.658
								Case Brazil Holdings Inc.		12.557
								Case Equipment		1.785
								International Corporation
CNH Maquinaria Spain S.A.	Coslada	Spain		21,000,000	EUR		88.38	CNH Europe Holding S.A.		99.999
CNH Osterreich GmbH	St. Valentin	Austria		2,000,000	EUR		88.38	CNH Global N.V.		100.000
CNH Polska Sp. z o.o.	Plock	Poland		162,591,660	PLN		88.38	CNH Belgium N.V.		100.000
CNH Portugal-Comercio de Tractores e Maquinas Agricolas Ltda	Carnaxide	Portugal		498,798	EUR		88.38	CNH Europe Holding S.A.		99.980
								CNH Italia s.p.a.		0.020
CNH Receivables LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital America LLC		100.000
CNH Reman LLC	Wilmington	U.S.A.		4,000,000	USD		44.19	CNH America LLC		50.000
CNH Services (Thailand) Limited	Bangkok	Thailand		10,000,000	THB		88.38	CNH Services S.r.l.		99.997
CNH Services S.r.l.	Modena	Italy		10,400	EUR		88.38	CNH Italia s.p.a.		100.000
CNH Trade N.V.	Amsterdam	Netherlands		50,000	EUR		88.38	CNH Global N.V.		100.000
CNH U.K. Limited	Basildon	United Kingdom		91,262,275	GBP		88.38	CNH Osterreich GmbH		100.000
CNH Wholesale Receivables LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital America LLC		100.000
CNH-KAMAZ Commercial B.V.	Amsterdam	Netherlands		35,300	EUR		45.08	CNH Global N.V.		51.000
CNH-KAMAZ Industrial B.V.	Amsterdam	Netherlands		36,002	EUR		44.19	CNH Global N.V.		50.000

-2-

Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
Farmpower Pty Limited	St. Marys	Australia		360	AUD		88.38	CNH Australia Pty Limited		100.000
Fiat Switzerland SA	Paradiso	Switzerland		100,000	CHF		88.38	CNH International S.A.		100.000
Fiatallis North America LLC	Wilmington	U.S.A.		32	USD		88.38	CNH America LLC		100.000
Flagship Dealer Holding Company, LLC	Wilmington	U.S.A.		1	USD		88.38	CNH America LLC		100.000
Flexi-Coil (U.K.) Limited	Basildon	United Kingdom		3,291,776	GBP		88.38	CNH Canada, Ltd.		100.000
HFI Holdings Inc.	Wilmington	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
JV Uzcaseagroleasing LLC	Tashkent	Uzbekistan		0	USD		45.08	Case Credit Holdings Limited		51.000
JV UzCaseMash LLC	Tashkent	Uzbekistan		0	USD		53.03	Case Equipment Holdings Limited		60.000
JV UzCaseService LLC	Tashkent	Uzbekistan		0	USD		45.08	Case Equipment Holdings Limited		51.000
JV UzCaseTractor LLC	Tashkent	Uzbekistan		0	USD		45.08	Case Equipment Holdings Limited		51.000
Kobelco Construction Machinery America LLC	Wilmington	U.S.A.		0	USD		57.45	New Holland Excavator Holdings LLC		65.000
Limited Liability Company “CNH Parts and Service Operations”	Moscow	Russia		54,000,000	RUB		88.38	CNH Global N.V.		100.000
LLC CNH-KAMAZ Commerce	Naberezhnye Chenly	Russia		20,408	RUB		45.08	CNH-KAMAZ Commercial B.V.		100.000
LLC CNH-KAMAZ Industry	Naberezhnye Chenly	Russia		60,081,800	RUB		44.19	CNH-KAMAZ Industrial B.V.		100.000
MBA AG	Bassersdorf	Switzerland		4,000,000	CHF		88.38	CNH Global N.V.		100.000
New Holland Credit Company, LLC	Wilmington	U.S.A.		0	USD		88.38	CNH Capital LLC		100.000
New Holland Excavator Holdings LLC	Wilmington	U.S.A.		0	USD		88.38	CNH America LLC		100.000
New Holland Fiat (India) Private Limited	Mumbai	India		12,485,547,400	INR		85.21	CNH Asian Holding Limited N.V.		96.407
New Holland Holding (Argentina) S.A.	Buenos Aires	Argentina		23,555,415	ARS		88.38	CNH Latin America Ltda.		100.000
New Holland Holding Limited	Basildon	United Kingdom		106,328,601	GBP		88.38	CNH Europe Holding S.A.		100.000
New Holland Kobelco Construction Machinery S.p.A.	San Mauro Torinese	Italy		45,359,732	EUR		84.60	CNH Italia s.p.a.		95.716
New Holland Ltd	Basildon	United Kingdom		1,000,000	GBP		88.38	CNH Global N.V.		100.000
New Holland Tractor Ltd. N.V.	Antwerp	Belgium		9,631,500	EUR		88.38	New Holland Holding Limited		100.000
O & K - Hilfe GmbH	Berlin	Germany		25,565	EUR		88.38	CNH Baumaschinen GmbH		100.000
Pryor Foundry Inc.	Oklahoma City	U.S.A.		1,000	USD		88.38	CNH America LLC		100.000
Receivables Credit II Corporation	Calgary	Canada		1	CAD		88.38	CNH Capital America LLC		100.000
Shanghai New Holland Agricultural Machinery Corporation Limited	Shanghai	People’s Rep. of China		35,000,000	USD		53.03	CNH Asian Holding Limited N.V.		60.000
Steyr Center Nord GmbH	Ruckersdorf- Harmanns	Austria		35,000	EUR		88.38	CNH Osterreich GmbH		100.000
Trucks and Commercial Vehicles
Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
Iveco S.p.A.	Turin	Italy		200,000,000	EUR		100.00	Fiat Industrial S.p.A.		100.000
Afin Bohemia s.r.o.	Prague	Czech Republic		1,000,000	CZK		100.00	Afin Leasing AG		100.000
Afin Broker de Asigurare - Reasigurare S.r.l.	Bucharest	Romenia		25,000	RON		100.00	Afin Leasing Ifn s.a.		100.000
Afin Bulgaria EAD	Sofia	Bulgaria		15,505,500	BGN		100.00	Afin Leasing AG		100.000
Afin Hungary Kereskedelmi KFT.	Budapest	Hungary		24,000,000	HUF		100.00	Afin Leasing AG		100.000
Afin Leasing AG	Vienna	Austria		1,500,000	EUR		100.00	Iveco International Trade Finance S.A.		100.000
Afin Leasing Ifn s.a.	Bucharest	Romenia		120,284,560	RON		100.00	Afin Leasing AG		99.800
								Afin Bohemia s.r.o.		0.050
								Afin Bulgaria EAD		0.050
								Afin Hungary Kereskedelmi KFT.		0.050
								Afin Slovakia S.R.O.		0.050
Afin Slovakia S.R.O.	Bratislava	Slovack Republic		39,833	EUR		100.00	Afin Leasing AG		100.000
Afin Trade Bulgaria Eood	Sofia	Bulgaria		5,000	BGN		100.00	Afin Bulgaria EAD		100.000

-3-

Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
Amce-Automotive Manufacturing Co. Ethiopia	Addis Abeba	Ethiopia		12,000,000	ETB		70.00	Fiat Netherlands Holding N.V.		70.000
AS Afin Baltica	Harjumaa	Estonia		800,000	EEK		100.00	Afin Leasing AG		100.000
Astra Veicoli Industriali S.p.A.	Piacenza	Italy		10,400,000	EUR		100.00	Iveco S.p.A.		100.000
Effe Grundbesitz GmbH	Ulm	Germany		10,225,838	EUR		83.77	Iveco Investitions GmbH		90.000
F. Pegaso S.A.	Madrid	Spain		993,045	EUR		100.00	Iveco Espana S.L.		99.996
								Iveco Partecipazioni Finanziarie S.r.l.		0.004
Heuliez Bus S.A.	Rorthais	France		9,000,000	EUR		100.00	Société Charolaise de Participations S.A.		100.000
IAV-Industrie-Anlagen-Verpachtung GmbH	Ulm	Germany		25,565	EUR		88.42	Iveco Investitions GmbH		95.000
Ikarus Egyedi Autobusz GY	Budapest	Hungary		46,280,000	HUF		89.09	Iveco Espana S.L.		89.088
Industrial Vehicles Center Hainaut S.A.	Charleroi	Belgium		600,000	EUR		100.00	S.A. Iveco Belgium N.V.		95.000
								Iveco Nederland B.V.		5.000
Irisbus (U.K.) Ltd.	Watford	United Kingdom		7,200,000	GBP		100.00	Iveco Espana S.L.		100.000
Irisbus Australia Pty. Ltd.	Dandenong	Australia		6,123,391	AUD		100.00	Iveco Espana S.L.		100.000
Irisbus Benelux Ltd.	Leudelange	Luxembourg		594,000	EUR		100.00	Iveco France		99.983
								Société Charolaise de Participations S.A.		0.017
Irisbus Deutschland GmbH	Unterschleissheim	Germany		3,800,000	EUR		100.00	Iveco Espana S.L.		100.000
Irisbus Italia S.p.A.	Turin	Italy		4,500,000	EUR		100.00	Iveco Espana S.L.		100.000
IVC Brabant N.V. S.A.	Groot	Belgium		800,000	EUR		100.00	S.A. Iveco Belgium N.V.		75.000
								Iveco Nederland B.V.		25.000
Iveco (Schweiz) AG	Kloten	Switzerland		9,000,000	CHF		100.00	Iveco Nederland B.V.		100.000
Iveco Arac Sanayi VE Ticaret A.S.	Samandira-Kartal/Istanbul	Turkey		12,879,000	TRY		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Argentina S.A.	Buenos Aires	Argentina		130,237,793	ARS		100.00	Iveco Espana S.L.		99.000
								Astra Veicoli Industriali S.p.A.		1.000
Iveco Austria GmbH	Vienna	Austria		6,178,000	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Bayern GmbH	Nuremberg	Germany		742,000	EUR		94.00	Iveco Magirus AG		100.000
Iveco Capital SA	Paradiso	Switzerland		14,000,000	CHF		100.00	Iveco Partecipazioni Finanziarie S.r.l.		100.000
Iveco Contract Services Limited	Watford	United Kingdom		17,000,000	GBP		100.00	Iveco Partecipazioni Finanziarie S.r.l.		100.000
Iveco Czech Republic A.S.	Vysoke Myto	Czech Republic		1,065,559,000	CZK		97.98	Iveco France		97.978
Iveco Danmark A/S	Glostrup	Denmark		501,000	DKK		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Espana S.L. (business Trucks and Commercial Vehicles)	Madrid	Spain		121,612,116	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Est Sas	Hauconcourt	France		2,005,600	EUR		100.00	Iveco France		100.000
Iveco Finland OY	Espoo	Finland		100,000	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco France	Vénissieux	France		92,856,130	EUR		100.00	Iveco Espana S.L.		50.326
								Fiat Netherlands Holding N.V.		49.674
Iveco Holdings Limited	Watford	United Kingdom		47,000,000	GBP		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Insurance Vostok LLC	Moscow	Russia		740,000	RUB		100.00	Afin Leasing AG		100.000
Iveco International Trade Finance S.A.	Paradiso	Switzerland		30,800,000	CHF		100.00	Iveco Partecipazioni Finanziarie S.r.l.		100.000
Iveco Investitions GmbH	Ulm	Germany		2,556,459	EUR		93.08	Iveco Magirus AG		99.020
Iveco L.V.I. S.a.s.	Saint Priest	France		503,250	EUR		100.00	Iveco France		100.000
Iveco Latin America Ltda (business Trucks and Commercial Vehicles)	Vila da Serra	Brazil		334,720,744	BRL		100.00	Iveco Espana S.L.		100.000
Iveco Limited (business Trucks and Commercial Vehicles)	Watford	United Kingdom		117,000,000	GBP		100.00	Iveco Holdings Limited		100.000
Iveco Magirus AG (business Trucks and Commercial Vehicles)	Ulm	Germany		50,000,000	EUR		94.00	Fiat Netherlands Holding N.V.		88.340
								Iveco S.p.A.		5.660
Iveco Magirus Brandschutztechnik GmbH	Ulm	Germany		6,493,407	EUR		84.43	Iveco Magirus Fire Fighting GmbH		99.764
Iveco Magirus Brandschutztechnik GmbH	Kainbach	Austria		1,271,775	EUR		84.43	Iveco Magirus Brandschutztechnik GmbH		100.000

-4-

Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
Iveco Magirus Brandschutztechnik Gorlitz GmbH	Gürlitz	Germany		511,292	EUR		84.43	Iveco Magirus Brandschutztechnik GmbH		100.000
Iveco Magirus Fire Fighting GmbH	Weisweil	Germany		30,776,857	EUR		84.63	Iveco Magirus AG		90.032
Iveco Magirus Firefighting CAMIVA S.a.s. (societè par actions simplifièe)	Saint-Alban- Leysse	France		1,870,169	EUR		84.63	Iveco Magirus Fire Fighting GmbH		100.000
Iveco Nederland B.V.	Andelst	Netherlands		4,537,802	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Nord Nutzfahrzeuge GmbH	Hamburg	Germany		1,611,500	EUR		94.00	Iveco Magirus AG		100.000
Iveco Nord S.A.	Trappes	France		45,730	EUR		99.77	Iveco France		99.767
Iveco Nord-Ost Nutzfahrzeuge GmbH	Berlin	Germany		2,120,000	EUR		94.00	Iveco Magirus AG		100.000
Iveco Norge A.S.	Voyenenga	Norway		18,600,000	NOK		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Otomotiv Ticaret A.S.	Samandira- Kartal/Istanbul	Turkey		15,060,046	TRY		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Partecipazioni Finanziarie S.r.l.	Turin	Italy		50,000,000	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Pension Trustee Ltd.	Watford	United Kingdom		2	GBP		100.00	Iveco Holdings Limited		50.000
								Iveco Limited		50.000
Iveco Poland Ltd.	Warsaw	Poland		46,974,500	PLN		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Portugal-Comercio de Veiculos Industriais S.A.	Vila Franca de Xira	Portugal		15,962,000	EUR		100.00	Fiat Netherlands Holding N.V.		99.997
								Astra Veicoli Industriali S.p.A.		0.001
Iveco Romania S.r.l.	Bucharest	Romenia		17,500	RON		100.00	Afin Leasing AG		100.000
Iveco Slovakia, s.r.o.	Bratislava	Slovack Republic		6,639	EUR		97.98	Iveco Czech Republic A.S.		100.000
Iveco South Africa (Pty) Ltd.	Vorna Valley- Midrand	South Africa		15,000,750	ZAR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Sud-West Nutzfahrzeuge GmbH	Mannheim- Neckarau	Germany		1,533,900	EUR		94.00	Iveco Magirus AG		100.000
Iveco Sweden A.B. (business Trucks and Commercial Vehicles)	Arlov	Sweden		600,000	SEK		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Trucks Australia Limited	Dandenong	Australia		47,492,260	AUD		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Ukraine LLC	Kiev	Ukraine		49,258,692	UAH		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Venezuela C.A.	La Victoria	Venezuela		3,985,803	VEF		100.00	Fiat Netherlands Holding N.V.		62.688
								Iveco S.p.A.		37.312
Iveco West Nutzfahrzeuge GmbH	Düsseldorf	Germany		3,017,000	EUR		94.00	Iveco Magirus AG		100.000
Mediterranea de Camiones S.L.	Valencia	Spain		48,080	EUR		100.00	Iveco Espana S.L.		99.875
								Fiat Netherlands Holding N.V.		0.125
Officine Brennero S.p.A.	Trento	Italy		2,833,830	EUR		100.00	Iveco S.p.A.		100.000
OOO Afin Leasing Vostok LLC	Moscow	Russia		50,000,000	RUB		100.00	Afin Leasing AG		100.000
OOO Iveco Russia	Moscow	Russia		868,545,000	RUB		100.00	Fiat Netherlands Holding N.V.		99.960
								Afin Leasing AG		0.040
S.A. Iveco Belgium N.V.	Groot	Belgium		6,000,000	EUR		100.00	Fiat Netherlands Holding N.V.		99.983
								Iveco Nederland B.V.		0.017
Seddon Atkinson Vehicles Ltd.	Watford	United Kingdom		41,700,000	GBP		100.00	Iveco Holdings Limited		100.000
Société Charolaise de Participations S.A.	Vénissieux	France		2,370,000	EUR		100.00	Iveco Espana S.L.		100.000
Société de Diffusion de Vehicules Industriels-SDVI S.A.S.	Trappes	France		7,022,400	EUR		100.00	Iveco France		100.000
Transolver Service S.A.	Madrid	Spain		610,000	EUR		100.00	Iveco Partecipazioni Finanziarie S.r.l.		100.000
Transolver Service S.p.A.	Turin	Italy		214,763	EUR		100.00	Iveco Partecipazioni Finanziarie S.r.l.		100.000
UAB Afin Baltica (Lithuania)	Vilnius	Lithuania		138,500	LTL		100.00	Afin Leasing AG		100.000
Utilitaries & Véhicules Industriels Franciliens-UVIF SAS	La Garenne	France		1,067,500	EUR		100.00	Iveco France		100.000
Zona Franca Alari Sepauto S.A.	Barcelona	Spain		520,560	EUR		51.87	Iveco Espana S.L.		51.867

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Name	Registered Office	Country	Share capital		Currency	% of Group consolidation		Interest held by	% interest held
FPT Industrial
FPT Industrial S.p.A.	Turin	Italy		100,000,000	EUR		100.00	Fiat Industrial S.p.A.		100.000
2 H Energy S.A.S.	Fécamp	France		2,000,000	EUR		100.00	Fiat Industrial Finance France S.A.		100.000
Componentes Mecanicos S.A.	Barcelona	Spain		1,135,037	EUR		100.00	Iveco Espana S.L.		100.000
European Engine Alliance S.c.r.l.	Turin	Italy		32,044,797	EUR		100.00	FPT Industrial S.p.A.		100.000
Fiat Powertrain Technologies Management (Shanghai) Co. Ltd.	Shanghai	People’s Rep. of China		2,000,000	USD		100.00	FPT Industrial S.p.A.		100.000
Fiat Powertrain Technologies of North America, Inc.	Wilmington	U.S.A.		1	USD		100.00	FPT Industrial S.p.A.		100.000
FPT - Powertrain Technologies France S.A.	Garchizy	France		73,444,960	EUR		100.00	Iveco France		97.200
								Fiat Industrial Finance France S.A.		2.800
FPT Industrial Argentina S.A.	Buenos Aires	Argentina		59,686,936	ARS		99.54	FPT Industrial S.p.A.		96.000
								CNH Argentina S.A.		4.000
Iveco Espana S.L. (business FPT Industrial)	Madrid	Spain		121,612,116	EUR		100.00	Fiat Netherlands Holding N.V.		100.000
Iveco Latin America Ltda (business FPT Industrial)	Vila da Serra	Brazil		334,720,744	BRL		100.00	Iveco Espana S.L.		100.000
Iveco Limited (business FPT Industrial)	Watford	United Kingdom		117,000,000	GBP		100.00	Iveco Holdings Limited		100.000
Iveco Magirus AG (business FPT Industrial)	Ulm	Germany		50,000,000	EUR		94.00	Fiat Netherlands Holding N.V.		88.340
								Iveco S.p.A.		5.660
Iveco Motorenforschung AG	Arbon	Switzerland		4,600,000	CHF		100.00	FPT Industrial S.p.A.		100.000
Iveco Sweden A.B. (business FPT Industrial)	Arlov	Sweden		600,000	SEK		100.00	Fiat Netherlands Holding N.V.		100.000
SAIC Fiat Powertrain Hongyan Co. Ltd.	Chongqing	People’s Rep. of China		580,000,000	CNY		60.00	FPT Industrial S.p.A.		30.000
								SAIC IVECO Commercial Vehicle Investment Company Limited		60.000

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