. . . EXHIBIT 8.1 CONTROLLING COMPANY PARENT COMPANY Fiat S.p.A. Italy SUBSIDIARIES CONSOLIDATED ON A LINE-BY-LINE BASIS Fiat Auto Holdings B.V. Netherlands Banco Fiat SA Brazil Banco Fidis de Investimento SA Brazil B.D.C. S.A. Belgium FAL Fleet Services S.A.S. France FC France SA France FL Auto Snc France Fiat Administradora de Consorcios Ltda. Brazil Fiat Auto Argentina S.A. Argentina Fiat Auto (Belgio) S.A. Belgium Fiat Auto Contracts Ltd United Kingdom Fiat Auto Dealer Financing SA Belgium Fiat Auto Espana S.A. Spain Fiat Auto Financial Services Limited United Kingdom Fiat Auto Financial Services (Wholesale) Ltd. United Kingdom Fiat Auto (France) S.A. France Fiat Auto Hellas S.A. Greece Fiat Auto Holding S.A. Switzerland Fiat Auto (Ireland) Ltd. Ireland Fiat Auto Japan K.K. Japan Fiat Auto Kreditbank GmbH Austria Fiat Auto Lease N.V. Netherlands Fiat Auto Maroc S.A. Morocco Fiat Auto Nederland B.V. Netherlands Fiat Auto Poland S.A. Poland Fiat Auto Portuguesa S.A. Portugal Fiat Auto South Africa (Proprietary) Ltd South Africa Fiat Auto S.p.A. Italy Fiat Auto (Suisse) S.A. Switzerland Fiat Auto Trading S.A. Brazil Fiat Auto (U.K.) Ltd United Kingdom Fiat Auto Var S.r.l. a S.U. Italy Fiat Automobil AG Germany Fiat Automobil GmbH Austria Fiat Automobil Vertriebs GmbH Germany Fiat Automobiler Danmark A/S Denmark Fiat Automoveis S.A. - FIASA Brazil Fiat Bank GmbH Germany B-1 Fiat Bank Polska S.A. Poland Fiat Center Italia S.p.A. Italy Fiat Center (Suisse) S.A. Switzerland Fiat CR Spol. S.R.O. Czech Republic Fiat Credit Belgio S.A. Belgium Fiat Credit Hellas Commercial S.A. of Vehicles Greece Fiat Credito Compania Financiera S.A. Argentina Fiat Credito Portugal S.A. Portugal Fiat Distribuidora Portugal S.A. Portugal Fiat Factoring GmbH Germany Fiat Factoring S.A. France Fiat Factoring Sociedade de Fomento Comercial Ltda Brazil Fiat Finance Holding S.A. Luxembourg Fiat Finance Netherlands B.V. Netherlands Fiat Finance Polska S.A. Poland Fiat Finance S.A. Switzerland Fiat Finance S.A. Luxembourg Fiat Finansiering A/S Denmark Fiat France Participations Financieres S.A. France Fiat Handlerservice GmbH Germany Fiat India Automobiles Private Limited India Fiat India Private Ltd. India Fiat Leasing GmbH Germany Fiat Leasing Portugal-Sociedade de Locacao Financeira Mobiliaria S.A. Portugal Fiat Location Auto Snc France Fiat Magyarorszag Kereskedelmi KFT. Hungary Fiat Motor Sales Ltd United Kingdom Fiat Servicos Tecnicos em Administracao Ltda. Brazil Fiat SR Spol. SR.O. Slovack Republic Fiat Sundaram Auto Finance Private Limited India Fiat Versicherungsdienst GmbH Germany FiatSava S.p.A. Italy Fidis Bank G.m.b.H. Austria Fidis Credit Danmark A/S Denmark Fidis Dealer Services B.V. Netherlands Fidis Factoring Italia S.p.A. Italy Fidis Hungary KFT Hungary Fidis Leasing GmbH Austria Fidis Nederland B.V. Netherlands Fidis Renting Italia S.p.A. Italy Fidis Retail Italia S.p.A. Italy Fidis S.p.A. Italy Finplus Renting S.A. Spain IN ACTION S.r.l. Italy Inmap 2000 Espana S.L. Spain International Metropolitan Automotive Promotion (France) S.A. France Internat.Metrop.Automotive Prom. (Belgio) S.A. Belgium Sata-Societa Automobilistica Tecnologie Avanzate S.p.A. Italy B-2 Sava-Leasing Societa per Azioni Italy Savarent Societa per Azioni Italy Sofice-Societe de Financement des Concessionaires S.A. France TarCredit E.F.C. S.A. Spain Tarfin S.A. Switzerland Targa Assistance S.r.l. Italy Targa Automotive S.p.A. Italy Targa Rent S.r.l. Italy Targasys Espana S.L. Spain AGRICULTURAL AND CONSTRUCTION EQUIPMENT CNH Global N.V. Netherlands Austoft Holdings Limited Australia Austoft Industries Limited Australia Banco CNH Capital S.A. Brazil Bli Group Inc. U.S.A. Blue Leaf I.P. Inc. U.S.A. Case Belgium BVBA Belgium Case Brasil & CIA Brazil Case Brazil Holdings Inc. U.S.A. Case Canada Investments Ltd. Canada Case Canada Receivables Inc. Canada Case Credit Australia Investments Pty. Ltd. Australia Case Credit Corporation U.S.A. Case Credit Global Investments Ltd. Bermuda Case Credit Holdings Limited U.S.A. Case Credit Ltd. Canada Case Equipment Holdings Limited U.S.A. Case Equipment International Corporation U.S.A. Case Europe S.a.r.l. France Case Harvesting Systems GmbH Germany Case India Limited U.S.A. Case International Limited United Kingdom Case International Marketing Inc. U.S.A. Case LBX Holdings Inc. U.S.A. Case LLC U.S.A. Case Machinery (Shanghai) Co. Ltd. People's Rep. of China Case Mexico S.A. Mexico Case New Holland Inc. U.S.A. Case New Holland Italia s.p.a. Italy Case United Kingdom Limited United Kingdom Case Wholesale Receivables Inc. U.S.A. CNH Argentina S.A. Argentina CNH Australia Pty Limited Australia CNH Belgium N.V. Belgium CNH Canada Ltd. Canada CNH Capital Australia Pty. Ltd. Australia CNH Capital Benelux S.A. Belgium B-3 CNH Capital Corporation U.S.A. CNH Capital (Europe) plc Ireland CNH Capital Insurance Agency Inc. U.S.A. CNH Capital plc Ireland CNH Capital Receivables Inc. U.S.A. CNH Capital U.K. Ltd United Kingdom CNH Danmark A/S Denmark CNH Deutschland GmbH Germany CNH Engine Corporation U.S.A. CNH Financial Services S.r.l. Italy CNH France S.A. France CNH Information Technology Company LLC U.S.A. CNH International S.A. Luxembourg CNH Latino Americana Ltda Brazil CNH Maquinaria Spain S.A. Spain CNH Movimento Terra S.p.A. Italy CNH Osterreich GmbH Austria CNH Polska Sp. z o.o. Poland CNH Receivables Inc. U.S.A. CNH Trade N.V. Netherlands CNH U.K. Limited United Kingdom Fiat Kobelco Construction Machinery S.p.A. Italy Fiatallis North America Inc. U.S.A. Fiat-Kobelco Construction Machinery Belgium SA Belgium Flexi-Coil Ltd Canada Flexi-Coil (U.K.) Limited United Kingdom Harbin New Holland Beidahuang Tractors Ltd. People's Rep. of China HFI Holdings Inc. U.S.A. JV UzCaseMash LLC Uzbekistan JV UzCaseService LLC Uzbekistan JV UzCaseTractor LLC Uzbekistan Kobelco Construction Machinery America LLC U.S.A. Kobelco Construction Machinery Europe BV Netherlands Lake Hull Pty. Ltd. Australia MBA AG, Baumaschinen Switzerland Multi Rental Locacao de Maquinas Ltda. Brazil New Holland Australia Pty. Limited Australia New Holland (Canada) Credit Company Canada New Holland (Canada) Credit Holding Ltd. Canada New Holland Canada Ltd. Canada New Holland Credit Australia Pty Limited Australia New Holland Credit Company LLC U.S.A. New Holland Excavator Holdings LLC U.S.A. New Holland Financial Services A/S Denmark New Holland Financial Services Ltd United Kingdom New Holland Financial Services S.A. France New Holland Holding Limited United Kingdom New Holland Holdings Argentina S.A. Argentina B-4 New Holland Investments Canada Ltd Canada New Holland Logistics S.p.A. Italy New Holland Ltd United Kingdom New Holland Mauritius (Private) Ltd. Mauritius New Holland North America Inc. U.S.A. New Holland Portugal-Comercio de Tractores e Maquinas Agricolas Ltda Portugal New Holland Receivables Corporation U.S.A. New Holland Retail Receivables Corporation I U.S.A. New Holland Retail Receivables Corporation II U.S.A. New Holland Tractor Ltd. N.V. Belgium New Holland Tractors (India) Private Ltd India O & K - Hilfe GmbH Germany O & K Orenstein & Koppel AG Germany Olaf Poulsen A/S Denmark Pryor Foundry Inc. U.S.A. Receivables Credit Corporation Canada Receivables Credit II Corporation Canada Receivables Credit III Corporation Canada RosCaseMash Russia Servicios Case Mexicana S.A. de C.V. Mexico Shanghai New Holland Agricultural Machinery Corporation Limited People's Rep. of China Tiede Landtechnik GmbH Germany Uzcaseagroleasing Uzbekistan COMMERCIAL VEHICLES Iveco N.V. Netherlands Amce-Automotive Manufacturing Co.Ethiopia Ethiopia Astra Veicoli Industriali S.p.A. Italy Brandschutztechnik Gorlitz GmbH Germany B.V. Rimij Netherlands C.A.M.I.V.A. Constructeurs Associes de Materiels S.A. France CBW Grundstukcsverwaltung GmbH & CO. Germany Componentes Mecanicos S.A. Spain Effe Grundbesitz GmbH Germany Equip'Lev Societe a Responsabilite Limitee France Euromoteurs S.A. France Fiat Capital Corporation U.S.A. F.L. Maintenance Societe par actions simplifiee France Fraikin Alquiler de Vehiculos S.A. Spain Fraikin Belgium S.A. Belgium Fraikin Belgium Truck Renting S.A. Belgium Fraikin Limited United Kingdom Fraikin Locamion Societe Anonyme France Fraikin Locatime S.A.S. France Fraikin S.A. (Suisse) in liq. Switzerland Fraikin Societe Anonyme France Fraikin-Lux S.A. Luxembourg Heuliez Bus S.A. France B-5 IAV-Industrie-Anlagen-Verpachtung GmbH Germany Ikarus Egyedi Autobusz GY Hungary Ikarusbus Jamugyarto RT Hungary Immobiliere Fraikin Societe par actions simplifiee France Industrial Vehicles Center Hainaut S.A. Belgium Interoto France Location-GEIE France Irisbus Australia Pty. Ltd. Australia Irisbus Deutschland GmbH Germany Irisbus France S.A. France Irisbus Holding S.L. Spain Irisbus Iberica S.L. Spain Irisbus Italia S.p.A. Italy Irisbus (U.K.) Ltd United Kingdom IVC Brabant N.V. S.A. Belgium IVC Nutzfahrzeuge AG Switzerland IVC Vehicules Industriels S.A. Switzerland IVC-Salzburg Nutzfahrzeughandel GmbH Austria IVC-Wien Nutzfahrzeughandel GmbH Austria Iveco Aifo S.p.A. Italy Iveco Argentina S.A. Argentina Iveco Austria GmbH Austria Iveco Bayern GmbH Germany Iveco Danmark A/S Denmark Iveco Eurofire (Holding) GmbH Germany Iveco Fiat Brasil Ltda Brazil Iveco Finance AG Switzerland Iveco Finance GmbH Germany Iveco Finance Limited United Kingdom Iveco Finance Luxembourg S.A. Luxembourg Iveco Finanziaria S.p.A. Italy Iveco Finland OY Finland Iveco Ford Truck Ltd United Kingdom Iveco Ford Truck Pension Trustee Ltd United Kingdom Iveco France S.A. France Iveco International Trade Finance S.A. Switzerland Iveco Investitions GmbH Germany Iveco Latin America Ltda Brazil Iveco Lease GmbH Germany Iveco Magirus AG Germany Iveco Magirus Brandschutztechnik GmbH Germany Iveco Mezzi Speciali S.p.A. Italy Iveco Motorenforschung AG Switzerland Iveco Nederland B.V. Netherlands Iveco Nord Nutzfahrzeuge GmbH Germany IVECO Nord-Ost Nutzfahrzeuge GmbH Germany Iveco Norge A.S. Norway Iveco Nutzfahrzeuge GmbH Hannover Braunschweig Germany Iveco Nutzfahrzeuge Nord-West GmbH Germany B-6 Iveco Otomotiv Ticaret A.S. Turkey Iveco Participations S.A. France Iveco Pegaso S.L. Spain Iveco Plan S.A. de Ahorro para fines determinados Argentina Iveco Poland Ltd. Poland Iveco Portugal-Comercio de Veiculos Industriais Ltda Portugal Iveco (Schweiz) AG Switzerland Iveco South Africa (Pty) Ltd. South Africa Iveco S.p.A. Italy Iveco Sud-West Nutzfahrzeuge GmbH Germany Iveco Sweden A.B. Sweden Iveco Trucks Australia Limited Australia Iveco Trucks of North America Inc. U.S.A. Iveco (UK) Ltd United Kingdom Iveco Ukraine Inc. Ukraine Iveco Venezuela C.A. Venezuela IVECO West Nutzfahrzeuge GmbH Germany Iveco-Motor Sich. Inc. Ukraine Karosa A.S. Czech Republic Karosa r.s.o. Slovack Republic Lev Societe Anonyme France Locamion Societe Anonyme France Loca-Pel Societe a Responsabilite Limitee France Lohr-Magirus Feuerwehrtechnik GmbH Austria Lyon Vehicules Industriels S.A.S. France Mediterranea de Camiones S.L. Spain Officine Brennero S.p.A. Italy Rhein-Main Nutzfahrzeuge GmbH Reichold, Franz Kahl & Partners Germany S.A. Iveco Belgium N.V. Belgium S.C.I. La Mediterraneenne France Seddon Atkinson Spares & Service Limited United Kingdom Seddon Atkinson Vehicles Ltd United Kingdom Seltra Societe Anonyme France Service Lorrain Vehicules Industriels - S.L.V.I. S.A.S. France Sicca S.p.A. Italy S.I.M.I.S.-Societe Industrielle pour le Materiels d'Incendie et de Securite S.A. France Societe Charolaise de Participations S.A. France Societe Civile Immobiliere Cles France Societe Civile Immobiliere des Cars Blues France Societe Civile Immobiliere "La Vitrollaise" France Societe Civile Immobiliere "Les Boussenot" France Societe d'Assistance Tecnique Automobile S.A.T.A.U. S.A. France Societe de Diffusion de Vehicules Industriels-SDVI S.A.S. France Societe de la Seoune S.A. France Sodima-Societe de Distribution de Materiel Automobile S.A.S. France Stevi-Societe Stephanoise de Vehicules Industriels S.A.S. France Transolver Finance Establecimiento Financiero de Credito S.A. Spain Transolver Finance S.A. France B-7 Transolver Operational Services Limited United Kingdom Transolver Service S.A. Spain Transolver Service S.p.A. Italy Transolver Services GmbH Germany Transolver Services S.A. France Trucksure Services Ltd United Kingdom Utilitaries & Vehicules Industriels Franciliens-UVIF SAS France Vehicules Industriels Phoceens-V.I.P. S.A.S. France Zona Franca Alari Sepauto S.A. Spain 2 H Energy Societe par Actions Simplifiee France FERRARI Ferrari S.p.A. Italy Ferrari Deutschland GmbH Germany Ferrari Idea S.A. in liq. Switzerland Ferrari International S.A. Luxembourg Ferrari N.America Inc. U.S.A. Ferrari San Francisco Inc. U.S.A. Ferrari (Suisse) SA Switzerland Ferrari.Net S.p.A. Italy GSA-Gestions Sportives Automobiles S.A. Switzerland Maserati North America Inc. U.S.A. Maserati S.p.A. Italy MSC USA U.S.A. METALLURGICAL PRODUCTS Teksid S.p.A. Italy Accurcast Limited Canada Fonderie du Poitou Fonte S.A.S. France Funfrap-Fundicao Portuguesa S.A. Portugal Jutras Die Casting Limited Canada Magnesium Products of America Inc. U.S.A. Magnesium Products of Italy-M.P.I.-S.p.A. Italy Meridian Deutschland GmbH Germany Meridian Magnesium LLC U.S.A. Meridian Magnesium N.V. Netherlands Meridian Technologies Inc. Canada Societe Bretonne de Fonderie et de Mecanique S.A. France Teksid Acquisition Inc. Canada Teksid do Brasil Ltda Brazil Teksid Hierro de Mexico S.A. de C.V. Mexico Teksid Inc. U.S.A. Teksid Investment N.V. Netherlands Teksid Iron Poland Sp. z o.o. Poland 1118395 Ontario Inc. Canada COMPONENTS Magneti Marelli Holding S.p.A. Italy B-8 Autocomponents Suspension S.r.l. a Socio Unico Italy Automotive Lighting Brotterode GmbH Germany Automotive Lighting Corporation U.S.A. Automotive Lighting Holding GmbH Austria Automotive Lighting Italia S.p.A. Italy Automotive Lighting o.o.o. Russia Automotive Lighting Polska Sp. z o.o. Poland Automotive Lighting Reutlingen GmbH Germany Automotive Lighting S.R.O. Czech Republic Automotive Lighting UK Limited United Kingdom Carex Uitaacenter N.V. Belgium C.e.a. Axo Scintex S.A. France Fiat CIEI S.p.A. Italy Iluminacao Automotiva Ltda Brazil Industrial Yorka de Mexico S.A. de C.V. Mexico Industrial Yorka de Tepotzotlan S.A. de C.V. Mexico Kadron S/A Brazil Magneti Marelli After Market Limited United Kingdom Magneti Marelli After Market S.p.A. Italy Magneti Marelli Argentina S.A. Argentina Magneti Marelli Cofap Camisas S.A. Brazil Magneti Marelli Cofap Companhia Fabricadora de Pecas Brazil Magneti Marelli Components B.V. Netherlands Magneti Marelli Conjuntos de Escape S.A. Argentina Magneti Marelli Controle Motor Ltda. Brazil Magneti Marelli Deutschland GmbH Germany Magneti Marelli do Brasil Industria e Comercio SA Brazil Magneti Marelli Escapamentos Ltda Brazil Magneti Marelli Exhaust Systems Polska Sp. z o.o. Poland Magneti Marelli France S.A. France Magneti Marelli Iberica S.A. Spain Magneti Marelli Motopropulsion France SAS France Magneti Marelli North America Inc. U.S.A. Magneti Marelli Otomotiv Sistemleri Sanayi ve Ticaret A.S. Turkey Magneti Marelli Poland S.A. Poland Magneti Marelli Powertrain GmbH Germany Magneti Marelli Powertrain (Shanghai) Co. Ltd. People's Rep. of China Magneti Marelli Powertrain S.p.A. Italy Magneti Marelli Powertrain U.S.A. Inc. U.S.A. Magneti Marelli Services S.p.A. Italy Magneti Marelli Sistemi di Scarico S.p.A. Italy Magneti Marelli South Africa (Proprietary) Limited South Africa Magneti Marelli Suspension Systems Poland Sp. z o.o. Poland Magneti Marelli Svenska A/B in liq. Sweden Magneti Marelli Tubos de Escape SL Spain Magneti Marelli U.K. Limited United Kingdom Malaysian Automotive Lighting SDN. BHD Malaysia Midas Autoservice GmbH Austria B-9 Midas Europe S.A.M. Princ. of Monaco Midas France S.a.s. France Midas Italia S.p.A. Italy Midas Polska Sp. z o.o. Poland Midas S.A. Belgium Midas Schwiez AG Switzerland Midas Silenciador S.L. Spain Midas Spain Inc. U.S.A. MotorMust.com S.p.A. in liq. Italy Sadim S.a.r.l. France Seima Italiana Deutschland GmbH Germany Seima Italiana S.p.A. Italy Sistemi Sospensioni S.p.A. Italy Tecnologia de Iluminacion Automotriz S.A. de C.V. Mexico Tutela Lubrificantes S.A. Brazil Ufima S.A. France Yorka de Mexico S.A. de CV Mexico Yorka SA - Senalizacion y Accesorios del Automovil Spain PRODUCTION SYSTEMS Comau B.V. Netherlands Autodie International, Inc. U.S.A. Comau Argentina S.A. Argentina Comau Australia Pty. Ltd Australia Comau Belgium N.V. Belgium Comau Deutschland GmbH Germany Comau do Brasil Ltda. Brazil Comau Estil Unl. United Kingdom Comau France S.A. France COMAU Germann-Intec GmbH & Co. KG Germany Comau India Private Limited India COMAU Ingest Sverige AB Sweden Comau Management Inc. U.S.A. Comau Pico Holdings Corporation U.S.A. Comau Poland Sp. z o.o. Poland Comau Quad Precision (Pty) Ltd. South Africa Comau Romania S.R.L. Romenia Comau SA Body Systems (Pty) Ltd. South Africa Comau SA Press Tools and Parts (Pty) Ltd. South Africa Comau SA Properties (Pty) Ltd. South Africa Comau Sciaky S.A. France Comau Service Systems S.L. Spain Comau Service U.K. Ltd United Kingdom Comau (Shanghai) Automotive Equipment Co. Ltd. People's Rep. of China Comau South Africa (Pty) Ltd. South Africa Comau S.p.A. Italy Deltasign Ltd. in liq. United Kingdom Discserve Ltd. in liq. United Kingdom B-10 Eagle Test and Assembly Co. U.S.A. Estil Control Systems Luton Ltd. in liq. United Kingdom Estil Shrewsbury Ltd. in liq. United Kingdom Famis Technology Ltd. in liq. United Kingdom Geico do Brasil Ltda Brazil Geico Endustriyel Taahhut A.S. Turkey Geico S.p.A. Italy Germann-Intec Verwaltungs GmbH Germany Italtech S.p.A. Italy Mecaner S.A. Spain Novi Industries, Inc. U.S.A. Numerical Control Center, Inc. U.S.A. Pico East, Inc. U.S.A. Pico Estil Control Systems Ltd. in liq. United Kingdom Pico Estil Manufacturing Ltd. in liq. United Kingdom Pico Estil Nottingham Ltd. in liq. United Kingdom Pico Europe, Inc. U.S.A. Pico Expatriate, Inc. U.S.A. Pico Iaisa S.de R.L. de C.V. Mexico Pico Pitex S.de R.L. C.V. Mexico Pico Resources, Inc. U.S.A. Precision.Com Corp. U.S.A. Progressive Industries Co. of Canada Ltd. Canada Progressive Mexico S.de R.L. de C.V. Mexico Progressive Tool & Industries Company U.S.A. Renault Automation Comau S.A. France Trebol Tepotzotlan S.de R.L. de C.V. Mexico Wisne Automation & Engineering Co. U.S.A. Wisne Design Mexico S.de R.L. de C.V. Mexico Wisne Technologies, Inc. U.S.A. AVIATION FiatAvio S.p.A. Italy ELV S.p.A. Italy Fiat Avio Inc. U.S.A. Fiat Avio Polska Sp. z o.o. Poland Regulus S.A. French Guiana Societa di Servizi Comprensoriali e di Sviluppo Immobiliare-SE.CO.SV.IM. S.r.l. Italy Societa Elettronica per l'Automazione S.p.A. Italy PUBLISHING AND COMMUNICATIONS Itedi-Italiana Edizioni S.p.A. Italy Editrice La Stampa S.p.A. Italy Publikompass S.p.A. Italy INSURANCE Toro Assicurazioni S.p.A. Italy B-11 Altegia S.A. France Augusta Assicurazioni S.p.A. Italy Augusta Vita S.p.A. Italy Continent Assistance S.A. France Continent Holding S.A. France Continent IARD S.A. France Continent Vie S.A. France CST-Centro Servizi Toro S.p.A. Italy D.A.S. Difesa Automobilistica Sinistri S.p.A. Italy Fiat Ubezpieczenia Majatkowe Spolka Akcyjna Poland Fiat Ubezpieczenia Zyciowe S.A. Poland Giano Assicurazioni S.p.A. Italy Guardian Finances S.A. France Guardian Vie S.A. France Iniziative Sviluppo Immobiliare-Isim S.p.A. Italy Lloyd Italico Assicurazioni S.p.A. Italy Lloyd Italico Vita S.p.A. Italy L'Union Generale du Nord S.A. France Nuova Tirrena S.p.A. Italy Phenix Seguradora S.A. Brazil Roma Vita S.p.A. Italy Societe Immobiliere Belle-Terre S.A. in liq. Switzerland Toro International Holding N.V. Netherlands Toro Targa Assicurazioni S.p.A. Italy Toro Targa Participacoes S/C Ltda Brazil SERVICES Business Solutions S.p.A. Italy Borello S.p.A. Italy Building Services S.r.l. Italy Building Support S.r.l. a socio unico Italy Business Solutions Deutschland FiatGroup GmbH Germany Business Solutions do Brasil Ltda Brazil Business Solutions FiatGroup USA Inc. U.S.A. Business Solutions France FiatGroup S.a.s. France Business Solutions Iberica Fiat Group SL Spain Business Solutions Polska Sp. z o.o. Poland Cleantecno S.r.l. Italy Cromos Consulenza e Formazione S.r.l. Italy Delivery & Mail S.r.l. Italy Easy Drive S.r.l. a S.U. Italy eSPIN S.p.A. Italy Fast Buyer France S.a.r.l. France Fast-Buyer S.p.A. Italy Fiat Engineering France S.A. France Fiat Engineering India Ltd. India Fiat Engineering S.p.A. Italy Fiat GES.CO. Belgium N.V. Belgium B-12 Fiat Gesco S.p.A. Italy FiatEngineering do Brasil-Comercio e Industria Ltda Brazil FiatEngineering Polska Sp. z o.o. Poland Gesco Active S.p.A. Italy Gesco Sud S.p.A. Italy Gesco U.K. Limited United Kingdom Global Value S.p.A. Italy H.R. Services S.p.A. Italy Impreinvest S.p.A. Italy Individua S.p.A. Italy Ingest Facility S.p.A. Italy Ingest Segim Polska Sp. z o.o. Poland Investimenti e Gestioni S.p.A. Italy Ipi Intermediazione S.r.l. Italy IPI Societa di Gestione del Risparmio S.p.A. Italy IPI S.p.A. Italy Isvor Knowledge System S.p.A. Italy ITS Information Technology Services S.r.l. a S.U. Italy Japigia 2000 S.r.l. Italy KeyG Consulting S.p.A. Italy Learning Systems S.p.A. Italy Matrix S.r.l. Italy New Business Nove S.r.l. Italy Progetto Lavoro Impresa S.p.A. Italy Risk Management S.p.A. Italy Sadi Brasil Ltda. Brazil Sadi Polska-Agencja Celna Sp. z o.o. Poland Scuola di Pubblica Amministrazione s.p.a. Italy Servizi e Attivita Doganali per l'Industria S.p.A. Italy Sestrieres S.p.A. Italy SOLGESA-Soluzioni Gestionali Avanzate S.p.A. Italy Sporting Club Sestrieres S.r.l. Italy TRANSFIMA S.p.A. Italy Trantor S.r.l. Italy WorkNet societa di fornitura di lavoro temporaneo-per azioni Italy MISCELLANEOUS AND HOLDING COMPANIES Celt Receivables Limited Ireland Centro Ricerche Plast-Optica S.r.l. Italy C.R.F. Societa Consortile per Azioni Italy Elasis-Societa Consortile per Azioni Italy European Engine Alliance S.c.r.l. Italy Fahag Immobilien-und Finanz-Gesellschaft AG Switzerland Ferrari Fin. Services Inc. U.S.A. Fias Fiat Administration und Service GmbH Germany Fiat Argentina S.A. Argentina Fiat Concord S.A. Argentina Fiat do Brasil S.A. Brazil B-13 Fiat Energia S.r.l. Italy Fiat Financas Brasil Ltda Brazil Fiat Finance and Trade Ltd Luxembourg Fiat Finance Canada Ltd. Canada Fiat Finance Corporation B.V. Netherlands Fiat Finance France S.N.C. France Fiat Finance Luxembourg S.A. Luxembourg Fiat Finance North America Inc. U.S.A. Fiat France S.A. France Fiat Ges.co France (GEIE) France Fiat Gesco UK Limited in liq. United Kingdom Fiat Geva Europe Ltd. Ireland Fiat Ge.Va. S.p.A. Italy Fiat Gra.De EEIG United Kingdom Fiat Iberica S.A. Spain Fiat Information & Communication Services S.r.l. Italy Fiat International S.p.A. Italy Fiat Netherlands Holding N.V. Netherlands Fiat Partecipazioni S.p.A. Italy Fiat Polska Sp. z o.o. Poland Fiat Servizi per l'Industria S.c.p.a. Italy Fiat United Kingdom Limited United Kingdom Fiat U.S.A. Inc. U.S.A. Fiat-Revisione Interna e Ispettorato S.c.r.l. Italy IHF-Internazionale Holding Fiat S.A. Switzerland Immobiliaria Moderna 2000 S.L. Spain Intermap (Nederland) B.V. Netherlands Isvor Dealernet S.r.l. Italy Isvor Fiat S.p.A. - Societa di Sviluppo e Addestramento Industriale Italy La Stampa Europe SAS France Motorcomsa S.A. Switzerland Neptunia Assicurazioni Marittime S.A. Switzerland New Business Quattordici S.p.A. Italy Palazzo Grassi S.p.A. Italy Pharos S.r.l. Italy Rimaco S.A. Switzerland Sicind S.p.A. Italy Sisport Fiat Societa per Azioni-SF Italy Societa Italiana Commerciale Industriale-SICI S.p.A. Italy JOINTLY-OWNED COMPANIES CONSOLIDATED BY THE PROPORTIONAL INTEGRATION METHOD COMMERCIAL VEHICLES Naveco Ltd. People's Rep. of China AVIATION Europropulsion S.A. France Vegaspazio S.p.A. Italy B-14 SERVICES Global Value Solucoes Ltda Brazil SUBSIDIARIES VALUED BY THE EQUITY METHOD AUTOMOBILES Alfa Romeo Inc. U.S.A. Alfa Romeo Motors Ltd. Thailand Andalcar Motor S.L. Spain Auto Italia Erfurt GmbH Germany B.D.C. & Co. Societe en Commandite Simple Belgium Centro Automobile GmbH Frankfurt Germany Copada S.A.S. France F.A. Austria Commerz & Co. SCS Belgium F.A. Austria Commerz GmbH Austria Fiat Auto Egypt Industrial Company SAE Egypt Fiat Auto Egypt S.A.E. Egypt Fiat Auto S.A. de Ahorro para Fines Determinados Argentina Fiat Auto Thailand Pvt. Ltd. Thailand Fiat Automoviles Venezuela C.A. Venezuela Italcar SA Morocco Leasys S.p.A. Italy Multipoint Sevilla S.A. Spain New City Car S.A. Belgium SA France Auto France SA France Auto Roubaix France Saigarage S.p.A. in liq. Italy Sirio Polska Sp. z o.o. Poland Targa Infomobility S.p.A. Italy Targa Servizi Assicurativi S.p.A. Italy Zao Nizhegorod Motors Russia AGRICULTURAL AND CONSTRUCTION EQUIPMENT Agriserve Inc. U.S.A. Bizon-Ukraina S.P. Ukraine Case IH Power & Equipment Inc. U.S.A. Challenger New Holland Ltd. Canada First New Holland Inc. U.S.A. First State New Holland Inc. U.S.A. Garden City New Holland Inc. U.S.A. Hayward Implement Inc. U.S.A. La Grande New Holland Inc. U.S.A. Medicine Hat New Holland Ltd. Canada Memphis New Holland Inc. U.S.A. Neuse River New Holland Inc. U.S.A. Newton Tractor Sales Inc. U.S.A. Niagara Frontier Equipment Sales Inc. U.S.A. Northside New Holland Inc. U.S.A. B-15 Pensacola Tractor & Equipment Inc. U.S.A. Redwood Equipment Inc. U.S.A. Ridgeview New Holland Inc. U.S.A. Speedway New Holland Inc. U.S.A. St. Catharines New Holland Ltd. Canada Sunrise Tractor & Equipment Inc. U.S.A. Tallahassee New Holland Inc. U.S.A. Team New Holland Equipment Inc. U.S.A. Topeka New Holland Inc. U.S.A. Tri-County New Holland Inc. U.S.A. West Shore New Holland Inc. U.S.A. Woodstock New Holland Ltd Canada COMMERCIAL VEHICLES Altra S.p.A. Italy F. Pegaso S.A. Spain Financiere Pegaso France S.A. France Iveco S.P.R.L. Congo (Dem. Rep. Congo) METALLURGICAL PRODUCTS Compania Industrial Frontera S.A. de C.V. Mexico Teksid of India Private Limited Company India COMPONENTS Cofap Companhia Fabricadora de Pecas S.A. Brazil Seima Italiana Auto Svet Russia Seima Italiana Russia Russia PRODUCTION SYSTEMS Progressive Tool Argentina S.de R.L. in liq. Argentina INSURANCE Ogepa S.A. France Omnium de Financement et de realisation du Batiment-O.FI.BA. S.A. France MISCELLANEOUS AND HOLDING COMPANIES Ayfra S.A. in liq. Paraguay Banca Unione di Credito (Cayman) Ltd Cayman Islands BUC - Banca Unione di Credito Switzerland Centro Studi sui Sistemi di Trasporto-CSST S.p.A. Italy European Engine Alliance EEIG United Kingdom Fiat Deutschland GmbH Germany Fiat Russia OOO Russia Luganova S.A. Switzerland New Business 7 S.p.A. Italy New Business 8 S.p.A. Italy Norfinance & Associes S.A. Switzerland Norfinance Gestion S.A. Switzerland B-16 Norfinance Gestion (Ticino) S.A. Switzerland Overseas Union Bank and Trust (Bahamas) Ltd. Bahamas SGR-Sociedad para la Gestion de Riesgos S.A. Argentina Sistemi Ambientali S.p.A. in liq. Italy SUBSIDIARIES VALUED AT COST AUTOMOBILES Consorzio di Ricerca per Veicoli a Minimo Impatto Ambientale Italy Fiat Auto de Mexico Sociedad Anonima de Capital Variable (S.A. de C.V.) Mexico Fiat Auto Espana Marketing Instituto Agrupacion de Interes Economico Spain Fiat Auto Marketing Institute (Portugal) ACE Portugal Hidrofiasa Ltda Brazil La Fenice S.A. Argentina Nuove Iniziative Finanziarie 2 S.r.l. Italy Powertrain India Pvt. Ltd. India Pro-Car LLC Russia AGRICULTURAL AND CONSTRUCTION EQUIPMENT Case Credit Limited United Kingdom Case Credit Wholesale Pty. Limited Australia Case India USLT Limited U.S.A. Case Mauritius US Limited Mauritius Case Melbourne Pty Ltd. Australia Case Poclain Ltd. United Kingdom Case Sprayers Limited United Kingdom Consorzio Fiat-Kobelco Isvor Dealernet Rete Italy David Brown Tractors (Ireland) Ltd. Ireland Fermec North America Inc. U.S.A. International Harvester Company U.S.A. J.I. Case Company Limited United Kingdom J.I. Case International S.A. Venezuela Kestrin Pty. Ltd. Australia New Holland Superannuation Pty. Ltd. Australia Steiger International Ltd. Guam Versatile Farm Equipment Pty. Ltd. Australia COMMERCIAL VEHICLES Consorzio per la Formazione Commerciale Iveco-Coforma Italy Gestrans S.A. France IkarusBus Trejd KFT Russia Iran Magirus-Deutz Iran Irisbus North America Limited Liability Company U.S.A. Iveco Colombia Ltda. Colombia Iveco Hong Kong Limited People's Rep. of China M.R. Fire Fighting International S.A. Romenia SIVI S.p.A. Italy B-17 COMPONENTS Automotive Lighting Japan K.K. Japan Magneti Marelli Auto Pecas Ltda. Brazil Magneti Marelli Automotive Components (India) Limited India Magneti Marelli Componentes S.A. in liq. Argentina Magneti Marelli Pecas de Reposicao Ltda Brazil MM GB Limited United Kingdom Rien E.U.R.L. in liq. France Yorka Northamerica Corp. U.S.A. PRODUCTION SYSTEMS Comau U.K. Limited United Kingdom PUBLISHING AND COMMUNICATIONS Centro.com. S.r.l. Italy INSURANCE Royal Servizi Tecnici S.r.l. in liq. Italy S.C.I. Continent Pierre Grenier France S.C.I. Le Continent Asnieres France Societe Civile Immobiliere Continent Pierre France Societe Civile Immobiliere Continent Pyramides France Societe Civile Immobiliere Continent Wagram France Societe Civile Immobiliere Immovie France SERVICES C.O.AV. Citta Ospedaliera Avellino S.c. a r.l. Italy Consorzio Co.Ge.Av. in liquidazione Italy Consorzio Infatecno Italy CONSORZIO SERMAGEST - Servizi Manutentivi Gestionali Italy Fast Buyer do Brasil Ltda Brazil Fast Buyer Middle East A.S. Turkey Fast-Buyer India Private Limited India GestioneLavoro S.p.A. Italy Immobiliare F.E. S.r.l. Italy Nuova Immobiliare Cinque S.r.l. Italy Nuova Immobiliare Due S.r.l. Italy Nuova Immobiliare Quattro S.r.l. Italy Nuova Immobiliare Tre S.r.l. Italy Nuova Immobiliare Uno S.r.l. Italy SCI Saint Michel in liq. France Telexis do Brasil Ltda. Brazil Transfima Gruppo Europeo di Interesse Economico Italy Unisud S.r.l. Italy Worknet Formazione S.r.l. Italy B-18 MISCELLANEOUS AND HOLDING COMPANIES Consorzio Fiat Media Center Italy Consorzio "Sirio" per la Sicurezza Industriale Italy Fiat Common Investment Fund Limited United Kingdom Fiat Oriente S.A.E. in liq. Egypt Fides Corretagens de Securos Ltda Brazil Immobilier 92 SAS France ISVOR DILTS Leadership Systems Inc. U.S.A. Isvor Fiat India Private Ltd. India Komdix SAS France Luto Servizi S.A. Switzerland Mixerventinove S.r.l. Italy Mixerventisei S.r.l. Italy Mixerventisette S.r.l. Italy Mixerventotto S.r.l. Italy New Business Dodici S.r.l. Italy New Business Sei S.r.l. Italy New Business Tredici S.r.l. Italy New Business Undici S.r.l. Italy Nuove Iniziative Finanziarie 3 S.r.l. Italy Orione-Consorzio Industriale per la Sicurezza e la Vigilanza Italy Rimaco do Brasil Ltda. Brazil Sacafet in liq. Ethiopia ASSOCIATED COMPANIES VALUED BY THE EQUITY METHOD AUTOMOBILES Fiat-GM Powertrain B.V. Netherlands GM-Fiat Worldwide Purchasing B.V. Netherlands Jiangsu Nanya Auto Co. Ltd. People's Rep. of China Societa di Commercializzazione e Distribuzione Ricambi S.p.A. Italy Societa Europea Veicoli Leggeri-Sevel S.p.A. Italy Societe Europeenne de Vehicules Legers du Nord-Sevelnord Societe Anonyme France Somaca-Societe Marocaine Construction Automobiles S.A. Morocco Targa Trafficmaster S.p.A. Italy Targasys S.r.l. a S.U. Italy Tofas-Turk Otomobil Fabrikasi Tofas A.S. Turkey AGRICULTURAL AND CONSTRUCTION EQUIPMENT AG-Chem / New Holland LLC U.S.A. Al-Ghazi Tractors Ltd Pakistan Casady Brothers Implement Inc. U.S.A. CNH Capital Europe S.A.S. France Consolidated Diesel Company U.S.A. Employers Health Initiatives LLC U.S.A. GQM Products LLC U.S.A. Kobelco Construction Machinery Co. Ltd. Japan LBX Company LLC U.S.A. L&T Case Equipment Limited India B-19 Megavolt L.P. L.L.L.P. U.S.A. New Holland de Mexico SA de CV Mexico New Holland Finance Ltd United Kingdom New Holland HFT Japan Inc. Japan New Holland Trakmak Traktor A.S. Turkey Rathell Farm Equipment Company Inc. U.S.A. Sip-Mot S.A. Poland Turk Traktor Ve Ziraat Makineleri A.S. Turkey COMMERCIAL VEHICLES GEIE V.IV.RE France Haveco Automotive Transmission Co. Ltd. People's Rep. of China Iveco Uralaz Ltd. Russia Machen-Iveco Holding S.A. Luxembourg Otoyol Pazarlama A.S. Turkey Otoyol Sanayi A.S. Turkey V.IVE.RE Gruppo Europeo di Interesse Economico Italy METALLURGICAL PRODUCTS Hua Dong Teksid Automotive Foundry Co. Ltd. People's Rep. of China Nanjing Teksid Iron Foundry Co. Ltd. People's Rep. of China COMPONENTS Mako Elektrik Sanay Ve Ticaret A.S. Turkey PRODUCTION SYSTEMS Gerbi & Sciaky s.a.s. France Gonzales Production Systems Inc. U.S.A. G.P. Properties I L.L.C. U.S.A. PUBLISHING AND COMMUNICATIONS Editalia S.r.l. Italy Editoriale Corriere Romagna S.r.l. Italy Edizioni Dost S.r.l. Italy E.D.M. S.r.l. Italy Societa Editrice Mercantile S.r.l. Italy SERVICES Atlanet S.p.A. Italy Fiumicello S.r.l. Italy Global Value Services S.p.A. Italy Global Value Solutions S.p.A. Italy Immobiliare Novoli S.p.A. Italy Iupiter S.r.l. Italy Marina Cala de Medici Circolo Nautico S.p.A. Italy Rubattino 87 S.r.l. Italy Servizio Titoli S.r.l. Italy S.I.NO.DO. - Sistema Informativo Normativa Doganale in liq. Italy B-20 MISCELLANEOUS AND HOLDING COMPANIES Euro Capitale Structures Limited (ECS) Ireland Holding di Partecipazioni Industriali S.p.A. Italy Italenergia Bis S.p.A. Italy Lingotto S.p.A. Italy Livingstone Motor Assemblers Ltd. Zambia ASSOCIATED COMPANIES VALUED AT COST AUTOMOBILES Car City Club S.r.l. Italy Consorzio delle Dennie Italy Consorzio per la Reindustrializzazione dell'area di Arese S.c.r.l. Italy Fabrication Automobiles de Tiaret SpA Algeria G.E.I.E. Gisevel France G.E.I.E.-Sevelind France N. Technology S.p.A. Italy AGRICULTURAL AND CONSTRUCTION EQUIPMENT Brahma Steyr Tractors Limited India COMMERCIAL VEHICLES Afin Leasing AG Austria Atlas Vehicules Industriels S.A. Morocco CBC-Iveco Ltd. People's Rep. of China Consorzio Iveco Fiat-Oto Melara Italy Elettronica Trasporti Commerciali S.r.l. (Eltrac S.r.l.) Italy Sotra S.A. Ivory Coast Zastava-Kamioni D.O.O. Yugoslavia METALLURGICAL PRODUCTS S.A.S.-Societa Assofond Servizi S.r.l. Italy Servicios Industriales Parque Fundidores S.de r.l. de C.V. Mexico COMPONENTS Flexider S.p.A. Italy Gulf Carosserie India Limited India Johnson Matthey Argentina S.A. Argentina Mars Seal Private Limited India Matay Otomotiv Yan Sanay Ve Ticaret A.S. Turkey M.I.P.-Master Imprese Politecnico Italy Parades GEIE Italy Trust Plastron S.r.l. Italy PRODUCTION SYSTEMS Consorzio Fermag Italy Consorzio Generazione Forme-CO.GE.F. Italy Mixerotto S.r.l. in liq. Italy B-21 AVIATION Atla S.r.l. Italy Consaer Italy Consorzio Italmissile Italy Consorzio Oto-BPD in liq. Italy Consorzio Promav in liq. Italy Consorzio Riva-Sepa Italy Consorzio Sagat Italy Consorzio Servizi Acqua Potabile Italy Consorzio Servizi Colleferro Italy Consorzio Sitab Italy Eurojet Turbo GmbH Germany Italiana Sistemi Inerziali-Gruppo Europeo di Interesse Economico Italy Turbo-Union Limited United Kingdom SERVICES C.I.S.A. Consorzio per Impiantistica e Servizi Aerospaziali Italy Coberga S.c.r.l. in liq. Italy Consorzio Brescia Val Italy Consorzio CO.RI.R.E. in liq. Italy Consorzio "Dinamicity" Italy Consorzio Parco Industriale di Villastellone Italy Consorzio per il Barocco in liq. Italy Feic-Consorzio Imprese Lavori FFSS di Saline Italy Finanziaria Sistemi Trasporto S.r.l. in liq. Italy Gestlotto 6 S.c. a r.l. Italy Motorcity Park S.r.l. Italy Niugarit.Promocao e Desenvolvimiento de Actividades Industriais em Cooperacao Ltd Portugal Parco Grande S.c.r.l. Italy Ravizza S.c.r.l. Italy Santa Teresa 2000 S.r.l. Italy S.I.MA.GEST2 SOC.CONS. A R.L. Italy Societa Consortile a Responsabilita Limitata Nova Vetera S.c.r.l. in liq. Italy Uffici Finanziari 2000 S.c.r.l. Italy Villaggio Olimpico S.r.l. Italy MISCELLANEOUS AND HOLDING COMPANIES Acomarit Holdings Ltd. Bermuda Agenzia Internazionalizzazione Imprese Torino S.r.l. Italy Alcmena S.a.r.l. Luxembourg Ciosa S.p.A. in liq. Italy Concordia Finance S.A. Luxembourg CONFORM - Consorzio Formazione Manageriale Italy Consorzio Parco Industriale di Chivasso Italy Consorzio per lo Sviluppo delle Aziende Fornitrici Italy Consorzio Prode Italy B-22 Consorzio Scire Italy Consorzio Scuola Superiore per l'Alta Formazione Universitaria Federico II Italy Expo 2000 - S.p.A. Italy FMA-Consultoria e Negocios Ltda Brazil Giraglia Immobiliare S.p.A. Italy GPWC Holdings B.V. Netherlands Interfinanziaria S.A. Switzerland Italimpianti S.p.A. Italy Italpark-Societa per Infrastrutture Ausiliarie di Trasporti S.p.A. in liq. Italy Le Monde Europe S.A. France Le Monde Presse S.A. France Lombard Bank Malta PLC Malta MB Venture Capital Fund I N.V. Netherlands Nuova Didactica S.c. a r.l. Italy Presse Europe Regions S.A. France QSF Qualita Servizi Formazione GEIE Italy Tecnologie per il Calcolo Numerico-Centro Superiore di Formazione S.c. a r.l. Italy Zetesis S.p.A. Italy OTHER COMPANIES VALUED AT COST AGRICULTURAL AND CONSTRUCTION EQUIPMENT Lubelska Fabryka Maszyn Rolnicych S.A. Poland Plast-Form Sp. z o.o. Poland Polagris S.A. Lithuania COMMERCIAL VEHICLES Consorzio Bolzano Energia Italy Consorzio Spike Italy Trucks & Bus Company Libya METALLURGICAL PRODUCTS Infun For S.p.A. Italy COMPONENTS Consorzio U.L.I.S.S.E. Italy AVIATION Consorzio Sorore Italy INSURANCE S.C.I. Le Hameau du Golf France SERVICES Byte Software House - S.p.A. Italy Consorzio Alta Velocita Torino Milano C.A.V.TO.MI. Italy H.R.O. Polska Sp. z o.o. Poland Inmobiliaria Urbanitas SL Spain We-Cube.Com S.p.A. Italy B-23 MISCELLANEOUS AND HOLDING COMPANIES Ascai Servizi S.r.l. Italy Charta Net S.r.l. Italy Consorzio Technapoli Italy Ercole Marelli e C. S.p.A. Italy Euromedia Luxembourg One S.A. Luxembourg Fin.Priv. S.r.l. Italy Gerbi & Fase S.p.A. Italy I.M. Intermetro S.p.A. Italy IRCC-Istituto per la Ricerca e la Cura del Cancro-Torino S.p.A. Italy Istituto Europeo di Oncologia S.r.l. Italy Kish Receivables Company Ireland Selvi & Cie S.A. Switzerland Societe Anonyme Technique Immobiliere et Financiere de la Sadim (S.A.T.I.F.) Princ. of Monaco B-24