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Draft:Iveco Group

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  • Comment: Corporate mergers do not make a "historic process". Please address WP:COI. Greenman (talk) 17:11, 18 March 2024 (UTC)
  • Comment: Unfortunately, the draft is still based largely on routine business coverage, press releases, and corporate announcements. Johannes (Talk) (Contribs) (Articles) 19:23, 7 March 2024 (UTC)


Iveco Group
ISINNL0015000LU4
Founded2022
Headquarters
Key people
Brands
Number of employees
36.000 (2024)
Websiteivecogroup.com

Iveco Group N.V. (EXM: IVG) is a multinational automotive company specialised in commercial and specialty vehicles, powertrain and related financial services. The registered office is in Amsterdam, Netherlands and its headquarters are in Turin, Italy. The company is listed on the Euronext Milan stock exchange[1][2]. Suzanne Heywood is Chairperson, Olof Persson is CEO[3][4].

Iveco Group was established in 2022 as a result of a spin-off from CNH Industrial[5][6][7]. It has 20 industrial sites and 31 research and development centres across the world[8].

Brands

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Iveco Group presides eight brands[9]:

  • IVECO designs, manufactures and commercialises heavy, medium and light duty commercial vehicles[10].
  • FPT Industrial specialises in powertrain technologies for both on-and off-road applications[11].
  • IVECO BUS designs and manufactures urban, intercity and tourism buses[12][13].
  • HEULIEZ focuses on passenger transport buses[14].
  • IDV provides specialised defence and civil protection equipment[15].
  • ASTRA produces large-scale, heavy-duty quarry and construction vehicles[16].
  • MAGIRUS specialises in firefighting vehicles[17].
  • IVECO CAPITAL is the financial services brand of the Group[18].

Projects and partnerships

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Hyundai Motor Company

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In March 2022, Iveco Group signed a MOU with Hyundai Motor Company to collaborate on an electric light commercial vehicle for the European market[19][20]. The same year Iveco Group and Hyundai Motor Company presented the first fuel cell large van at IAA 2022 in Hanover and a new hydrogen city bus at Busworld in Brussels in 2023[21] [22].

Nikola Iveco Europe

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In June 2023, Iveco Group acquired full ownership of Nikola Iveco Europe, a joint venture focused on electric and fuel cell heavy-duty trucks, now operating as EVCO Gmbh[23][24].

Metallica

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In November 2023, Iveco Group announced its partnership with Metallica for the European Leg of their M72 World Tour[25][26].

References

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  1. ^ World, Automotive (2022-01-03). "Iveco Group debuts on the Milan stock exchange with opening bell ceremony and first day of trading". Automotive World. Retrieved 2024-02-13.
  2. ^ "CNH Industrial approves Iveco spin-off". KHL Group. 2021-12-27. Retrieved 2024-04-04.
  3. ^ "CNH picks Iveco Group's Marx as new chief executive". Reuters.
  4. ^ "Iveco Group | Company Overview & News". Forbes. Retrieved 2024-02-23.
  5. ^ "CNH Industrial Completes Demerger with Iveco Group; Shares Rise". nasdaq.com.
  6. ^ "CNH Industrial shareholders approve spin-off of truck maker Iveco". Reuters.
  7. ^ "CNH Industrial and Iveco Begin Operations as Separate Businesses". OEM Off-Highway. 2022-01-14. Retrieved 2024-04-04.
  8. ^ "A Iveco Group pieno controllo di Nikola Iveco Europe - Veicoli Commerciali - Ansa.it". Agenzia ANSA (in Italian). 2023-07-06. Retrieved 2024-11-29.
  9. ^ "Iveco Group, otto marchi e un nuovo logo". la Repubblica (in Italian). 2021-09-30. Retrieved 2024-02-13.
  10. ^ "IVECO | Choose your market | Iveco". www.iveco.com. Retrieved 2024-02-13.
  11. ^ "Powertrains for industrial vehicles | FPT Industrial". www.fptindustrial.com. Retrieved 2024-02-13.
  12. ^ "Iveco to build electric buses in Italy | electrive.com". www.electrive.com. Retrieved 2024-02-13.
  13. ^ "IVECO Bus". www.iveco.com. Retrieved 2024-02-13.
  14. ^ "Heuliez Bus". www.heuliezbus.com. Retrieved 2024-02-13.
  15. ^ "You are being redirected..." www.idvgroup.com. Retrieved 2024-02-13.
  16. ^ "Astra Veicoli Industriali S.p.A. - www.astra-trucks.com". Astra Veicoli Industriali S.p.A. - www.astra-trucks.com. Retrieved 2024-02-13.
  17. ^ MAGIRUS (2023-09-07). "Magirus GmbH - fire engines & fire protection technologies". www.magirusgroup.com. Retrieved 2024-02-13.
  18. ^ "Home". www.ivecocapital.com. Retrieved 2024-02-13.
  19. ^ Middleton, Natalie (2022-09-22). "Iveco and Hyundai unveil fuel cell large van at IAA in Hannover". EV Fleet World. Retrieved 2024-02-23.
  20. ^ "Iveco, Hyundai fornirà veicolo commerciale leggero elettrico in Europa". www.teleborsa.it (in Italian). Retrieved 2024-02-23.
  21. ^ "Iveco Group: accordo con Hyundai Motor su veicolo commerciale leggero elettrico in Europa". Il Sole 24 ORE (in Italian). Retrieved 2024-02-23.
  22. ^ "Hyundai Motor to supply Italy's Iveco with new electric van for Europe". Reuters.
  23. ^ "Iveco to fully own venture with Nikola on electric, hydrogen trucks". Reuters.
  24. ^ "Iveco Group To Take Full Ownership Of JV With Nikola". RTTNews. Retrieved 2024-02-28.
  25. ^ "International Fire & Safety Journal | Fire Safety News". 2024-11-22. Retrieved 2024-11-29.
  26. ^ Staff, Editorial (2024-05-24). "Iveco Bus provides two eDaily BEV minibuses to the Metallica's crew during European tour". Sustainable Bus. Retrieved 2024-11-29.
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