iveco group

Tata Motors and Iveco Group have announced an agreement that will lead to the creation of a global commercial vehicle manufacturer, with transaction to be concluded by Q2 2026. The transaction, valued at approximately EUR 3.8 billion, involves a voluntary tender offer by Tata Motors for all common s...

Iveco Group is reportedly on the verge of finalizing two major transactions: the sale of its defence division to Leonardo, and the transfer of its commercial vehicle operations to India’s Tata Motors, anticipated on 19th July. According to Bloomberg, both deals could be formally announced as early a...

Obligatory premise: there is nothing official at the moment. Only, so to speak, news and press launches that have been chasing each other since the afternoon of Friday 18 July, under the impulse of a Reuters article. The Exor holding company, which holds the relative majority of shares in Iveco Grou...

Iveco Group has released its financial results 2024. Consolidated revenues amounted to €15,289 million compared to €15,978 million in 2023 (down 4%). Net revenues of Industrial Activities were €14,948 million compared to €15,640 million in 2023, with positive price real...

Cooperation between Hyundai and Iveco Group becomes stronger. Hyundai Motor Company will indeed supply an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform, to Iveco Group, the OEM announces in a press note. Hyundai Motor and Iveco Group initiated...

500 million euros financing has been granted by the European Investment Bank (EIB) to Iveco Group. The loan of 450 million euros signed in Turin represents the first tranche of the 500 million total approved by the Board of Directors of the EIB. The loan, with an 8-year amortisation profile, will be...