From 1975 to 1979, the IVECO range included 200 basic models and 600 versions spanning from 2.7 tons of GVW for a light vehicle to over 40 tons for heavy vehicles, as well as buses and engines. įollowing the merger, the newly founded IVECO began rationalizing its product range, manufacturing plants, and sales network, while keeping the original brands. IVECO was incorporated on 1 January 1975, with the merger of five different brands: FIAT Veicoli Industriali (with headquarters in Turin), OM ( Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France), and Magirus-Deutz (Germany). It is subsidiary of Iveco Group N.V., a holding company incorporated in Amsterdam, Netherlands, and is listed on Borsa Italiana. The company was spun-off from CNH Industrial on 1 January 2022. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about €10 billion. Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands. It designs and builds light, medium, and heavy commercial vehicles. IVECO, an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company.
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