Profile Description:
Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications worldwide. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services. It offers commercial and specialty vehicles comprising light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand; minibuses, city-buses, intercity buses, and coaches under the IVECO BUS and HEULIEZ brands; vehicles for civil defense and peace-keeping missions under the IDV brand; large-scale heavy-duty quarry and construction vehicles under the ASTRA brand; and firefighting vehicles under the MAGIRUS brand. The company also designs, manufactures, and distributes powertrains, combustion engines, alternative propulsion systems, transmission systems, and axles for on- and off-road applications, as well as for marine, agricultural, construction equipment, and power generation under the FPT Industrial brand. In addition, it offers financial products and services to dealers and customers; and administers retail and wholesale financing services to customers for the purchase or lease of new and used vehicles sold by brand dealers and distributors. Iveco Group N.V. was founded in 1975 and is headquartered in Turin, Italy.