Company Profile
Iveco provides the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, specialty vehicles, combustion engines, alternative propulsion systems, transmissions, axles, and engines globally.
It operates in four segments: Truck, Bus, Powertrain, and Financial Services. The company offers light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand Minibuses, city buses, intercity buses, and coaches for tour and intercity bus service operators, and transport authorities under the IVECO BUS and HEULIEZ brands.
It also designs, manufactures, and distributes combustion engines, alternative propulsion systems, transmission systems, and axles for on- and off-road applications, agricultural and construction equipment, and marine and power generation applications under the FPT Industrial brand Financial products and services to dealers and customers.
Its portfolio also includes retail financing services to customers for the purchase or lease of new and used vehicles sold by brand dealers and distributors, wholesale financing consisting primarily of floor plan financing, which allows dealers to purchase and maintain a representative inventory of products, and discounts on non-dealer trade receivables.
It also provides ePropulsion products, including eAxles, central drives, and electric drive units. Its portfolio also includes energy storage systems, battery packs, and battery management systems, fuel-cell electric solutions and hybrid vehicle solutions, such as electric assist systems, and fuel cell electric vehicles. Founded in 1864, Iveco is headquartered in Turin, Italy.