Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Iveco
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== History == Iveco (stylized in [[all caps]] as ''IVECO'') was incorporated on 1 January 1975, with the merger of five different brands: [[Fiat Industrial|FIAT Veicoli Industriali]] (with headquarters in Turin), [[Officine Meccaniche|OM]] ([[Brescia]], Italy), [[Lancia Veicoli Speciali]] (Italy), [[Unic]] (France), and [[Magirus-Deutz]] (Germany).<ref>{{cite web|title=History of Iveco / 1975β1984|url=http://www.fiatindustrial.com/en-us/group/history/iveco/Pages/iveco_1975_1984.aspx|publisher=fiatindustrial.com|access-date=April 4, 2013}}</ref> Following the merger, the newly founded Iveco began rationalizing its product range, manufacturing plants, and sales network, while keeping the original brands. From 1975 to 1979, the Iveco range included 200 basic models and 600 versions spanning from 2.7 tons of GVW for light vehicles to over 40 tons for heavy vehicles, as well as buses and engines.<ref>{{citation |first = Massimo |last = Condolo |title = IVECO 1975β2005 |language = it |date = September 2005 |publisher = Fondazione Negri |ref = MC1 |isbn = 8889108045}}</ref><ref>{{citation |first1 = Raffaele |last1 = Sanguineti |first2 = Carlo Felice |last2 = Zampini Salazar |ref = SZS |title = IVECO Story |work = The world of Transport |date = 1994 |publisher = Norden Publishing House Ltd. |page = 144}}</ref> In 1977, the light- to medium-weight [[Iveco Zeta]] range was introduced, replacing the 20-year-old [[OM Lupetto]]. Integrating the Fiat-OM range with the Unic and Magirus lineups was completed by 1980.<ref name="Truck9.82">{{cite journal |journal = TRUCK |date = September 1982 |ref = truck982 |page = 27 |editor-last = Kennett |editor-first = Pat |title = Intertruck: Italy |last = Norbye |first = Jan |location = London, UK |publisher = FF Publishing Ltd}}</ref> IVECO moved in to work on increasing productivity and engine development.<ref name="Truck9.82" /> In 1978, IVECO launched the first product in the range of IVECO-branded light vehicles, the [[Iveco Daily|Daily]].<ref>{{cite web |title = Fiat Industrial 2011 Annual Report |url = http://www.fiatindustrial.com/en-US/investor_relations/financial_reports/bilanci/FiatDocuments/FI_Relazione_finanziaria_annuale_2011_FINALE_NIS_ENG.pdf |page = 103 |publisher = [[Fiat]]}}</ref> In 1980, Iveco built a [[turbo diesel]] engine for heavy industrial vehicles.<ref>[[#MC1|Condolo]], pp. 28β29</ref> In 1984, Iveco launched the TurboStar,<ref>John Carroll, Peter James Davies: Tractor & Trucks, 2007 Hermes House β p. 7</ref> a heavy on-road vehicle that became a best-seller in Italy and also successful in the European market, selling a total of 50,000 units in seven years.<ref>[[#SZS|Sanguineti & Zampini Salazar]], pp. 202</ref> In 1985, Iveco made the first light diesel engine with [[Fuel injection#Direct injection systems|direct injection]].<ref name="fiatindustrial.com">{{cite web|title=History of Iveco 1984β1994|url=http://fiatindustrial.com/en-US/group/history/iveco/Pagine/iveco_1985_1994.aspx|archive-url=https://web.archive.org/web/20120626132047/http://www.fiatindustrial.com/en-US/group/history/iveco/Pages/iveco_1985_1994.aspx|archive-date=June 26, 2012 |website=Fiat Industrial Official}}</ref> From 1986, Iveco S.p.A. held a 52% stake in Iveco Ford Truck Ltd, a joint venture (and effectively a merger) with [[Ford of Europe]]'s truck division. Ford plants took over production and sales of the major vehicles in the Iveco range and continued production of the [[Ford Cargo]].<ref name="John Carroll p. 408">John Carroll, Peter James Davies: The Complete Book of Tractor & Trucks, 2000 Lorenz Books β p. 408</ref> In the mid-1980s, [[Astra Veicoli Industriali]], which produces [[dumper]]s and construction site/quarry vehicles in [[Piacenza]], became part of Iveco Group.<ref>[[#MC1|Condolo]], p. 11</ref> In 1989, the first [[Diesel engine]] with EGR to reduce [[Air pollution|polluting emission]]s compatible with commercial vehicles was produced, and the new Daily launched that same year was fitted with it.<ref name="John Carroll p. 408" /> In 1990, the group purchased 60% control of Spanish industrial company [[ENASA]], which owned the industrial vehicle builder [[Pegaso]].<ref name="John Carroll p. 408" /> In the 1990s, the EuroCargo, EuroTech, EuroTrakker, and EuroStar vehicles represented a total facelift for the range.<ref name="John Carroll p. 408" /> The EuroCargo and the EuroTech were named "[[Truck of the Year]]" in 1992 and 1993, respectively, and for the first time, this recognition was awarded to the same manufacturer for two years in a row.<ref>[[#MC1|Condolo]], pp. 146β147</ref> English company [[Seddon Atkinson]] was purchased in 1991 and brought its long heritage of special vehicles for the construction and refuse-collection industries.<ref name="MC10">[[#MC1|Condolo]], p. 10</ref> That same year, the first TurboDaily assembly line was inaugurated at the Nanjing Motor Corporation in China.<ref>[[#SZS|Sanguineti & Zampini Salazar]], pp. 230</ref> In 1991, IVECO announced that they were withdrawing from the North American market at the end of the calendar year; they had been selling the midrange [[Iveco Zeta|Iveco Z/Euro]] there since 1978.<ref name="UPIend">{{cite web | url = https://www.upi.com/Archives/1990/09/10/Iveco-to-end-US-truck-sales-next-year/1536652939200/ | archive-url = https://web.archive.org/web/20201005004233/https://www.upi.com/Archives/1990/09/10/Iveco-to-end-US-truck-sales-next-year/1536652939200/ | archive-date = 2020-10-05 | last = Zverina | first = Jan A. | title = Iveco to end U.S. truck sales next year | work = UPI Archives | publisher = United Press International, Inc. | date = 1990-09-10 }}</ref> In 1992, Iveco took over the primary constructor of industrial vehicles in Australia to form Ital, originally called International Trucks Australia.<ref>Iveco acquires International Aust ''[[Truck & Bus Transportation]]'' June 1992 page 9</ref> In 1996 firefighting activities in Germany were structured under the company Iveco Magirus Brandschutztechnik GmbH.<ref name="ReferenceA">{{cite web|title=History of Iveco 1995β2004|url=http://fiatindustrial.com/en-US/group/history/iveco/Pagine/iveco_1995_2004.aspx|archive-url=https://web.archive.org/web/20120626133158/http://www.fiatindustrial.com/en-US/group/history/iveco/Pages/iveco_1995_2004.aspx|archive-date=June 26, 2012 |website=Fiat Industrial Official}}</ref><ref>{{Cite web |date=2022-09-17 |title=Xe nα»i bΓ i 247 |url=https://xenoibai247.com/ |access-date=2025-04-09 |language=en}}</ref> The following year, these activities were boosted by the arrival of an Austrian company, LΓΆhr, which then became LΓΆhr Magirus.<ref name="MC10" /> In 1998, the Cursor 8 was launched, followed the next year by the Cursor 10, the first diesel engine with a variable-geometry turbine and the first common-rail diesel engine for heavy industrial vehicles.<ref name="ReferenceA" /> The 125th anniversary of the presentation of the first Magirus ladder<ref>John Carroll, Peter James Davies: The Complete Book of Tractor & Trucks, 2000 Lorenz Books β p. 430</ref> was celebrated together with the delivery of the 5000th Magirus aerial ladder produced since the Second World War.<ref name="ReferenceA" /> In 2000 it was renamed ''Iveco Trucks Australia Limited''.<ref name="MC10" /> In 2003, Iveco entirely bought out [[Iveco Bus|Irisbus]], originally part of a joint venture with [[Renault]].<ref>{{citation | first = Petr | last = Pavlinek | title = A Successful Transformation?: Restructuring of the Czech Automobile Industry | date = 2008 | publisher = Springer | page = 151 }}</ref> In 2004, the Iveco Motors brand was introduced, which became an umbrella for the production of engines; the following year, it was incorporated into the newly founded [[Fiat Powertrain Technologies]]. At the end of 2004, an agreement was reached between Iveco and the Chinese company [[SAIC Motor]] to form [[SAIC Iveco Hongyan]].<ref>{{cite web|title=Concluso Accordo TRA IVECO, Fiat Powertain Technologies (FPT) E Saic Motor Corporation NEL Settore Dei Motori Medi e Pesanti|url=http://www.fptindustrial.com/FPTPressReleases/IT-IT/2005-2008/SAIC_24luglio2006.pdf|language=it|access-date=October 27, 2012|archive-date=September 24, 2015|archive-url=https://web.archive.org/web/20150924015047/http://www.fptindustrial.com/FPTPressReleases/IT-IT/2005-2008/SAIC_24luglio2006.pdf|url-status=dead}}</ref> On 1 January 2011, [[Fiat Industrial]] was formed, incorporating [[CNH (company)|CNH]], Iveco, and FPT Industrial.<ref>{{cite web|title=History|website=Fiat Industrial Official website|url=http://fiatindustrial.com/en-US/group/history/Pagine/la_storia.aspx|archive-url=https://web.archive.org/web/20120113201359/http://www.fiatindustrial.com/en-US/group/history/Pages/la_storia.aspx|archive-date=January 13, 2012}}</ref> In September of the same year, the Fiat Industrial Village was inaugurated in Turin, a multipurpose centre belonging to Fiat Industrial and created for the sales, assistance, and product presentation for the Iveco, New Holland, and FPT Industrial brands.<ref>{{cite web|website=Fiat Industrial website|title=A Torino nasce il Fiat Industrial Village|url=http://www.fiatindustrial.com/it-IT/media_center/press_release/FiatDocuments/20110919_FIV_IT.pdf|archive-url=https://web.archive.org/web/20120711000000/http://www.fiatindustrial.com/it-IT/media_center/press_release/FiatDocuments/20110919_FIV_IT.pdf|archive-date=July 11, 2012 |language=it}}</ref> On 11 November 2021, Iveco published the prospectus in order to split from [[CNH Industrial]]<ref>{{Cite web |date=November 11, 2021 |title=Iveco sees spin-off from CNH as boost to both companies' M&A prospects |url=https://www.reuters.com/article/business/iveco-sees-spin-off-from-cnh-as-boost-to-both-companies-ma-prospects-idUSKBN2HW1ON/ |access-date=2025-04-09 |website=Reuters |language=en-GB}}</ref> which will be operated as a publicly separated company named Iveco Group N.V.<ref>{{cite news|title=Iveco Group N.V. announces publication of the Prospectus|url=https://www.ivecogroup.com/media/corporate_press_releases/2021/november/iveco_group_nv_announces_publication_of_the_prospectus|date=November 11, 2021|access-date=January 25, 2022}}</ref> After the completion of the demerger, on 1 January 2022 Iveco became a part of Iveco Group N.V., the parent company of the trucks and speciality vehicles, powertrain and related financial services businesses previously held by CNH Industrial. As of 2023, the company forms part of the [[Dow Jones Sustainability Indices]].<ref>{{Cite web |url=https://portal.s1.spglobal.com/survey/documents/DJSIComponentsWorld_2023.pdf |title=Dow Jones Sustainability World Index (Effective as of December 18th, 2023) |access-date=2024-06-19 |website=[[S&P Global]] |archive-url=https://web.archive.org/web/20240604083442/https://portal.s1.spglobal.com/survey/documents/DJSIComponentsWorld_2023.pdf |archive-date=2024-06-04 |url-status=live}} (Linked from [https://www.spglobal.com/esg/csa/csa-resources/dow-jones-sustainability-indices-components-bh19 Dow Jones Sustainability Indices components] β DJSI Components β DJSI World section)</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Iveco
(section)
Add topic