Iveco - automotive industry company news 
INDIA: JBM Cadmium acquires Tesco Go engineering services
4 January 2012
JBM Cadmium, part of JBM Group, has acquired Tesco Go, which provides product development engineering services to the auto, railway and aerospace sectors.
ITALY: Marchionne hints at Fiat Industrial HQ move
6 December 2011
Fiat Industrial's stock listing could move to the United States within the next two or three years.
CHINA: Sorl Auto Parts inks brake deal with Naveco
28 November 2011
Commercial vehicle brake and control systems supplier Sorl Auto Parts, says it has inked a deal with new customer, Nanjing Iveco Automobile China (Naveco) for a brake product development and supply agreement.
BELGIUM: EC gives Volkswagen green light for MAN bid
27 September 2011
Volkswagen has been cleared by the European Commission (EC) through the EU Merger Regulation for its proposed acquisition of commercial vehicles manufacturer MAN.
ANALYSIS: Fiat-Chrysler merger brings birth of a new auto giant
3 August 2011
Fiat's Sergio Marchionne has long argued that scale is all in the volume car business. Fiat has now taken control of Chrysler and the effective union of the two is to be cemented by a single management committee. Prana Natarajan, Senior Research Analyst at Frost & Sullivan, reviews the creation of a new auto giant.
ITALY: Fiat Industrial denies sale report
5 May 2011
Truck and tractor maker Fiat Industrial has denied it had hired banks to sell the company.
ITALY: Fiat Industrial sale to fund Chrysler merger - paper
4 May 2011
Fiat chief Sergio Marchionne is planning to sell Fiat Industrial, the company's heavy vehicle division, to finance a merger with Chrysler, Italian newspaper La Repubblica said.
US: Dana inks strategic agreement with Sifco
8 February 2011
Dana Holding is to become a full service provider of driveline systems in the growing South American commercial vehicle business after completing a strategic transaction with Sifco, a leading producer of steer axles and forged components in South America.
ITALY: Fiat does better than expected in 2010
27 January 2011
Fiat Group revenues rose 12.3% year on year to EUR56.3bn while automobiles and related components businesses (Fiat SpA post 1 January demerger) booked revenues up 9.8% to EUR35.9bn and CNH, Iveco and related powertrain activities (Fiat Industrial) had revenues up 18.8% to EUR21.3bn.
US: SAIC plans to increase localised R&D production to 40%
13 January 2011
MG owner and GM/Volkswagen JV partner SAIC Motor said the company’s goal for its 12th five-year guideline (2011–2015) is to double its annual sales and marketing targets, while at the same time paying more attention to overseas business expansion and localisation of research and development.
ITALY: Marchionne chairs Fiat Industrial executive council
5 January 2011
Fiat Industrial, formed on 1 January 2011 and comprising CNH, Iveco and FPT Industrial, has named Sergio Marchionne as chairman of its industrial executive council (IEC), it was announced today (5 January).
SPAIN: TagAz, Iveco, mull Santana acquisition
1 December 2010
Santana, the Spanish offroader maker, continues to negotiate a sale to either TagAz or Iveco as it struggles to survive Spain's deep recession, a company official confirmed.
ITALY: Fiat Group to demerge from 1 January
30 November 2010
The Fiat Group is to formally split into two separate companies on 1 January 2011, Fiat SpA and Fiat Industrial SpA, both of which will be listed on the Milan Stock Exchange.
ITALY: Fiat revises 2010 forecast upwards
21 October 2010
Fiat SpA expects full year earnings to be at least EUR2bn (US$2.8bn) compared with a previous estimate of EUR1.2bn. The revised figure follows an improved third quarter trading profit of EUR586m beating the EUR409m estimate of analysts thanks to improved sales of Iveco trucks and Case New Holland tractors.
ITALY: Fiat appoints new Iveco CEO
12 October 2010
Fiat has appointed Alfredo Altavilla as CEO of Iveco, replacing Paolo Monferino who is leaving the Group to take up the role of Director of Health for the Region of Piedmont.
BELGIUM: Truckmakers concerned over EU emissions plan
8 October 2010
Truckmakers are protesting European Union plans to impose strict curbs on C02 emissions, calling them unrealistic and ill-designed.
SPAIN: Unions claim national strike idles auto factories
29 September 2010
A national strike has idled most car factories in Spain, Europe's third-largest auto manufacturer, as workers protest against the government's labour reform and economic policies which they claim are sticking the country into a deeper recession.
INTERVIEW: Charles Matthews, Axeon's Chairman
15 September 2010
Dundee (Scotland)-based Axeon claims it is Europe’s largest independent lithium-ion battery systems supplier and the UK’s only high-tech automotive battery manufacturer. Dave Leggett met up with the company's chairman, Charles Matthews.
RUSSIA: Iveco to set up JV with Russian Technologies
6 August 2010
Russian Technologies is to set up a joint venture with Fiat Group's Iveco truck division to supply LMV M65 light multi-purpose military vehicles for the Russian military, according to Russian media.
FRANCE: Faurecia snaps up Plastal Spain
1 July 2010
Faurecia has signed an agreement to acquire tier one supplier Plastal Spain which makes exterior parts for the automotive industry.
ANGOLA: Fiat's Iveco eyes opportunity
17 May 2010
Fiat Group's Iveco truck unit plans to invest US$60m in Angola in the next three years, in a bid to become the African nation's top truck importer, an executive was quoted as saying on Monday.
LUDVIGSEN'S COLUMN: Fiat’s fraught future
5 May 2010
Fiat was forthcoming with the details of its next five-year plan, due to culminate in 2014. Looking behind the glossy presentation, we see some serious challenges for the veteran Italian auto maker, says Karl Ludvigsen.
US: BorgWarner acquires EGR parts specialist
12 April 2010
Global powertrain supplier BorgWarner (BW) has acquired Dytech ENSA SL, a producer of exhaust gas recirculation (EGR) coolers, EGR tubes, and integrated EGR modules including valves for automotive and commercial vehicle applications, both on- and off-road.
AUSTRALIA: Navistar, Iveco end International trucks agreement
1 March 2010
Navistar International and Iveco Trucks Australia have decided to terminate their supply, technical assistance and licence agreement. The deal, under which Iveco markets some of Navistar's International brand trucks in Australia, will end from 9 October this year.
US: LG Chem to supply Eaton hybrid batteries
6 January 2010
LG Chem is to supply lithium ion batteries for commercial hybrid electric vehicles to Eaton for four years starting next November.
BRAZIL: Iveco prescribes an Electric Daily
3 September 2009
Iveco's Brazilian unit has unveiled a prototype of its new electric Daily, a model destined to be the first zero emission light commercial vehicle produced in Latin America.
US: Mercedes-Benz takes over Sprinter vans
2 September 2009
Another link between Daimler and former partner Chrysler has been broken with the announcement that Mercedes-Benz will take over sales, marketing, distribution and service of Mercedes-Benz and Freightliner Sprinter commercial vehicles in the US.
ITALY: Fiat and Tata to jointly market Nano in South America
23 July 2009
Fiat and Tata Motors plan to sell the Indian manufacturer’s low-cost Nano model jointly in Latin America.
ITALY: Fiat meets with unions and government
18 June 2009
Fiat will maintain its workforce at current levels provided that was financially sustainable, chief executive Sergio Marchionne said on Thursday at a meeting between the automaker, Italian government and unions.
UK: Iveco joins the scrappage scheme
1 June 2009
It's not just for cars. Iveco has signed up to the UK Government’s car and van scrappage scheme, which enables customers to scrap a car or van over ten years old and benefit from a GBP2,000 discount against the purchase of a new vehicle.
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