Iveco (acronym of Industrial Vehicles Corporation) is an Italian carmaker, located in Turin. It’s under the control of CNH Industrial Group. Iveco focuses on the production of commercial vehicles, buses and special vehicles. more
Iveco was founded in 1975 after the merger of such brands as Fiat Veicoli Industriali, OM, Lancia Veicoli Speciali, Unic and Magirus-Deutz. In 1978, the company presented its first light vehicle, the Daily. In 1980, it built the first turbo diesel engine for heavy industrial automobiles. In 1984, Iveco introduced TurboStar, which soon became a top-selling commercial vehicle in Italy and one of the most popular vehicles in Europe. In 1985, Iveco presented its first light diesel engine with direct injection. In 1980s, Iveco company purchased Ford of Europe truck division and Astra. In 1990, it became a holder of 60% stake in ENASA. In 1991, it merged with Seddon Atkinson. And in 2004, Iveco became an owner of Irisbus, which used to be its joint venture with Renault.
In 1992, Iveco EuroCargo was called “Truck of the Year”. In 1993, EuroTech model received the same award.
At the moment, Iveco is one of the largest and most dynamically developing manufacturers of commercial vehicles in the world. It includes 49 plants in 19 countries, 15 research centers and 844 dealer companies.
In addition, Iveco was a sponsor of many events, including 1980 Olympic Games in Moscow, the Davis Cup in 1982, the Jacques Cousteau expeditions and 2006 Winter Olympic Games in Turin.