Latest news with #IvecoGroup
Bloomberg
12-06-2025
- Business
- Bloomberg
Leonardo Faces Pressure to Boost Bid for Iveco Defense Unit
A consortium backed by Italy's Leonardo SpA is facing pressure to raise its offer for Iveco Group NV 's defense unit after being outbid by European rivals, people with knowledge of the matter said. Leonardo — the only Italian suitor in the process — made the lowest offer in the first round of bidding, the people said, asking not to be identified because the information is private. As a result, the company is coming under increased political pressure to improve its proposal to ensure the business remains in local hands, according to the people.
Yahoo
11-06-2025
- Automotive
- Yahoo
IVECO celebrates its 50th anniversary and sets in motion the spirit of the future
IVECO GROUP N.V. IVECO GROUP N.V. Turin, 11th June 2025. IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, marks the 50th anniversary since its foundation in 1975. Throughout the year, a series of activities will celebrate the rich heritage of the brand and highlight its bold vision for the future at Group sites worldwide: Sete Lagoas, Brazil; Cordoba, Argentina; Madrid, Spain; Annonay and Bourbon-Lancy, France; Brescia, Bolzano, Foggia, Piacenza and Suzzara, Italy; Vysoké Mýto, Czech Republic; Beijing, China; and many others. A special '50xBeyond' event will also be held from 12th to 15th June in Turin, IVECO's birthplace and the headquarters of Iveco Group. During the four days at OGR Torino – the late 19th-century industrial complex now turned into a hub of culture and innovation – Iveco Group's customers, dealers, partners and employees will be taken on a journey between past, present and future. They will be fully immersed in IVECO's fifty years of commitment to excellence and innovation in the transport sector and the way its people and vehicles have shaped the history of commercial mobility. There will be talks, performances and a display of the historic and latest models of vehicles and engines. Three new IVECO vehicles will be presented for the first time during the event. First, the S-eWay Artic, a fully electric heavy-duty truck with a range of up to 600 kilometres, which is IVECO's newest zero-emission solution designed for long-haul missions. Then, the two new electric vehicles deriving from the partnership with Stellantis that will expand IVECO's electric light commercial vehicle offering to cover the full spectrum of zero-emission urban mission solutions. Over the weekend, the celebration will extend to the local community. IVECO's 50th anniversary event at OGR Torino will be open to the public on Saturday afternoon and on Sunday morning, a procession of historic and state-of-the-art IVECO vehicles will parade through the city streets. IVECO has continued to evolve over the decades, trailblazing within the commercial vehicle market. Now it is ready for its next phase, offering a vehicle lineup with a unique combination of best-in-class innovation, reliability and sustainability. During the '50xBeyond' event the brand will be spotlighting this increasingly premium and distinctive force in the market. IVECO is setting in motion the spirit of the future together with its growing network of dealers, customers, and strategic partners who share the same forward-looking mindset. That's the essence of 'Spirito in movimento', the brand's new pay-off that will drive IVECO into the future. In Turin, a new partnership with the National Automobile Museum and support to the Italian Red Cross On the occasion of its 50th anniversary, IVECO is partnering with the MAUTO National Automobile Museum of Turin, one of the most important automobile museums in the world. A special exhibition dedicated to the history of IVECO is being hosted at the museum, showcasing three IVECO vehicles – a Daily light commercial vehicle, an S-WAY heavy-duty truck and an IVECO Minibus. In addition, a special edition off-road Tigrotto is on display together with original blueprints, scale models, advertising campaigns, and a selection of iconic vehicle models that tell the story of one of Italy's most influential industrial players. As corporate citizens, Iveco Group collaborates with organisations committed to the social and economic development of local communities. In Turin, several initiatives have been implemented in collaboration with social impact NGOs. One such initiative will take place in the city centre on 14th and 15th June, when volunteers from the Italian Red Cross will offer the public free cardiology consultations on board an IVECO Daily set up as a mobile clinic. This is part of a larger joint project between IVECO and the Italian Red Cross to raise awareness about cardiovascular disease prevention. IVECO: a union of five European vehicle manufacturers IVECO's journey began in 1975 with the union of five leading European industrial vehicle manufacturers: the Italian Fiat Veicoli Industriali (which included Officine Meccaniche and Lancia Veicoli Speciali), the French Unic and the German Magirus-Deutz. Together, they combined over 150 years of engineering expertise and innovation under one name: IVECO, acronym of Industrial Vehicles Corporation. Out of that original conglomerate, through acquisitions, alliances and partnerships, emerged Iveco Group's seven brands – IVECO, FPT Industrial, IVECO BUS, HEULIEZ, IDV, ASTRA and IVECO CAPITAL – which combine to offer a comprehensive range of commercial vehicles, powertrains, buses, specialty vehicles and financial services. Today Iveco Group employs 36,000 people around the world and has 19 industrial sites and 30 R&D centres. is the home of unique people and brands that power your business and mission to advance a more sustainable society. The seven brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs 36,000 people around the world and has 19 industrial sites and 30 R&D centres. Further information is available on the Company's website Media Contacts:Francesco Polsinelli, Tel: +39 335 1776091Fabio Lepore, Tel: +39 335 7469007E-mail: mediarelations@ Attachments 20250611_PR_Iveco_Group_ IVECO_50th_Anniversary IVECO GROUP N.V. 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Mid East Info
20-05-2025
- Automotive
- Mid East Info
FPT INDUSTRIAL TO SHOWCASE ITS LATEST INNOVATIONS FOR POWER GENERATION AT MIDDLE EAST ENERGY - Middle East Business News and Information
FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of powertrains and solutions for on- and off-road vehicles, as well as marine and power generation applications, headed to Dubai to exhibit at Middle East Energy, one of the most reputable and long-established events in the energy industry, held from April 7 to 9. The brand was present alongside its distributor network at Booth S2.C40, where it showcased a selection of its offerings for the power generation segment. Conscious of the responsibilities that come with being a leading manufacturer of engines, FPT Industrial continued to advance sustainability projects, a theme that became increasingly central to the brand's strategy and engine lineup. This strong and unwavering commitment was also reflected in the way the brand participated in trade shows around the world. As with all global events it attended in 2024, FPT Industrial proudly exhibited at Middle East Energy 2025 with a carbon-neutral booth. This ambitious practice encompassed every step of the booth's production and required a Life Cycle Assessment (LCA), a 'cradle-to-grave' approach that evaluated the cumulative potential environmental impacts of a product, process, or service. As a trusted engine manufacturer, FPT Industrial stood at the forefront of the power generation industry, with over 30,000 units sold globally each year. The brand offered an extensive engine portfolio ranging from 2.4 to 16 liters, all of which complied with global emission standards, from the strictest to those in unregulated markets, ensuring superior performance across various applications. Whether used for stationary backup or mobile prime power, these engines were engineered to meet a broad range of power generation requirements, delivering reliability and efficiency. A Look at the Power Generation Range : Guaranteed Reliability, Performance, and Efficiency The brand's power generation line-up saw a significant expansion over the past year, with the addition of two new engines to the dedicated range. The first was the R24, which was originally set to be announced during the previous edition of Middle East Energy, later canceled due to adverse weather conditions. The second, which took center stage at this year's event, was the R38. This engine was a new 3.8 l turbocharged engine developed as a cost-effective solution for unregulated applications, designed for both power generation and industrial power unit line-ups and covering 50-60 kVA and 55-65 kW outputs, respectively. The R38 featured G-Drive, the brand's quick-to-market solution with cooling pack and filters already installed. It was equipped with a robust, proven, and reliable mechanical injection system, while maintenance was facilitated and sped up thanks to the single-side servicing. For the power generation version, the R38 was switchable from 1,500 rpm to 1,800 rpm to minimize OEMs' stock requirements. The flexibility that defined the R38 made it ideally suited to a broad range of applications, from stationary backup to mobile prime power. R38 Power Generation – Technical Specifications Engine Displacement (liters): 3.8 Cylinder Arrangement: in-line 4 Standby Power (kVA): 59 – 70 Prime Power (kVA): 54 – 65 Emissions standard: UR Complete specifications were available on FPT Industrial's website. At the booth, visitors also had the opportunity to discover the MyFPT products and services portfolio by FPT Industrial Customer Service supporting power generation solutions, including genuine spare parts, the FPT co-branded range of fluids developed in collaboration with Petronas Lubricants International, and the Connected Solutions. Middle East Energy provided a new opportunity for attendees to discover FPT Industrial's extensive distributor network: companies from all over the world standing by the brand as well as its customers, meeting their every need from engine purchases to maintenance. From long-established distributors to the newest additions, each member of the network played a crucial role in keeping the brand's technological excellence and pure innovation at the service of customers.
Mid East Info
19-05-2025
- Automotive
- Mid East Info
BEHIND THE SCENES OF SUSTAINABILITY WITH FPT INDUSTRIAL: THE BRAND'S ENGINES TAKE THE LEAD WITH ASTRA IN THE COMPLEX CHALLENGE OF WIND TURBINE BLADE TRANSPORT
FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of powertrains and solutions for on- and off-road vehicles, as well as marine and power generation applications, is once again reaffirming its role as a key player in the long journey towards a more sustainable world. The Brand's CURSOR 13 engines, installed in ASTRA HD9 series vehicles operated by the drivers of Geo Trasporti, were among the key participants in the complex operations of transporting the twenty-seven wind turbine blades destined for the new 'Mondonuovo' wind farm in Mesagne (Brindisi), Italy, one of the most delicate phases of such a renewable energy project. The construction of infrastructure like a wind farm involves operations with a very high level of complexity: transporting blades up to 81 meters long on a special twelve-axle trailer, with a total combined weight of over 200 tons, is certainly one of them. The maneuvers, slow and at times required to be millimeter-perfect, take place along routes that may include curves, slowdowns, and slopes to reach the installation site, often far from the main highways. Egle Panzella, Brand Equity and Corporate Social Responsibility Manager at FPT Industrial, commented: 'The sustainability supply chain also includes everyday feats like this one, involving companies from various sectors, specialized professionals, and high-performance equipment. The CURSOR 13 has once again proven to be the ideal engine for vehicles designed to overcome the most complex on-road challenges, such as those required for infrastructure projects in the wind energy sector, which, due to the weight and size of the blades, demand exceptional performance'. In this operation, the 570 hp CURSOR 13 engines from FPT Industrial, powering the specialized ASTRA HD9 86.57 vehicles designed for heavy-duty work in the oil and mineral, quarrying, construction, and oversized loads transport sectors, played a key role, combining perfectly with the HD9's toughness and tailor-made features for this undertaking. A few months after the incredible performance on the scorching dunes of the Dakar 2025, these engines once again demonstrated maximum power, efficiency, reliability, and sustainability in the most challenging tasks. In addition to top-tier performance, transient response, and low fuel consumption, FPT Industrial's patented HI-eSCR technology without EGR ensures a low Total Cost of Ownership (TCO), thanks in part to the DPF with passive regeneration, and the longest oil change intervals in this category, up to 150,000 km. Furthermore, the DPF cleaning interval of up to 600,000 km, and reduced oil consumption provide significant advantages in terms of operational availability and cost reduction. CURSOR 13 for ASTRA HD9 86.57 – Technical Specifications No. of cylinders / valves: 6L / 4 Turbocharger: eVGT Displacement [liters]: 12.88 Maximum Rated Power [hp]: 570 Maximum Torque [Nm]: 2,500 Dry weight [kg]: 1,132 The strengths of the CURSOR 13 have been further enhanced in its natural evolution, the XCURSOR 13, FPT Industrial's first multi-fuel single-base engine, launched as part of the IVECO Model Year 2024 product line-up. With new air handling for downspeeding, improved combustion with increased Common Rail and peak cylinder pressures, smart oil and water pump, and new conrod pins and crankpin materials that reduce friction, along with an advanced valvetrain, and lighter cylinder block and cylinder head, the XCURSOR 13 has taken the legacy of the CURSOR series, launched back in 1998, to an even higher level. It features CO2 emissions reductions of 7% and 10% lighter weight compared to the previous version, with a maximum power output of 600 hp and a peak torque of 2,850 Nm.
Wall Street Journal
15-05-2025
- Automotive
- Wall Street Journal
Iveco to Continue Defense Spinoff Preparations While Considering Sale
Iveco IVG 0.09%increase; green up pointing triangle Group said it would continue to prepare for a spinoff of its defense unit while it explores interest in the business from potential buyers. The Italian truck maker said it recently received preliminary expressions of interest for its defense business from potential buyers and the company's board mandated management to explore them while continuing with work for a possible spinoff.
