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Iveco S. p. A.
TypeSubsidiary of Fiat Group
Founded1975 in Turin
HeadquartersTurin, Italy
Key peoplePaolo Monferino CEO
IndustryManufacturing
ProductsCommercial vehicles, Diesel engines
Revenue▲ € 11,196 million (2007)[1]
Employees26,461 (2007)[1]
Websitewww.iveco.com

Iveco is an Italian truck, bus, and diesel engine manufacturer, based in Turin, Italy. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Fiat SpA (an Acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin) is an Italian automobile manufacturer Year 1975 ( MCMLXXV) was a Common year starting on Wednesday (link will display full calendar of the Gregorian calendar. Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Manufacturing (from Latin manu factura, "making by hand" is the use of tools and labor to make things for use or sale In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A commercial vehicle is a type of Vehicle that is used for carrying goods or passengers Diesel or Diesel fuel (ˈdiːzəl in general is any Fuel used in Diesel engines The most common is a specific fractional distillate of petroleum In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Please update other articles as well to avoid contradiction within Wikipedia e The word million In standard English, the -lli- in million is pronounced with an l-sound followed by a Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Employment is a Contract between two parties, one being the employer and the other being the employee. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest This article is about the semi-truck For the North American use of the word see Pickup truck. A diesel engine is an Internal combustion engine which operates using the Diesel cycle (named after Dr Manufacturing (from Latin manu factura, "making by hand" is the use of tools and labor to make things for use or sale Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest It is a subsidiary of the Fiat Group, and produces around 200,000 commercial vehicles and 460,000 diesel engines annually, and for the year ended 2007 the company had €11,196 million in sales (revenues). A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity Fiat SpA (an Acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin) is an Italian automobile manufacturer Please update other articles as well to avoid contradiction within Wikipedia e The word million In standard English, the -lli- in million is pronounced with an l-sound followed by a In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services

The name is an acronym for Industrial Vehicle Corporation, an alliance among European commercial vehicle manufacturers such as Fiat (including OM and Lancia Veicoli Speciali), Unic and Magirus. Acronyms, initialisms, and alphabetisms are Abbreviations that are formed using the initial components in a phrase or name Fiat SpA (an Acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin) is an Italian automobile manufacturer Officine Meccaniche (OM was an Italian car and truck manufacturing company founded in 1899 in Milan as Societa Anonima Officine Meccaniche Lancia Automobiles SpA is an Italian Automobile manufacturer founded in 1906 by Vincenzo Lancia and which became part of the Fiat Group in Unic was a French car manufacturer firm founded by Georges Richard in 1906 after having left Richard-Brasier. Magirus Feuerwehrwerke Ulm was a German manufacturer founded by Conrad Dietrich Magirus (1824-1895 born in Ulm)

Today the company is a significant player in the medium-duty commercial vehicle and engine markets, and is near the top for sales of passenger transport and 3. Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer Vehicles, derived from the Latin word vehiculum, are non-living Means of transport. An engine is a mechanical device that produces some form of output from a given input 5 ton light vehicles. Units of mass There are three similar units of Mass called the ton: Long ton (simply ton in countries such as the United

Iveco became the All Blacks' global sponsor in January 2007

Contents

History

The company is dominated by Fiat Group, and was created on 1st January 1975 by Fiat manager and mechanical engineer Bruno Beccaria (1915-2001) through the merger of five companies operating in Italy, France and Germany; Fiat Veicoli Industriali (located in Turin), OM (Brescia), Lancia Veicoli Speciali (Bolzano), Unic (Trappes) and Magirus (Ulm). The All Blacks are New Zealand's national team in Rugby union, the country's National sport. This article is about the country For a topic outline on this subject see List of basic France topics. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Brescia ( Lombard: Brèsa) is a city in the region of Lombardy in northern Italy. For the mathematician see Bernard Bolzano; for other uses see Bolzano (disambiguation. Trappes is a commune in the western suburbs of Paris, France. Ulm (ˈʊlm is a City in the German Bundesland of Baden-Württemberg, situated on the River Danube.

In 1990, IVECO acquired 60% of ENASA, a leading truck manufacturer and makers of Pegaso brand of commercial vehicles in Spain. Pegaso (pe'ɰaso Spanish for " Pegasus " was a Spanish brand of Trucks Buses Tractors and Armored vehicles This marked a very important step in the history of IVECO since it became a local brand in all the leading European markets. With this acquisition, IVECO expanded its manufacturing locations to Barcelona, Valladolid and Madrid in Spain. Numerous important steps have marked its evolution since then.

In its early years, the company focused on rationalizing, integrating and optimizing the various manufacturing and commercial structures that had been independent until then, and the first centralized functional structure emerged. From a marketing viewpoint, these years saw the launch of the Daily (1978), the Turbo (1981) and the Turbostar (1984), three vehicles that symbolized Iveco's entrepreneurial success in Europe.

Iveco had to overcome a crisis in the early 1990s, a new period of change began, fuelled by increasingly fierce competition. In order to respond more effectively to the growing specialization of the market, Iveco broke its structure down into specialist corporate units that addressed specific customers divided by product type. In those years, the company continued to boost its strategic presence in the world. In 1992 Iveco purchased the Ital company, International Trucks Australia Limited, which still plays a very important role in the Pacific Rim. The Pacific Rim refers to the countries and cities located around the edge of the Pacific Ocean. And Iveco Mercosul was created in Brazil in 1997, an essential base for manufacturing and distribution operations all over South America. |utc_offset = -2 to -4 |time_zone_DST = BRST |utc_offset_DST = -2 to -5 |cctld South America is a Continent of the Americas, situated entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a

In 1995 the EuroClass luxury coach was voted International Coach of the Year, and in 1999 Iveco and Renault decided to combine their efforts in the public transport field by merging their respective bus operations. In British English and Australian English, the term coach is used to refer to a large motor vehicle for conveying passengers This is about the company for other uses see Renault (disambiguation. This merger included companies such as Heuliez and Karosa, and the result was Irisbus, one of the major manufacturers in the passenger transport sector, which was further strengthened by the acquisition of the Hungarian company Ikarusbus. Irisbus is a European bus manufacturer which was formed through the merger of bus and coach divisions of Fiat, Iveco and Renault in January Hungary (Magyarország 'mɔɟɔrorsaːg) officially in English the Republic of Hungary ( Magyar Köztársaság, literally Magyar (Hungarian Republic Ikarus is a bus manufacturer based in Budapest, Hungary. It was established in 1895 as Uhri Imre Kovács- és Kocsigyártó Üzeme (roughly Imre Uhri's

Constantly growing attention was paid in those years to the integration of products and services, both to respond comprehensively to customers' requirements and to combat the extremely cyclic nature of the automotive market. This strategy led to the creation of Transolver in 1997, which took Iveco into the world of financial services.

On the commercial front, in 1998 the EuroCargo, which was sold in over ninety countries and led the market in Italy, the United Kingdom, Spain, Bulgaria and Slovenia, was voted the "Best Imported Truck" in Germany. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located Spain () or the Kingdom of Spain (Reino de España is a country located mostly in southwestern Europe on the Iberian Peninsula. The state of Bulgaria (България transliterated bg-Latn ''Balgaria'' The country preserves the traditions (in ethnic name language and alphabet of the First Bulgarian Slovenia, officially the Republic of Slovenia (Republika Slovenija) is a Country in southern Central Europe bordering Italy to the west Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. In 2000 it was the light segment that won awards, when the Daily was voted "International Van of the Year", and the one-millionth vehicle left the assembly line. In 2006 it was produced the Ducato and the Scudo. In 2007 it produced the Fiorino. Today Iveco has 49 factories, 15 research and development facilities, 840 dealers, 31,000 employees, and is in 19 countries. A factory (previously manufactory) or manufacturing plant is an industrial Building where workers manufacture goods 40% of the engines Iveco manufactures go to Iveco vehicles, 60% are sold as OEM units for automotive, industrial, agricultural, marine, and power generation applications. An original equipment manufacturer, or OEM is typically a company that uses a component made by a second company in its own product or sells the product of the second company It is a major European producer of fire-fighting vehicles.

In 2007, Iveco announced plans to reenter the United States truck market. The United States of America —commonly referred to as the [2]

Iveco Powertrain and hybrid vehicles

Iveco produces engines in three plants: SOFIM Foggia, Italy (8140-series), IVECO SpA Turin, Italy (8000 and NEF-series) and Bourbon-Lancy, France (Cursor-series). Foggia is a city of Puglia, Italy, capital of the Province of Foggia. Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest Italy (Italia officially the Italian Republic, (Repubblica Italiana is located on the Italian Peninsula in Southern Europe, and on the two largest Bourbon-Lancy is a commune of the Saône-et-Loire département, in France. This article is about the country For a topic outline on this subject see List of basic France topics. Sofim company was bought by Iveco in 1981.

Iveco is making hybrid electric vehicles. A hybrid electric vehicle (HEV is a Hybrid vehicle which combines a conventional propulsion system with a Rechargeable energy storage system (RESS [3]

Brands

Iveco also produces many types of vehicle specific to certain countries. These include the PowerStar and Acco brands listed above, which are continued from original models produced by International Trucks Australia Limited. International is proudly manufactured and distributed by Iveco Trucks Australia Limited.

Iveco vehicles

Daily van (MY98) in Romania

Iveco Daily S2000 minibus

Iveco Daily S2000 Chassis-cab

Iveco Eurocargo (2003 Restyle)

Iveco Trakker

Iveco Stralis

Iveco Stralis racing truck

Iveco EuroStar

Iveco TurboCity-U 480 bus in Bucharest, Romania (operated by RATB)

Norwegian Iveco Light Multirole Vehicle

Iveco Magirus Super Dragon X8

Notes

  1. ^ a b Annual Report 2007. Bucharest ( Romanian: Bucureşti) is the Capital city, industrial and commercial centre of Romania. Romania ( dated: Rumania, Roumania This article is about the Romanian public transport operator For the British-based Cuba solidarity organisation see Rock Around the Blockade Regia Autonomă de Transport fiatgroup. com. Retrieved on 2008-04-08. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 217 - Roman Emperor Caracalla is Assassinated (and succeeded by his Praetorian
  2. ^ Fiat bringing Iveco trucks stateside early 2008. autoblog. com. Retrieved on 2007-11-24. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 380 - Theodosius I makes his adventus, or formal
  3. ^ Hybrid use up in Europe. lexisnexis. com. Retrieved on 2008-03-25. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1199 - Richard I is wounded by a crossbow bolt while fighting France which leads to his death on April 6.

External links

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