Iveco

Iveco Group N.V.
Company typePublic
BITIVG
FTSE MIB
IndustryAutomotive
Founded1 January 1975 (1975-01-01)
Headquarters,
Italy
Area served
Worldwide
Key people
Olof Persson (CEO)
Products
Revenue 12,600,000,000 (2021)
OwnerTata Motors
Number of employees
Approximately 34,000 (2021)
Subsidiaries
Transportation

Industrial

Defense & Specialty

Websiteiveco.com

Iveco S.p.A., an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company with headquarters in Turin, Italy. It designs and builds light, medium, and heavy commercial vehicles. The Iveco name first appeared in 1975 after a merger of Italian, French, and German brands.

Its production plants are in Europe, China, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about 10 billion.

The company was spun off from CNH Industrial on 1 January 2022. It is a subsidiary of Iveco Group N.V., a holding company incorporated in Amsterdam, Netherlands, and is listed on Borsa Italiana.

On 30 July 2025, Iveco announced the sale of its commercial vehicle business to Indian company Tata Motors and its defence business to Leonardo.