As of 1 July, approximately 9,000 employees from research and development departments across the four brands were moved to the new groupwide team.

Speaking to Durgadutt Nedungadi, Sr. Vice President for EMEA & APAC at Netradyne, he said that the company serves commercial fleets across North America, Europe (including the UK and Germany), Mexico, Australia, New Zealand, India, and has announced planned expansion into Japan, Ireland, France, Spain and Italy by the end of 2026.

“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

The board emphasised that Kaushal’s appointment is not a reaction to any crisis, but a proactive step to align executive capabilities with long-term ambitions.