Spain / Italy — Commercial vehicle manufacturer Iveco Group, based in Turin, has renewed its longstanding financing partnership with Santander Consumer Bank in Spain. The partnership focuses on retail financing solutions for commercial and industrial vehicles, conducted through their joint venture, Transolver Finance Establecimiento Financiero de Crédito S.A. (Transolver Finance), in which Iveco Group holds a 49% stake. This renewal highlights the importance of the Spanish CV market to Iveco and aims to strengthen its position by driving the growth of commercial and industrial vehicle sales.

Simone Olivati, President of Financial Services at Iveco Group: "We are delighted to extend our long collaboration with Santander Consumer Bank. This renewal means continuing the commitment, professionalism, and dedication to offering innovative, flexible financial solutions tailored to the needs of our common customers. This mutual commitment will continue to drive sustainable growth and success throughout the Spanish market. And as a sign of the long journey together, we are pleased to step into our 40^th year of partnership with Santander Consumer Bank."