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.

The first four units were handed over to Asti Servizi Pubblici S.p.A. (ASP S.p.A.) in Asti, Italy.

Reduced volumes in the truck and powertrain sectors, reduce 2024 revenues but lower operating costs deliver improved margins.

The EM-H mechatronic regulator is designed to manage and calibrate hydrogen delivery pressure with high accuracy and efficiency for use in hydrogen-powered internal combustion engines (ICEs), particularly in commercial vehicles.

These buses, equipped with the 17-210 chassis and FPT N60 CNG engines, were produced at Iveco's plant in Córdoba, with bodies supplied by Italbus.

Siemens has agreed to install 73 charging points in Tuscany and equip over 120 logistics sites with charging infrastructure across Italy, following two deals announced earlier this month.

Claudio Passerini succeeds Domenico Nucera, who transitioned to the newly created role of Chief Quality & Operations Officer at Iveco Group.

In Q3 2024, Iveco announced that it had reached an agreement with German private equity firm, Mutares SE & Co. KGaA, to sell its firefighting vehicle manufacturing unit (Magirus GmbH) for an undisclosed fee. That sale has now gone through.

Thomas Hilse, President of the Firefighting Business Unit at the Iveco Group and CEO of Magirus has left the company with immediate effect.

This is the largest tender Iveco  Bus has won in the German market to date. Deliveries will start in 2025 and continue through to 2030.

The Hedin Mobility Group has purchased the dealership and retail services network in the Nordic countries in Sweden (Gothenburg, Helsingborg and Malmö), Norway (Bærum), Finland (Espoo) and Denmark (Odense).

The orders comprise 31, GX 337 H2 LINIUM BRT hydrogen fuel cell buses and 20, GX 437 ELEC LINIUM BRT battery electric buses.