e transaction, which values PlusAI at approximately USD 800 million pre-money equity value, the combined company will operate as PlusAI. PlusAI is currently operating autonomous freight routes in Texas with Ryder and International and is working with global truck OEMs, including TRATON, Hyundai and IVECO, to advance its commercial launch of factory-built autonomous trucks integrated with SuperDrive targeted for 2027.  PlusAI has generated USD 25...

News  Updated at: 2026/09/04

IVECO BUS announces USD 30 million investment in Latin America at Lat.Bus EXPO 2026 in Brazil On August 11, IVECO BUS announced an investment of approximately USD 30 million in Latin America through 2028 to expand its product portfolio, services, and aftersales operations, reinforcing its regional growth strategy. The company made the announcement at Lat.Bus 2026 in Brazil, where it introduced the new BUS 17-210 four-cylinder chassis, scheduled t...

News  Updated at: 2026/08/14

IVECO BUS appoints J&A as official importer and representative in El Salvador On August 6, IVECO BUS announced the appointment of J&A as its official importer and representative in El Salvador. The partnership was officially launched during an event attended by representatives of both companies and local customers. As part of the partnership, IVECO BUS will provide technical, commercial, and parts training through its IVECO Academy program to sup...

News  Updated at: 2026/08/07

invest around EUR 364 million in phases through 2030. Of this, EUR 122 million has already been spent on pre-feasibility activities. A further EUR 96 million investment under the Program is expected to be covered through government incentives. Additionally, engineering support is to be provided by Iveco S.p.A. ("Iveco") under the joint development agreement signed in March 2025. Based on Ford Otomotiv stock exchange filing...

News  Updated at: 2026/08/05

Iveco expects final approval for Tata Motors acquisition by end of August 2026 On July 30, Iveco Group announced that Tata Motors' tender offer to acquire the company is in the final stage of regulatory approval, with only one approval still pending. The company expects final clearance by the end of August 2026. As a result, the tender offer is expected to begin in early September 2026 and close by early November 2026. The company has increased i...

News  Updated at: 2026/07/31

Stellantis Hordain factory, France runs at nearly full capacity On July 26, multiple sources reported that Stellantis' Hordain plant, France is operating close to full capacity with three shifts, producing vans for several brands, including Iveco's electric light commercial vehicle, the eJolly. The factory currently has no spare capacity for possible production deals with Chinese automakers. The production runs almost 24 hours a day, including S...

News  Updated at: 2026/07/28

Hexagon Agility to supply CNG fuel systems to IVECO BUS from German plant On July 28, Hexagon Agility, a business of Hexagon Composites, signed an exclusive long-term agreement with IVECO BUS for the delivery of CNG fuel systems for transit buses globally. The three-year agreement covers the exclusive supply of Hexagon Agility’s fuel systems and Type 4 carbon fiber cylinders across IVECO’s CNG bus range. The fuel systems will be produced at H...

News  Updated at: 2026/07/28

Ghassan Aboud Automotive signs IVECO distribution agreement for Syrian market On July 9, Ghassan Aboud Automotive signed a distribution agreement with IVECO to strengthen the commercial vehicle brand's presence in the Syrian market. Through its subsidiary Grand Auto & Machinery Co. (GAMCO), the company will manage IVECO's sales, service, and aftersales operations as the brand's official distributor in Syria. GAMCO will offer IVECO's full range of...

News  Updated at: 2026/07/09

IVECO showcases Model Year 2026 truck and van range at IVECO Experience in Turin, Italy On July 3, Iveco Group unveiled its Model Year 26 truck and van range at IVECO Experience 2026, held from July 1–4, 2026 at Officine Grandi Riparazioni (OGR) in Turin, Italy. The event highlighted IVECO's future strategy built around three pillars i.e., Motion by Design, Motion through Experience, and Motion as Family. Visitors explored its vehicles, connect...

News  Updated at: 2026/07/06

IVECO introduces new models and bus configuration in Argentina On June 24, IVECO expanded its Daily light commercial vehicle lineup in Argentina with new Euro VI configurations and the introduction of the Daily 45-180 Hi-Matic. The updated Daily range adds new 9, 10.8, and 12-cubic-meter van configurations, while the new Daily 45-180 Hi-Matic features an eight-speed automatic transmission and a single rear-wheel axle designed to improve maneuvera...

News  Updated at: 2026/07/01

Iveco Bus signs major minibus and bus supply agreements in Central Asia and Turkiye at Busworld Turkiye 2026 On June 18, Iveco Bus announced plans to expand its business in Central Asia and Turkiye by forming new partnerships at Busworld Turkiye 2026 in Istanbul. The company has signed an agreement with Az-Tex Import to supply 600 Turbo DAILY 4x4 minibuses in Azerbaijan. The Turbo DAILY 4x4 minibuses will be assembled by Naveco. They use a 127 hp...

News  Updated at: 2026/06/22

Iveco launches real-world electric truck trials with Gruber Logistics, Italy under EMPOWER project On June 3, Iveco collaborated with Gruber Logistics, and AIT Austrian Institute of Technology for real-world trials of electric trucks under the EMPOWER project. The project aims to make zero-emission freight transport more practical and scalable in Europe. The testing will help improve electric trucks and support wider use in regional and long-haul...

News  Updated at: 2026/06/04

Tata Motors CV, India updates about investments, Indonesia order and Iveco deal In an investor update, Tata Motors' commercial vehicle business announced that it invested approximately INR 30 billion in FY 2026 (ending March), comprising INR 17 billion in R&D and INR 11 billion in capex and other investments. The FY 2027 investment is expected to remain broadly in a similar range. On the order and business front, the company's 70,000-unit Indones...

News  Updated at: 2026/05/28

Iveco Bus secures electric bus contracts for Limoges Metropole transport network, France On May 11, Iveco Bus announced that it has won two contracts for electric buses and charging systems for Limoges Metropole (TCL) network, France. The first contract, in partnership with Dalkia Electrotechnics, France, includes 18-metre BRT electric buses, and on-route charging infrastructure. The second contract covers 12-metre electric buses. IVECO BUS will ...

News  Updated at: 2026/05/13

IVECO delivers buses to police in Paraguay On April 22, IVECO BUS announced the delivery of BUS 17-280 chassis units to the Policía Nacional del Paraguay, supporting fleet renewal as part of a national security strengthening program. The vehicles will be used for the transport of personnel and have capacity for 44 passengers, improving operational logistics across different regions of the country. The operation also reinforces the brand’s posi...

News  Updated at: 2026/04/23

IVECO BUS delivers 53 CROSSWAY Hybrid buses to transport system in Spain On April 8, IVECO BUS announced the delivery of 53 CROSSWAY Hybrid vehicles to Interbus in Spain. Most of the units will operate under the Consorcio Regional de Transportes de Madrid, while the remaining vehicles will be deployed in Andalusia to strengthen regional routes. The delivery aims to improve operational efficiency and reduce the environmental impact of public trans...

News  Updated at: 2026/04/09

IVECO BUS delivers 20 buses to urban transport company in Brazil On March 30, IVECO BUS announced the delivery of a new fleet of buses to Viação Rosa for urban transport operations in Sinop, Mato Grosso state, Brazil. The order includes 20 units of the BUS 17-280, which will be deployed in local public transport routes. With this addition, the operator now has approximately 60 IVECO buses across its operations in multiple Brazilian states. The ...

News  Updated at: 2026/04/07

Iveco launches Stolen Vehicle Assistance with AI-powered tracking and recovery On March 11, Iveco introduced Stolen Vehicle Assistance, a new service built into the vehicle’s factory-installed connectivity and fully integrated with the IVECO ON ecosystem. It upgrades basic vehicle tracking into a more organized and coordinated vehicle recovery system. The service helps recover stolen vehicles quickly, reducing downtime and financial losses. It ...

News  Updated at: 2026/03/12

Iveco Group launches ‘Beyond Lab’ Open Innovation Platform with I3P, Italy On March 10, Iveco Group launched Beyond Lab, a new open innovation platform created with I3P – Innovative Companies Incubator of Politecnico di Torino, Italy. The platform connects startups, innovators, and partners with Iveco to develop new technologies and turn ideas into practical solutions for the transport industry. With Beyond Lab, Iveco is strengthening its o...

News  Updated at: 2026/03/11

Iveco to start Daily minibus production in Uzbekistan from May 2026 On March 10, Iveco Bus announced that it is expanding its presence in Uzbekistan through two new agreements. The company will start CKD production of the Daily minibus with Asaka Motors International LLC. Production is expected to begin in May 2026. The distribution of Iveco Bus vehicles across the country will be handled by Asaka EFVI Truck and Bus JV LLC. The partners plan to s...

News  Updated at: 2026/03/10