Iveco is now a company of the Indian Tata Motors group
- The Iveco brand was part of the Fiat Group until 2011 as a subsidiary of Fiat Industrial. In 2013, Fiat Industrial merged with CNH Global to form the CNH Industrial Group . In 2022, Iveco became a standalone group under the name Iveco Group. In 2025, Iveco Group, which still produces heavy utility vehicles, buses and Daily vans over 2 tonnes, has been sharing some light utility vehicles in the N1-2 and N1-3 segments with Stellantis since this year.
- Last month it was annouced that Iveco brand (excluding Defense activity) will come under the control of the Indian Tata Motors (owner of the Jaguar and Land Rover brands) which is already a major producer of heavy utility vehicles in India (under the Tata brand) more than 300,000 units per year. For its part, Iveco produced 120,000 vehicles last year, including around 60,000 Daily and 60,000 heavy utility vehicles and buses.
- The truck sector is in full consolidation following the separation of Daimler 's truck division from Mercedes, the merger of Scania and MAN into the Traton entity (under Volkswagen control) as well as the recent merger of Fuso and Hino.
- Tata Motors' goal is to create – after this acquisition – a global leader in utility vehicles of the same size as the Daimler Trucks, Volvo Trucks or Traton groups.
- The group created by Tata Motors could indeed sell more than 450,000 vehicles per year worldwide, with a strong base in India thanks to the Tata brand and a European base thanks to the Iveco brand. The Agnelli family, owner of part of Stellantis and all of Ferrari, sold the Iveco brand for €3.8 billion (+€1.7 billion for the Defense part sold to the Italian company Leonardo).