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Iveco came out of a fusion with Italian and French brands
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'''IVECO''', an [[acronym]] for '''Industrial Vehicles Corporation''', is an Italian-French multinational transport vehicle manufacturing company. It designs and builds light, medium, and heavy [[commercial vehicle]]s. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands.<ref>Bonfiglioli Consulting: Il Lean Thinking dalla produzione alla progettazione. Pensare snello in ufficio tecnico per innovare la progettazione e diventare più competitivi. 5 casi italiani di successo, 2010: Milano – p. 103</ref> Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about {{euro}}10 billion.<ref>{{cite web|title=Fiat Industrial 2011 Annual Report|url=http://www.fiatindustrial.com/en-US/investor_relations/financial_reports/bilanci/FiatDocuments/FI_Relazione_finanziaria_annuale_2011_FINALE_NIS_ENG.pdf|page=19|publisher=Fiat Industrial}}</ref> The company was spun-off from [[CNH Industrial]] on 1 January 2022. It is subsidiary of Iveco Group N.V., a holding company incorporated in [[Amsterdam]], Netherlands, and is listed on [[Italian Bourse|Borsa Italiana]].
 
== History ==