
IVECO

IVECO
Iveco is a brand under Kess New Holland Industrial Group. As a global advanced commercial vehicle manufacturer, Iveco products cover all light, medium and heavy vehicles, and are also the leader in clean energy commercial vehicles in Europe.
As a foreign commercial vehicle brand that has entered China since the reform and opening up, Iveco has witnessed and experienced China's rapid development. While committed to localizing the product, it also provides new European commercial vehicle products to Chinese users, and continues to use the Excellent technology serves all walks of life and industry of national economy and people's livelihood.
The Chinese market has always been one of Iveco's important strategic markets. Iveco actively implements the localization strategy and produces a full range of commercial vehicles through a joint venture established with SAIC. Among them, Nanjing Iveco's two factories in Nanjing manufacture light commercial vehicles and light passenger cars, while SAIC Iveco Red Rock in Chongqing produces Heavy truck.
In the future, Iveco will continue to work with the joint venture company to strengthen the influence of the Iveco brand in various market segments with the help of market upgrading and transformation, deeply understand consumer demand, enhance brand, and draw a beautiful blueprint together.
Iveco's history in China
Iveco is an international commercial vehicle manufacturer that entered China earlier.
It entered the Chinese market in 1985 and signed a technology transfer agreement with Nanqi (Nanjing Automobile Group Co., Ltd.) to produce light commercial vehicles.
In 1991, TurboDaily's production line was completed, and Iveco began its ambitious investment plan in China's automobile industry.
In 1996, Iveco and nanyi established the Nanjing Iveco joint venture, which spreads Iveco's brand to China with the development and expansion of its business.
In December 2005, SAIC, Iveco and Chongqing Shendui jointly signed a cooperation framework agreement.
In September 2006, SAIC and Iveco jointly established the equally controlled SAIC Iveco Commercial Vehicle Investment Co., Ltd.; in the same month, under the joint witness of the Chinese and Italian governments, SAIC, Iveco and Chongqing Mechanical and Electrical signed a cooperation in the Great Hall of the People. Contract and agreement.
In June 2007, SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. and SAIC Fiat Hongyan Powertrain Co., Ltd. were officially established. In December of the same year, with the official signing of the Shanghai-South Cooperation Agreement, Nanjing Iveco Automobile Co., Ltd. became another joint point for the two parties to carry out cooperation in the field of light commercial vehicles in the domestic field.
In September 2012, Iveco (China) Commercial Vehicle Sales Co., Ltd. was officially established, marking another milestone in Iveco's business expansion in China.
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