A lineup of Iveco trucks in Australia.

Iveco, which stands for Industrial Vehicles Corporation, has a long history in the commercial vehicle sector. It started in 1975 when Fiat, Italy’s leading automotive manufacturer, merged its commercial vehicle operations with those of several other European companies to form Iveco. The aim was to create a powerhouse in the commercial vehicle industry, capable of competing on a global scale.

Iveco’s formation was a response to the increasing demand for efficient and reliable commercial vehicles across Europe. By bringing the resources and expertise of multiple companies, Iveco could leverage economies of scale and technological advancements to develop innovative truck designs.

Over the years, Iveco has continued to evolve, expanding its product range and geographic reach. The company has produced a wide variety of trucks for various purposes, including interstate transport, construction and local courier services.

In addition to its presence in Europe, Iveco has established operations in other parts of the world, including South America, Africa, Asia, and of course, Australia.

Who Owns Iveco Trucks?

Iveco, the commercial vehicle manufacturer, has an interesting ownership history. Prior to its separation from CNH Industrial, Iveco was part of the larger CNH Industrial Group, which encompassed various brands in the agricultural and construction equipment sector. This separation occurred in January 2022 as part of a strategic decision to restructure and streamline operations.

CNH Industrial itself was a global leader in the capital goods sector, which was merged with FIAT Industrial in 2013. This merge brought together brands like Case IH, New Holland Agriculture and of course Iveco, under one corporate umbrella.

However, in January 2022, CNH Industrial announced plans to spin off its ‘On-Highway’ business, which primarily included the Iveco brand, into a separate entity. This move was aimed at creating two distinct companies focusing on different sectors; one concentrating on agriculture and construction equipment (the remaining CNH Industrial entity), and the other specialising in commercial vehicles and related services (the new Iveco Group).

This strategic decision to separate Iveco from CNH Industrial allowed both entities to increase their focus on their respective markets and pursue opportunities for growth independently. For Iveco, this meant a renewed focus on meeting the evolving needs of the commercial vehicle industry without being tied to the broader capital goods corporation.

Where Are Iveco Trucks Manufactured?

Iveco Trucks are manufactured in various locations around the world. Today, IVECO has 23 manufacturing plants located throughout Europe, Australia, China, India, Russia, Turkey, Argentina, Brazil and Africa.

Iveco Truck Models

Iveco sells a wide range of truck models. Two popular ones are the Iveco S-Way and the Eurocargo 4×4.

Iveco S-Way

The Iveco S-Way offers advanced technology and driver-centric features suitable for modern transportation operations. Here’s a summary of its key aspects:

    • Fuel efficiency – The S-Way boasts sleek exterior design aimed at reducing drag and enhancing fuel efficiency. It incorporates emission-cutting technology like anti-idling functions and ECO-SWITCH for optimising fuel usage.
    • Comfort – The S-Way features quiet, comfortable interiors with leather and fabric seating options. It includes advanced Infotainment systems, steering wheel options and ergonomic cab design for a pleasant driving experience.
    • Safety features – This Iveco truck is equipped with an extensive range of standard safety features, including Advanced Emergency Braking System, Adaptive Cruise Control and Driver Attention Support.
    • Powerful engine – The S-Way offers three powerful and fuel-efficient engines meeting strict emission requirements, ensuring optimal performance. It can transport anything from new furniture to dangerous goods freight with ease.
    • Prime mover options – Available in 4×2 and 6×4 configurations with three cab options and various wheelbase options, the S-Way provides flexibility to suit different transportation needs.

Eurocargo 4×4

When in need of a medium duty truck that excels in off-road performance, the Eurocargo 4×4 stands out.

Widely favoured for emergency services in Europe and increasingly in Australia, this vehicle proves its capability in tackling demanding tasks across rugged terrain, despite its size and 15-tonne load capacity. Equipped with full-time 4×4 capability, including front, centre and rear differential locks, along with a double reduction axle, the Eurocargo 4×4 ensures stability and traction in challenging conditions. Its high tensile steel chassis, paired with multi-leaf springs and dual acting shock absorbers, enables maximum articulation over uneven surfaces.

Inside, the Eurocargo 4×4 boasts a comfortable and ergonomically designed cabin, ideal for extended periods off-road. With applications ranging from firefighting to off-road maintenance and EWP tasks, the Eurocargo 4×4 proves to be a versatile medium duty truck.

Key features of the Eurocargo 4×4 include:

    • 9-litre, 6-cylinder Tector turbo diesel SCR engine delivering 208kW and 950Nm from 1200 rpm
    • 6-speed synchromesh manual transmission
    • Standard front, center and rear differential locks
    • 15-tonne GVM
    • Air suspended driver’s seat, with optional air suspension for the front passenger
    • Single or dual rear wheel options
    • Up to 80,000 km oil service intervals.

Iveco Truck Price

For a brand new 2024 Iveco S-Way truck, you can expect to pay between $250,000 to $300,000. However, for a 2024 Iveco T-Way (which is a truck engineered for the extreme), prices can range from $300,000 to $330,000. This high price range is similar to some of the Australian Volvo trucks.

To learn more about Iveco trucks in Australia, please visit their website.