Iveco, an acronym for Industrial Vehicles Corporation, is an Italian industrial vehicle manufacturing company based in Turin, Italy, and entirely controlled by CNH Industrial Group. It designs and builds light, medium and heavy commercial vehicles, quarry/construction site vehicles, city and intercity buses and special vehicles for applications such as firefighting, off-road missions, the military and civil defence.
Iveco was incorporated on 1 January 1975, with the merger of five different brands: Fiat Veicoli Industriali (with headquarters in Turin), OM (Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France) and Magirus-Deutz (Germany).
Following the merger, the newly founded Iveco began rationalizing its product range, manufacturing plants and sales network, while keeping the original brands. From 1975 to 1979, the Iveco range included 200 basic models and 600 versions spanning from 2.7 tons of GVW for a light vehicle to over 40 tons for heavy vehicles, as well as buses and engines. In 1977 the light to medium-weight Iveco Zeta range was introduced, replacing the twenty-year-old OM Lupetto. Integrating the Fiat-OM range with the Unic and Magirus lineups was completed by 1980. Iveco moved in to work on increasing productivity and engine development. In 1978 Iveco launched the first product in the range of Iveco-branded light vehicles, the Daily.
Iveco is the brand under which the light, medium and heavy vehicles are sold. The range of light vehicles is made up of the New Daily in its versions from 2.8 T to 7.0 T and with 4×4 drive. The range of medium vehicles includes the Eurocargo, available from 7 T to 19T and with 4×2 or 4×4 drive. Stralis and Trakker, from 19 T to 72 T, make up the heavy vehicle range in two, three, or four-axled versions with all-wheel drive or two-wheel drive.