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Iveco Group announces an agreement with Mutares to transfer the ownership of MAGIR

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Mercredi, mars 13, 2024

Magirus, EXM, ASTRA, Iveco, Agriculture, IDV, FPT Industrial, IVG, IVECO, Mutares, Firefighter, HQ

Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).

Key Points:

Iveco Group (EXM: IVG) and Mutares SE & Co. KGaA (ISIN: DE000A2NB650), an investment holding focused on special situations transactions, announced today the signing of a definitive agreement for the transfer of ownership of Magirus GmbH and its affiliates performing firefighting business (“MAGIRUS”).
In 2023, MAGIRUS represented approximately 2% of Iveco Group revenues and recorded an Adjusted EBIT loss of €35 million.
As a result of this transaction, Iveco Group 2024 results will be negatively impacted by approximately €115 million in the first quarter of 2024.
Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

Iveco Group announces its Capital Markets Day to be held 14th March 202

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Mardi, mars 12, 2024

EXM, EST, ASTRA, Q&A, Iveco, Agriculture, IDV, FPT Industrial, IVG, IVECO, GMT

Iveco Group N.V. (EXM: IVG) announced today that there will be an Iveco Group Capital Markets Day on Thursday, 14th March 2024.

Key Points:

Iveco Group N.V. (EXM: IVG) announced today that there will be an Iveco Group Capital Markets Day on Thursday, 14th March 2024.
A live streaming of the Iveco Group Capital Markets Day will begin at 1:30 p.m. CET / 12:30 p.m. GMT / 8:30 a.m. EST on Thursday, 14th March 2024.
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society.
Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

Plus Appoints Former ZF/WABCO President of the Americas Jon Morrison as Chief Revenue Officer to Drive Global Business Expansion

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Mercredi, mars 20, 2024

Plus, a global leader in autonomous driving software solutions that span from next-generation safety to highly automated and self-driving systems, announced today the appointment of Jon Morrison as inaugural Chief Revenue Officer.

Key Points:

Plus, a global leader in autonomous driving software solutions that span from next-generation safety to highly automated and self-driving systems, announced today the appointment of Jon Morrison as inaugural Chief Revenue Officer.
View the full release here: https://www.businesswire.com/news/home/20240320854643/en/
Plus Appoints Former ZF/WABCO President of the Americas Jon Morrison as Chief Revenue Officer to Drive Global Business Expansion (Photo: Business Wire)
“Jon’s distinguished career in the automotive industry and proven track record of success in driving business growth with industry-leading products and new market expansion across both passenger cars and commercial vehicles is incomparable.
I am delighted to welcome Jon to our executive team and to leverage his expertise to create sustained growth for our business,” said David Liu, CEO and Co-Founder at Plus.
Morrison also previously served as president for North America for American Axle & Manufacturing, where he led a multi-billion dollar revenue business focused on the passenger car and light vehicle market.

project44 Named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms for Fourth Consecutive Year

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Lundi, avril 1, 2024

Completeness, Customer, Growth, Final good, Face, Partnership, Trust, Research, Canadian Tire, OTR, Use case, Human voice, Publication, IVECO, Magic Quadrant, Retail

CHICAGO, April 1, 2024 /PRNewswire/ -- Today, project44, the leading High-Velocity Supply Chain Platform, announced it was named a Leader in the Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP) for the fourth year in a row. Of the seven companies evaluated, project44 was also positioned as highest on the "Ability to Execute" and furthest right on the "Completeness of Vision" axes for the second consecutive year.

Key Points:

CHICAGO, April 1, 2024 /PRNewswire/ -- Today, project44 , the leading High-Velocity Supply Chain Platform, announced it was named a Leader in the Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP) for the fourth year in a row.
project44 was the highest scoring vendor for all five of these Use Cases.
"Whether a customer needs visibility into a single mode in a single region, global multimodal visibility or extended capabilities such as facilities and yard management, project44 is the clear choice."
In 2023, project44 was also named a Customers' Choice in the 2023 Gartner Peer Insights "Voice of the Customer" report .

Iveco Group publishes its 2023 Annual Report and calls the Annual General Meeting

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Mardi, mars 5, 2024

IDV, Iveco, ASTRA, The Annual Report, Annual report, IVECO, EXM, AGM, Executive, Policy, IVG, FPT Industrial, Agriculture, Annual

Iveco Group’s Annual Report for the year ended 31st December 2023 will be on the agenda of the Annual General Meeting of its Shareholders (AGM), that will be held in Amsterdam on 17th April 2024 at 12:00 p.m. (noontime) CEST.

Key Points:

Iveco Group’s Annual Report for the year ended 31st December 2023 will be on the agenda of the Annual General Meeting of its Shareholders (AGM), that will be held in Amsterdam on 17th April 2024 at 12:00 p.m. (noontime) CEST.
Subject to Shareholders’ approval Iveco Group common shares will be quoted ex-dividend on 22nd April 2024.
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society.
Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

IVECO to supply 178 sustainable trucks to DHL in Germany

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Jeudi, février 29, 2024

IDV, ASTRA, IVECO, Post, Carbon, Compressed natural gas, DHL, Iveco, EXM, CNG, CO2, IVG, Natural gas, FPT Industrial, Agriculture, Manure, Propane

IVECO, the brand of Iveco Group (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, has received an order for the supply of 178 S-Way CNG (Compressed Natural Gas) trucks to the Post & Parcel Germany division of DHL.

Key Points:

IVECO, the brand of Iveco Group (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, has received an order for the supply of 178 S-Way CNG (Compressed Natural Gas) trucks to the Post & Parcel Germany division of DHL.
The order will expand DHL's sustainable fleet, furthering their commitment to reducing their carbon footprint and contributing to the decarbonisation of road transport.
The new trucks will be primarily used for inter-hub transport at DHL parcel centres, customer pick-ups, and urban deliveries to post offices.
The IVECO S-Way CNG trucks are equipped with Cursor engines from FPT Industrial – the Iveco Group brand specialised in low-environmental impact powertrains – that can be powered by bio-CNG.

Iveco Group N.V. updates its 2024 Corporate Calendar

Retrieved on:

Vendredi, février 23, 2024

IDV, IVECO, IVG, ASTRA, EXM, FPT Industrial, Iveco, Agriculture

The 2024 corporate calendar is available on the corporate website: www.ivecogroup.com .

Key Points:

The 2024 corporate calendar is available on the corporate website: www.ivecogroup.com .
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society.
Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.
Further information is available on the Company’s website www.ivecogroup.com

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

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Mardi, mars 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points:

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Mardi, mars 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points:

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

HEULIEZ secures contract to supply 200 e-buses to Marseille

Retrieved on:

Mercredi, février 14, 2024

IDV, ASTRA, ELEC, RTM, IVECO, GX, Iveco, EXM, IVG, FPT Industrial, Agriculture, Transport

HEULIEZ, the urban bus brand of Iveco Group (EXM: IVG), has been selected by Régie des Transports Métropolitains (RTM, the public transport operator of Marseille) to supply 200 electric buses, with a contract worth 125 million euros.

Key Points:

HEULIEZ, the urban bus brand of Iveco Group (EXM: IVG), has been selected by Régie des Transports Métropolitains (RTM, the public transport operator of Marseille) to supply 200 electric buses, with a contract worth 125 million euros.
This significant order marks a major step forward in the large-scale electrification of Marseille's public transport network.
It will lead to over a third of the RTM fleet becoming 100% electric by 2027, contributing substantially to the city's energy transition goals.
Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.