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IVECO, which stands for Industrial Vehicles Corporation, is an Italian-French international transportation vehicle manufacturer specialising in light, medium, and heavy commercial vehicles.
Iveco Group’s Truck Division demonstrated resilience in Q3 2024, reporting net revenues of €2,253 million, down from €2,550 million in Q3 2023, while maintaining an Adjusted EBIT margin of 5.4% compared to last year’s 6.9% through strategic pricing initiatives and diligent cost management. The European truck market presented a mixed ...
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