Does Exor own IVECO?
The sale of the Iveco group (2025) On July 30, 2025, Exor sold the entire Iveco group: Tata Motors agreed to acquire Iveco for €3. Exor, while Leonardo agreed to acquire Iveco Defence Vehicles for €1. Tata Motors purchased Jaguar Cars and Land Rover in 2008 and joined the Jaguar Land Rover Limited in 2013. Tata Motors also owns other automotive operations worldwide in both the commercial and passenger vehicle segment.India’s Tata Motors is taking over the Italian- headquartered Iveco Group for a reported €3. NZ$ 7. FPT Industrial (Fiat Power Trains), which builds engines, powertrains and front axles for tractors and other agricultural and construction machines.Here are a few things to know about the Tata Motors story: Jaguar Cars and Land Rover were both purchased in 2008 by Tata Motors and fully joined into Jaguar Land Rover Limited in 2013. Tata Motors owns several other automotive operations worldwide in the commercial vehicle segment and the passenger vehicle segment.Fiat-Tata is an India-based joint venture between Tata and Stellantis’ Fiat which produces Jeep and Tata branded passenger cars, as well as engines and transmissions. Tata Motors has gained access to Fiat’s diesel engine and transmission technology through the joint venture.
Who is IVECO owned by?
JLR owner Tata Motors will acquire Italian truck manufacturer Iveco Group in a £3. Prior to the agreement, Iveco Group sold its defence division to Italian defence group Leonardo for £1. It is a subsidiary of Iveco Group N. V. Amsterdam, Netherlands, and is listed on Borsa Italiana. On 30 July 2025, Iveco announced the sale of its commercial vehicle business to Tata Motors and its defence business to Leonardo.In 2004, the Iveco Motors brand was introduced, which became an umbrella for the production of engines; the following year, it was incorporated into the newly founded Fiat Powertrain Technologies.History of IVECO, the manufacturer of trucks made in Italy since 1975. Not everyone knows that, in reality, IVECO is an acronym. The company’s full name actually stands for Industrial Vehicles Corporation. A company, in short, dedicated to the production of industrial vehicles.
Is Iveco owned by FIAT?
IVECO was established as the result of the merger of five truck brands within the Fiat Group: Fiat, OM and Lancia of Italy, Unic of France and Magirus Deutz of Germany. Tata Motors has agreed to buy Iveco in a deal valued at 3. Italian state-backed defense group Leonardo (LDOF.
Is Ferrari owned by Exor?
Ferrari was and continues to be owned by Piero Ferrari (son of Enzo). Currently, Ferrari is primarily owned by the public: 67. Public. Exor N. V. Owners of FCA) Ferrari N. V. Netherlands holding company that owns luxury car manufacturer Ferrari SpA. On 4 January 2016, Ferrari shares began trading on Borsa Italiana, and Exor acquired a 23.