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Iveco looking to buy?

A report on Reuters is suggesting Iveco may be looking to buy or merge with a partner, presumably another truck manufacturer.   Iveco have been left behind in recent years with the emergence of global truck manufacturing groups like Daimler, Volvo, Paccar and Volkswagen/MAN/Scania.  

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~ Tata/Iveco talks to resume

Iveco’s CEO, Paolo Monferino, speaking to Italy’s Il Giornale newspaper has unveiled the resumption of talks between the Italian truck maker and the Indian truck manufacturer Tata. This could lead, long term, to a new range on sale in Australia under the Iveco brand.

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