Iveco, not only the escort of military vehicles: for buses and vans the hypothesis of a Chinese buyer
The separation of Iveco Defgence Vehicles would simplify the structure of the group, which would become more slender and more easily sold: Chinese society interested in trucks and buses are not lacking
Iveco Defgence Vehicles (IDV) has a long tradition of excellence behind the development of armored platforms, which began in the 1930s. Today it is a division of the Iveco group, with the main headquarters in Bolzano. Here vehicles for defense and for civil protection are produced, vehicles that speak of war, returned-sadly-in vogue for the Russian-Ukrainian conflict that is devastating Europe. Means for which many manufacturers demonstrate a new interest.
The accounts
The sector, in 2024, recorded revenues for over 1.1 billion euros, a growth greater than 15% compared to 2023. Iveco Group has published 2024 revenues, certified at 15.28 billion euros with a net profit that touches 570 million, an increase of over 180 million euros with respect to the year of the previous year. Accounts that made hope for the future assembly of heavy emissions to heavy vehicles, would have been a real revolution in the world of transport.
The leading role in international defense
The link that Idv could make with the other giant of the aerospace and defense, the Italian Leonardo – controlled over 30% by the state of our country – It would allow the two companies to play a leading role in an international context certainly not favorable.
The feasibility of undertaking new alliances would give a development accelerated, completing industrial and technological skills. Leonardo has recently made a joint venture with the Turkish Baykar To design and build in Italy of pilotless aircraft systems (commonly identified as drones) and is active in seizing all the opportunities of Europe's rearmament.
The sale also of trucks and buses
A picture that started by Iveco on IDV sliding process by 2025, so much so that the American business bank Goldman Sachs already urged To slide the possible options, with a request that starts from one billion euros. Several German and French operators have shown their interest but Leonardo seems to be the favorite, thanks to his partnership with the German Rheinmetall which already provides armed and armored tanks to the Italian army and could share the financial effort. The separation of Iveco Defgence Vehicles would simplify the structure of the group, which would thus become more slender and more easily sold.
Because this is: Iveco herself could go to foreign hands. And it would not be a surprise, given that for some years we have been talking about the interest of Chinese companies that would like to bring the trucks and the Iveco bus under the great wall.
The opportunity
Someone sees this scenario as an opportunity, because it would bring with them the investment of concrete resources on the group, unlike what happened in recent years. There was also talk of the participation of India, with which Iveco had already activated the production line of the F28 engine in the industrial complex of Noida, interested in agricultural vehicles but, also in this case, for now, there is no certainty.
