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Ford Trucks and IVECO Collaborate on New Heavy Truck Cab Development

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Ford Trucks and IVECO Collaborate on New Heavy Truck Cab Development

An announcement from Iveco Group NV ( (IT:IVG) ) is now available.

Ford Trucks and IVECO have signed a joint development agreement to design a new cab for heavy trucks, enhancing competitiveness by complying with the EU Direct Vision Standard and improving aerodynamics for CO2 reduction. This collaboration will result in a high-end modular cab with cutting-edge technology, setting new benchmarks in safety, efficiency, and driver comfort, while achieving significant investment savings.

More about Iveco Group NV

Iveco Group N.V. is a company that designs, manufactures, and markets light, medium, and heavy commercial vehicles. Ford Trucks, a brand of Ford Otosan, specializes in heavy commercial vehicles such as tractors and construction trucks, with a strong presence in Europe, the Middle East, Africa, and Eurasia.

YTD Price Performance: 60.97%

Average Trading Volume: 3,510,193

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €5.19B

For an in-depth examination of IVG stock, go to TipRanks’ Stock Analysis page.

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