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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.