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Iveco Group NV ( (IT:IVG) ) has issued an update.
Iveco Group N.V. announced significant changes in its Senior Leadership Team to enhance operational efficiency and quality. Domenico Nucera has been appointed as Chief Quality & Operations Officer to centralize and integrate the company’s quality and operational functions, while Claudio Passerini steps in as President of the Bus Business Unit. These changes aim to strengthen the Group’s strategic approach to production and logistics, with an increased focus on delivering quality products and maximizing customer satisfaction.
More about Iveco Group NV
Iveco Group N.V. operates in the automotive industry, focusing on commercial vehicles and advanced propulsion technologies. The company includes brands such as IVECO for commercial vehicles, FPT Industrial for propulsion technologies, IVECO BUS for buses, and others, serving various sectors including agricultural, construction, marine, and defense. As of the end of 2023, it employed over 36,000 people globally with extensive industrial and R&D operations.
YTD Price Performance: 12.96%
Average Trading Volume: 2,782,218
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €3.64B
Learn more about IVG stock on TipRanks’ Stock Analysis page.