Competition record
Iveco
Deep profile · 1 linked library matter
Iveco is the Italian truck brand, historically tied to Fiat and then CNH, that builds light, medium, and heavy commercial vehicles. It is a fined party in the EU trucks cartel, whose overall fine was about €3.8 billion.
Overview
Iveco builds commercial vehicles in Italy and elsewhere, from light vans used for local delivery to heavy trucks used for long haul. The brand sat in the Fiat industrial group and later in CNH. Fleet managers in Europe know it as an alternative to the German and Swedish truck makers.
Iveco took part in the EU trucks cartel. From the 1997-2011 era the makers coordinated gross list prices and the surcharges added for the cost of meeting emissions rules. The Commission fined the truck makers about €3.8 billion in decisions in 2016 and 2017. Iveco is in the library file with Daimler and others.
Scania was decided separately. This profile does not give Iveco its own slice of the €3.8 billion. The library status is fined. Daimler's truck business is the other maker this scale file profiles from the same cartel.
Competition footprint
List price and the emissions surcharge are the numbers the makers discussed.
Buyers are fleets that compare Iveco with Mercedes-Benz and the other European badges.
The combined fine is about €3.8 billion, and Iveco's share is not stated here.
Consumer & business angle
Haulage companies buying an Iveco truck paid a list price that had been coordinated.
Daimler, in its truck id, is one of the rival makers in the same decisions.
What to watch
- Fleet damages claims that name Iveco alongside the German and Swedish manufacturers.
- The Daimler profile, which describes the same €3.8 billion case from the Mercedes-Benz truck side.
Markets
commercial vehicles · light and heavy trucks · heavy-duty trucks · commercial vehicle pricing
Also known as: iveco trucks, iveco group