CNH ended talks to sell its Iveco SpA

The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.

CNH abandoned the talks because the Chinese automotive group didn’t present an acceptable offer for Iveco, according to a person familiar with the discussions, who asked not to be identified discussing confidential deliberations. Italy’s government had signaled its opposition to CNH selling to a Chinese company and later praised the decision to pull out of the talks.


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IVECO Light Multirole Vehicle

Iveco Defence Vehicles has a full range of vehicles to meet a broad spectrum of defence applications.

Bandiera Inglese e italiaa IVECO Light Multirole Vehicle Romano Pisciotti

Our Light Multirole Vehicle (LMV) needs no introduction: with over 4,000 units sold in 14 countries, it is a bestseller in its class. Few vehicles in the world have saved so many lives.
How is excellence born? From the very beginning of its development, it was clear that it had to be a vehicle capable of keeping up with the market’s needs and that it would combine mobility and protection.
To do all this, the entire project was based on two pillars:
🔹 a robust, reliable design that can easily accommodate continuous improvements based on user feedback
🔹 a design team that is attentive to the point of anticipating customer requirements and that over the years has developed an entire family of vehicles capable of meeting the most diverse operational needs.
LMV2 IVECO Light Multirole Vehicle Romano Pisciotti
These are the cornerstones for the vehicle’s latest evolution: our LMV2.

Il nostro Light Multirole Vehicle (LMV) non ha bisogno di presentazioni: con oltre 4.000 unità vendute in 14 Paesi, è un bestseller nella sua categoria. Pochi veicoli al mondo hanno salvato così tante vite.

Come nasce un’eccellenza? Sin dalle origini del suo sviluppo è stato chiaro che si dovesse trattare di un veicolo in grado di stare al passo con le esigenze del mercato e che ben conciliasse mobilità e protezione.
Per fare questo, tutto il progetto si è basato su due pilastri:
🔹 un design robusto, affidabile e capace di accogliere agevolmente continui miglioramenti basati sui feedback degli utilizzatori
🔹 un team di progettazione attento al punto da anticipare i requisiti dei clienti, che negli anni ha sviluppato un’intera famiglia di veicoli in grado di assolvere alle più disparate esigenze operative.
Da queste basi è nata la più recente evoluzione del veicolo: il nostro LMV2.
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MPI IVECO Lagos Nigeria IVECO Light Multirole Vehicle Romano Pisciotti

Motor Parts Industry (MPI): IVECO Nigeria

231 Moshood Abiola Way, Ijora (Old Apapa road)

Lagos – Nigeria

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Romano Pisciotti

Natural Power trucks

The Stralis Natural Power trucks maximise the environmental advantages of natural gas delivering a reduction of between 40% and 50% in fuel costs compared to their diesel equivalents and emissions reductions of up to 90% of nitrogen dioxide, 99% of particulate matter and 10% carbon dioxide increasing to 95% when biomethane is used.

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Presented by MPI, IVECO Nigeria

Romano Pisciotti

IVECO: The new MUV

Iveco Defence Vehicles has extensive experience observing and predicting current and future trends in its field, developing military vehicles to meet global operational requirements.

MUV IVECO: The new MUV Romano Pisciotti

In recent years, the company has identified the need for a light vehicle specifically designed to undertake a variety of roles from providing U.N. and NATO humanitarian aid, homeland security missions, logistic support and training, to satisfying the military requirements of non-NATO forces.

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In response, the company has developed a new generation of unprotected and lightly protected vehicles. The new MUV is the result of the Company’s vast experience in the sector of light vehicles, highlighted by the extraordinary commercial success of its predecessor, the M40E15-WM, which has sold more than 18,000 units worldwide over the last 30 years.

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The MUV is also available for civilian use as it fully complies with the required safety and environmental regulations through features such as ergonomic seats, good soundproofing, seatbelts, airbag system and Euro VI diesel engines. The vehicle can be used as a rescue vehicle, a medical asset, for snow clearance, as a light recovery vehicle or by the emergency unit command post.

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Presented by Romano Pisciotti

MPI – Motor Parts Industry

IVECO Nigeria



IVECO manufacturing plant..Yesterday Today Tomorrow

1955 Torino Italy IVECO manufacturing plant..Yesterday Today Tomorrow Romano Pisciotti
1955 Torino – ITALY

IMG 2849 IVECO manufacturing plant..Yesterday Today Tomorrow Romano Pisciotti

The name Iveco first appeared in 1975 after a merger of Italian, French and German brands. Its production plants are in Europe, Brazil, Russia, Australia, Africa, Argentina and China, and it has approximately 5,000 points of sales and service in over 160 countries.

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With over 28,000 employees, Iveco is present in all five continents: 27 plants located in 16 countries around the world manufacture vehicles with top level technologies developed in 6 research centres. Outside of Europe, the company operates in China, Russia, Australia and Latin America. An extensive after-sales service network guarantees our support in all geographic areas where an Iveco vehicle is at work.


The joint venture of Iveco, FPT Industrial and Nikola will produce electric and fuel cell trucks for the European market at Iveco’s headquarters in the German city of Ulm. The first trucks will roll off the assembly lines next year.

Nikola Tre, a truck designed for the European market, was presented in December 2019. Iveco, FPT Industrial and Nikola announced last week that the large electric vehicle would be made in Ulm, which is the home of the IVECO’s chassis engineering hub. The joint venture partners will invest 40 million euros in the modernization of the factory. 

“The decision to build the Nikola TRE in Ulm – a centre of heavy-duty truck engineering excellence – underscores the site’s strategic location at the heart of Germany’s fuel cell technology cluster.”

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The History of IVECO

Founded in 1899 in Turin, Italy, by a group of engineers and investors including Giovanni Agnelli, the first vehicle built by Fiat (Fabbrica Italiana di Automobili Torino) was a car. The firm soon branched out, though, into trucks and buses. In 1903, Fiat produced its first commercial vehicle, and in 1929 a specialist industrial vehicle division, Fiat Veicoli Industriali, was created.
In 1933, Fiat acquired OM, a truck, car and farm machinery maker. The company continued developing its passenger and goods vehicle businesses, and in 1966 made a further purchase, that of UNIC, a French manufacturer of trucks. Three years later the automobile, truck, bus and defence vehicle maker Lancia was acquired by Fiat.
In 1974, Fiat became the majority shareholder of Magirus Deutz, a German bus, truck and fire equipment manufacturer. The following year marked the birth of IVECO, when Fiat Veicoli Industriali brought together its own and acquired brands under a single entity, taking its name from the initials of the Industrial Vehicles Corporation it created.
In 1978, the IVECO Daily, the first light goods vehicle to be produced under the IVECO name, was launched, while two years later the company unveiled the first turbo diesel engine for heavy goods vehicles.

In 1986, IVECO acquired the Italian company Astra di Piacenza, a specialist in trucks for heavy quarrying and mining operations. In the same year, it entered into a joint venture with Ford’s truck operations, creating IVECO Ford Truck, a business of which it ultimately took full control, whereupon the Ford name was removed. Trucks sold under the partnership included the TurboDaily tractor unit and the light-duty Cargo, which under full Iveco ownership was later developed into the EuroCargo.


IVECO increased its presence in the truck market still further with the 1990 purchase of Pegaso, a Spanish manufacturer of commercial vehicles. As part of the acquisition, IVECO also gained control of Pegaso’s British truck-making subsidiary, Seddon Atkinson.
The 1990s saw further new markets open up for Iveco and its truck products, with the establishment in 1996 of a joint venture with the Yuejin Motor Corporation in China, producing light commercial vehicles under the IVECO brand. The following year, IVECO entered the Latin American market, opening up sales to Brazil.
IVECO had also developed considerable presence in the bus and coach markets. In 1999, it was a co-founder, along with Renault, of Irisbus, which resulted from the equal-share merger of the two firms’ interests in the sector. In 2003, IVECO acquired Renault’s share of the Irisbus business.
In 2007, IVECO signed a further deal to develop business in China, this time with Shanghai Automotive Industry Corporation to form SAIC-IVECO Hongyan, producing heavy duty trucks.
Along with other non-automotive divisions, in 2011 IVECO was demerged from Fiat S.p.A to become part of the new Fiat Industrial, Fiat Group’s capital goods division. In 2013, the business was transferred to CNH Industrial, following the merger of Fiat Industrial and CNH Global N.V.

Today, IVECO is the leading European manufacturer of natural gas vehicles, after having launched its first natural gas trucks and buses in 1996, it has produced some 35,000 natural gas powered vehicles to date. Natural gas solutions utilise both CNG (compressed natural gas) and LNG (liquefied natural gas) technology, dependent on the mission, and are available across the entire Iveco range.



Presented by Romano Pisciotti

Motor Parts Industry (MPI)

IVECO – Nigeria


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Romano Pisciotti

Not even COVID 19 will be able to stop the long march on the road to recovery.

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The lower dependence on oil … which continues, however, to constitute a great wealth … the huge investments in agriculture and animal husbandry, the interest of investors in search of unsaturated markets, the protection of local industry … in a country that has the largest domestic market in all of Africa … will lead to the recovery of economic circulation.

The need for new markets will become a priority that will favor large emerging markets, such as Nigeria.

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Road transport will however continue to grow strongly.

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Romano Pisciotti
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Romano Pisciotti Motor Parts Industry


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MPI is looking for investor partners to offer new services in the country.

Romano Pisciotti

MPI – Motor Parts Industry


WORKSHOP: 231 Moshood Abiola Way, Ijora (old APAPA Road)

P.O.Box 198 Apapa, Lagos – Nigeria.