Ford Trucks and IVECO sign Joint Development Agreement for new heavy-duty truck cabin

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Turin, Italy / Istanbul, Türkiye, 11^th March 2025.

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Ford Vans, the heavy industrial model of Ford Otosan, and IVECO, the model of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets gentle, medium and heavy industrial autos, in the present day announce the signing of a binding Joint Improvement Settlement (JDA) for the design and engineering of a brand new cabin for heavy-duty vehicles.

This settlement follows the unique, non-binding Memorandum of Understanding (MoU) introduced by the 2 firms on 14^th March 2024, remodeling it into an operational undertaking. The JDA is a contractual framework for the co-development of a brand new heavy-duty truck cabin, in addition to widespread sourcing the place relevant. Each firms will manufacture and assemble the cabin in their very own amenities, customising particular styling design ideas and promoting the merchandise underneath their respective manufacturers, Ford Vans and IVECO.

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The brand new cabin will improve the competitiveness of each manufacturers, providing an answer in compliance with the forthcoming EU Direct Imaginative and prescient Normal with improved aerodynamics for decreased carbon emissions. The main focus might be on cabin consolation, security, aerodynamics and modularity, while prioritising cost-efficiency and full compatibility with all powertrains. The primary cabins are anticipated to be prepared for manufacturing by 2028. By this settlement and because of their joint effort, the 2 firms will attain a brand new top-line modular cabin household with state-of-the-art expertise, far superior to the cabins beforehand deliberate, whereas fostering important financial savings in investments. The estimated whole expenditure to be spent by the events collectively underneath the JDA is euro 343 million.

Current on the signing ceremony had been Güven Özyurt, Normal Supervisor of Ford Otosan; Emrah Duman, Vice President of Ford Vans; Olof Persson, CEO, Iveco Group; and Luca Sra, President, Truck Enterprise Unit, Iveco Group.

Emrah Duman, Vice President of Ford Vans, highlighted Ford Vans’ dedication to engineering innovation and delivering high-quality options for the heavy industrial automobile business: “At Ford Vans, we’re dedicated to pushing the boundaries of engineering excellence. This Joint Improvement Settlement is a testomony to {our capability} to design and develop cutting-edge options that not solely meet however exceed the business’s evolving requirements. By becoming a member of forces with IVECO, we’re enhancing our potential to ship revolutionary, high-performance cabins that can set new benchmarks in security, aerodynamics, and driver consolation, all whereas guaranteeing price effectivity and regulatory compliance.”

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Luca Sra, President, Truck Enterprise Unit, Iveco Group, acknowledged: “We’re thrilled to take our partnership with Ford Vans to the following degree by this Settlement. By sharing engineering experience and mixing our strengths, we are going to create a product that units new requirements in security, effectivity, high quality and driver consolation. This settlement is a strategic transfer that can enable each IVECO and Ford Vans to stay on the forefront of the market, well-prepared to adjust to new laws and ship distinctive high quality and worth to our prospects.”

Ford Vans is Ford’s solely heavy industrial model, producing a variety of autos together with tractors, development vehicles, and distribution vehicles weighing over 16 tons. The F-MAX and F-LINE sequence are seen as trusted enterprise companions of consumers all around the world. Ford industrial autos’ confirmed observe file of high quality, sturdiness, and effectivity underpins Ford Vans’ worldwide product technique, delivering the most effective whole price of possession promise. Combining experience in market-specific product improvement with over sixty years’ design and manufacturing expertise, Ford Vans design key elements for its autos, together with all-new engines. Working throughout Europe, the Center East, Africa, and Eurasia, Ford Vans continues to develop its worldwide community on three continents. A whole lot of 1000’s of vehicles world wide set out every day with the arrogance that Ford supplies. For extra details about Ford Vans and its merchandise worldwide, go to www.fordtrucksglobal.com.

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Ford Otosan
was based in 1959, Ford Otosan (Ford Otomotiv Sanayi A.Ş.) is a publicly traded firm, the place Ford Motor Firm and Koç Holdings maintain equal shares. The corporate is the second-largest industrial group in Türkiye, and essentially the most beneficial automotive firm in Borsa İstanbul. Ford Otosan, working in 4 most important facilities with its Kocaeli and Eskişehir Crops and R&D Middle in Türkiye in addition to Craiova Plant in Romania, employs greater than 25,000 folks. Ford Otosan is the most important industrial automobile producer of Ford in Europe able to designing, growing, and testing an entire automobile, together with its engine, from scratch to a completed product.
Ford Otosan’s heavy industrial automobile model, Ford Vans, with over 60 years of historical past in native and world markets, is shaping the long run with its engineering and technological energy.
Additional data is offered on the Firm’s web site www.fordotosan.com.tr/en  

Media Contacts:

Impact Burson
Mahmut Özyön / mahmut.ozyon@impact.bcw-global.com / +90 533 471 14 53
Bestenigar Kara / bestenigar.kara@impact.bcw-global.com / +90 544 229 79 85

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IVECO is a model of Iveco Group N.V. (EXM: IVG). IVECO designs, manufactures and markets a variety of sunshine, medium and heavy industrial autos, off-road vehicles and autos appropriate for any physique sort. It continuously innovates and extends its product portfolio to offer each buyer with the automobile that matches their mission exactly. IVECO’s full-line provide is designed across the Driver’s wants to make sure a wonderful expertise with a deal with security and luxury. A variety of superior digital, connectivity-enabled providers developed to assist fleet homeowners run their fleet effectively improve IVECO’s full transport answer. IVECO pursues its decarbonisation technique by a multi-energy method that features the additional improvement of bio-methane, battery electrical and gas cell applied sciences. IVECO manages manufacturing websites in 7 nations all through Europe, Asia, Africa, Oceania and Latin America. 3,500 gross sales and repair retailers in over 160 nations assure technical help wherever an IVECO automobile is at work. IVECO drives the street of change by powering the transformation of the transport business, propelled by the ambition to be essentially the most dependable associate and full-line participant for its prospects.

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For additional data, please contact:

Iveco Group N.V. (EXM: IVG) is the house of distinctive folks and types that energy your online business and mission to advance a extra sustainable society. The seven manufacturers are every a serious power in its particular enterprise: IVECO, a pioneering industrial autos model that designs, manufactures, and markets heavy, medium, and light-duty vehicles; FPT Industrial, a world chief in an enormous array of superior powertrain applied sciences within the agriculture, development, marine, energy era, and industrial autos sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach manufacturers; IDV, for extremely specialised defence and civil safety tools; ASTRA, a frontrunner in large-scale heavy-duty quarry and development autos; and IVECO CAPITAL, the financing arm which helps all of them. Iveco Group employs 36,000 folks world wide and has 19 industrial websites and 31 R&D centres. Additional data is offered on the Firm’s web site www.ivecogroup.com

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• 20250311_PR_Iveco_Group_Ford_Trucks_IVECO_ Sign_Cabin_Development_Agreement

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