Iveco Group has reported a 7.3% increase in consolidated revenues for Q2 2026, reaching USD $4.35 billion (€3.76 billion), fueled primarily by higher delivery volumes across Western Europe. Order intake in Europe showed remarkable acceleration: medium- and heavy-duty truck orders jumped +47% year-over-year, while light commercial vehicle (LCV) orders rose 21%.
In the passenger transit sector, IVECO BUS consolidated its position as the #1 European electric bus manufacturer, capturing over 25% market share as bus deliveries grew by 8% with its Annonay plant operating at full capacity. Industrial Activities generated an adjusted EBIT of USD $120.22 million (€104 million), absorbing temporary quality and rework investments from early-season bus production while positioning the Group for a stronger second half of 2026 following the early-July debut of its Model Year 2026 truck range.
Source: Iveco Group Read The Article
PSR Analysis. The 47% surge in European heavy-duty truck orders demonstrates that fleet operators are aggressively committing to replacement orders following the launch of IVECO’s Model Year 2026 lineup. By holding more than a quarter of the European electric bus market, IVECO BUS has built a dominant position for municipal zero-emission tenders, creating a steep competitive hurdle for rivals such as Solaris and Daimler Buses. The strong order intake across both LCV and heavy chassis cabs signals robust underlying freight activity in Southern and Western Europe. PSR
Emiliano Marzoli is Manager, European Operations
