Iveco and the Spanish company Santana have signed a Letter of Intent that outlines the general principles for potential long-term product development and commercial planning collaboration, regarding new solutions in the field of light 4-wheel drive vehicles. Provided preliminary analysis of the project feasibility is positive, the agreement between the two companies will envisage the development of a new product, an off-road 4x4 vehicle for professional usage, derived from today’s PS10 Santana, which would be built by Santana using Iveco engine and transmission technologies. The letter of intent also clarifies the guidelines for possible future negotiations, intended to build up common commercial policy and strategies.

Iveco is a global company offering a comprehensive range of commercial vehicles. It employs cutting edge technologies to guarantee reliable performance and levels of excellence in quality, for the competitivity of its products and the satisfaction of customers. At world level, Iveco markets a modern, variegated line of commercial vehicles of all weight classes. The company produces about 170,000 vehicles per annum. Models range from light, medium and heavyweight commercial vehicles – Daily, Eurocargo, Stralis – to Trakker quarry/construction site vehicles, Irisbus town and interurban buses and coaches and special vehicles for applications like fire-fighting, off-road missions, civil defence and protection.
 

With its 32,000 employees, Iveco operates 48 production plants in 19 different countries. Apart from Europe, the company is present in China and India, Russia and Turkey, Australia and Argentina, Brazil and South Africa. Iveco operates 15 research centres working on the development of technologies for the enhancement of product quality. 841 dealers and more than 4,500 service outlets in over 100 countries guarantee the presence of qualified technical competencies in every geographic area in which, at this moment in time, an Iveco vehicle is at work.

Metalurgica de Santa Ana (later to become Santana Motor SA), was the Spanish engineering company that signed a deal with Rover Company to build Land Rovers under licence. The first were built in 1958 from CKD kits, but local content was gradually increased until the Santanas were 100 per cent locally manufactured.