Nanjing IVECO Automobile Co., Ltd. Is established by Nanjing Automobile Group and Fiat IVECO Share Hoding Company together, the total investment is 3.7billion yuan, each side accounted for 50% of the shares , the joint stock company ran formally on March 1 , 1996, it is the greatest collaborative project between two countries till now.

Nanjing IVECO puts out Turin V, it has spacious commercial space, its widely use and multifunctional complying with fast rhythm , high-efficiency modern life.

The officer of Nanjing IVECO introduced that IVECO company invests 1 billion yuan, spend four years to develop a completed new Turin V series. The company will march into the light passenger bus market supported by Turin V.