TURIN, Italy, March 14 (Reuters) - Italian bus and truck
maker Iveco Group ( IVCGF ) said on Thursday it forecast revenue
growth of 20% by 2028 as it unveiled a new business plan focused
on an expanding product portfolio and industrial partnerships.
Iveco ( IVCGF ) said its net revenues from industrial activities would
rise to around 19 billion euros ($20.8 billion) in 2028, from
15.877 billion euros last year.
The company said it would extend and deepen its existing
partnership with Hyundai Motor ( HYMTF ) in the area of
electric heavy-duty trucks for the European market - both
battery-electric and hydrogen fuel-cell ones.
It also announced a preliminary deal with Ford Trucks for
potential cooperation for the development of heavy-duty truck
cabins.
($1 = 0.9141 euros)