Skip to content
Subscriber Only

CNH Ends Talks With China’s FAW on Sale of Iveco Unit

  • CNH says it continues to pursue a spinoff of Iveco unit
  • Italian government had signaled it opposed the sale to FAW
Updated on

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco truck and bus business to China FAW Group Co., a move that was welcomed by the Italian and French governments.