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Related Party Information (Tables)
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Schedule of related party transactions
The following table sets forth the related party transactions entered into with Iveco Group post-Demerger for the time period presented:
(in millions of dollars)
202420232022
Net revenues$129 $139 $48 
Purchases$747 $1,042 $930 
Selling, general and administrative expenses$— $— $— 
 
(in millions of dollars)
December 31, 2024December 31, 2023
Trade receivables$24 $25 
Financial receivables from Iveco Group N.V.$168 $380 
Trade payables$205 $335 
Financial payables to Iveco Group N.V.$62 $146 
The following table sets forth the related party transaction entered into for the time period presented:
 
(in millions of dollars)
202420232022
Net sales$489 $589 $400 
Purchases$420 $508 $554 
 
(in millions of dollars)
December 31, 2024December 31, 2023
Trade receivables$3 $2 
Trade payables$53 $54