Irisbus is a bus manufacturer which was formed through the merger of the bus and coach divisions of Fiat Industrial, Iveco and Renault in January 1999 and Ikarus Bus in late 1999. Ikarus Bus was sold off in 2006 to Hungary’s Műszertechnika group. Since 2003, Irisbus has been 100%-owned by Fiat Group´s Iveco, and the company has been renamed Irisbus Iveco. The company is based in Lyon, France with offices in Turin, Italy, Watford and Mainz. Every engine which powers Irisbus Buses is developed by Fiat Powertrain Technologies.