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The talks over the sale of Iveco and Tata Motors' approach have not been reported before. Exor owns a 27.1% stake in Iveco, with 43.1% of voting rights in the Turin-based truck maker. Iveco, which ...
Shares in Iveco jumped as much as 9.7% in Milan on Friday. The company has a market value of about €4.5 billion ($5.3 billion). Reuters reported on Tata Motors’ interest earlier in on Friday.
It is being reported in India that Tata Motors has put its exploratory collaborative agreement with Iveco 'on hold' while it works flat out on its high-profile ‘world truck’ project.
Tata Motors plans to regain 50% EV market share with extended range models, price parity, and nationwide expansion. Upcoming bespoke and Avinya EVs, plus a ₹16,000 crore investment, aim to ...
Tata Motors plans to revamp its product platforms, aiming to reduce costs and boost efficiency. With a Rs 35,000 crore investment, it will launch 30 new models by FY30, consolidate to 2–3 ...
Tata Motors to buy Italy's Iveco after defence unit disposal India's Tata Motors will buy Iveco in a deal valued at 3.8 billion euros ($4.36 billion), the companies said on Wednesday, after the ...
Tata Motors will distribute its trucks through Iveco’s global sales network and Tata dealers will market Iveco’s to-be-launched light commercial vehicles range in the country, the report said.