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Tata Motors takes over Iveco Group for €3.8 billion

Tata Motors and Iveco Group have announced an agreement that will lead to the creation of a global commercial vehicle manufacturer, with transaction to be concluded by Q2 2026. The transaction, valued at approximately EUR 3.8 billion, involves a voluntary tender offer by Tata Motors for all common s...

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Brice Bonavia appointed General Manager of Solaris France

Brice Bonavia has become the new General Manager of Solaris France – a daughter company representing Solaris Bus & Coach in France. Just yesterday the group disclosed its 2022 results: in a nutshell, 1,492 buses sold (401 are battery-electric vehicles), revenues at € 696 million (with 3% decreas...

Karsan appoints Javier Calvarro as sales director for Spain

Karsan has appointed Javier Calvarro as sales director for Spain and Andorra. The aim of this new appointment is to boost the company’s growth and consolidation in Europe. In his more than 20 years of experience in the commercial vehicle sector, Javier Calvarro has worked for different compani...

Daimler Truck results 2022. Bus sales up 28% (revenues +15%)

In 2022, Daimler Truck announces positive results in terms of revenue, EBIT, and Return on Sales, despite the challenges posed by supply chain issues. The company’s bus segment saw significant growth, with Daimler Buses’ division achieving a 28% increase in vehicle sales (over 24,000) an...

Keolis 2022 results: revenues up 9% on 2021

Keolis has today disclosed its results 2022. The group achieved an organic growth of 9.1% in group revenues, which reached €6.7bn. Furthermore, the company attained a recurring EBIT of €209 million, with a margin of 3.1%. Despite a decrease in recurring EBITDA due to the exit from Germany and termin...
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