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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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FirstGroup is set to take over Essex-based Ensign Bus Company

FirstGroup takes over Essex-based Ensign Bus Company Limited. The acquisition of the company is anticipated to be completed over the next few months subject to customary regulatory review. The acquisition of the Ensignbus business is set to both enhance FirstGroup’s existing local commercial bus ope...

17 per cent of ALSA buses run on alternative fuel

Today 17 per cent of ALSA buses run on alternative fuel, as explained by Miguel Angel Alonso, ALSA’s Director of Engineering and European Funds, in a story published on IRU website. The goal of the Spain-based company, with operations in Morocco, Portugal, Switzerland, and France, is to operat...
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