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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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Foton to export over 1,000 e-buses in Santiago de Chile

Foton signed a deal for 1,022 electric city buses headed to Santiago de Chile. Total value? 1.6 billion RMB. The deal, signed in August, marks the biggest order of domestically manufactured electric city buses from the overseas market. Currently, over 300 units of Foton electric buses (accounting ne...
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