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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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Ingo Wortmann re-elected as VDV President

Ingo Wortmann has been re-elected as VDV President. The Head of Münchner Verkehrsgesellschaft (MVG) is then to remain at the helm of the industry association for another three years. At today’s extraordinary meeting of the Executive Committee of the Association of German Transport Companies (V...
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