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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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NFI takes over Alexander Dennis

Alexander Dennis’s story as an independent bus builder has come to an end. The British company, the world’s leading manufacturer of double decker buses, has been taken over by the Canadian group NFI for 405 million dollars (some 360 million euros). The operation aims to “create a m...

Swedish municipality of Piteå to go all electric with Nobina

Nobina announced it won the service contract for public transport in Piteå municipality (north of Sweden). The operator will accompany the municipality towards a zero emission bus fleet: at the beginning of the contract in July 2020, all city buses (twelve) will be electrically powered. Nobina, 12 e...

20 fuel cell double decker buses will run in London

Transport for London will operate 20 fuel cell double decker buses (through EU funded JIVE project). The vehicles, built by British manufacturer Wrightbus and powered by Ballard Power Systems, are scheduled to arrive in London next year. In the same year 2020 also Liverpool is going to have the firs...
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