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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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Is the Buses Bill going to shake the UK bus industry up?

The UK’s bus operation has the potential for the most significant change in a generation. On 9 September, Transport Minister Louise Haigh MP presented the Buses Bill, giving all English local transport authorities (LTAs) the power to operate as a franchise. In effect, this will enable LTAs to run th...

Do Young Kim appointed CFO at Scania (effective February 2025)

Do Young Kim will be the new Scania’s CFO effective February 1st, 2025. Do Young Kim replaces Jonas Rickberg, who is leaving Scania to become CFO of Skanska Group. Currently CFO for International (previously known as Navistar, a sister company belonging to the TRATON Group), Kim a will also be...
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