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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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Bad news: Sunsundegui has initiated pre-bankruptcy proceedings

This is not exactly a bolt out of the blue, as some rumors had been circulating for a few months, and today the news came: the Spanish coachbuilder Sunsundegui has initiated pre-bankruptcy proceedings. Also weighing on the crisis was Volvo’s halt to the production of the 9700 and 9900 range, w...

Taking a bus-addict alien to IAA Hannover…

If a bus enthusiast from Mars had landed on Earth on September 17, the opening day of IAA Transportation 2024, and made his (or her) way straight to the halls of the Hannover Messe to get a sense of the bus industry in Europe, he would have encountered a picture vastly different from the reality [&h...
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