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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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Daimler Buses achieved increasing revenue and sales in half 2024

Daimler Truck reported a strong performance in the bus segment despite a complex market situation in the first half of the year. During that period, 12,252 buses were sold (+4% on half 2023) and revenue at Daimler Buses increased 27% (from 1.9 billion to 2.4). Adjusted EBIT rose from 42 to 174 billi...
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