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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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VDL Group, a 2023 in lights and shadows: bus&coach -33%

For the VDL Group, 2023 was a two-sided year. In hot days that saw the Dutch giant get its hands – along with Schmitz Cargobull – on Van Hool, the press note containing the financial results achieved during the past year was released. VDL Groep president and CEO Willem van der Leegte sai...
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