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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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Wrightbus to launch a H2 coach in 2026

Jean-Marc Gales, Wrightbus CEO, is quoted by Bus & Coach Buyer as saying that "The concept is ready, the predevelopment work has been done, so we are confident we can launch it in 2026". It's not yet clear if the vehicles will be in-house built or realized in cooperation with bodybuilder partners.

Germany to halt subsidies for electric buses (and trucks)

Germany has stopped subsidizing electric trucks and buses. Such a decision follows a similar one concerning electric cars, taken not long ago. The Government used to subsidize the purchase of heavy-duty vehicles with alternative drives so to cover about 80 percent of the price difference c...
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