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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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Proterra seeks Chapter 11 bankruptcy protection

Proterra has filed for Chapter 11 protection in a bid to reinvigorate its financial standing. While navigating this process, the company is committed to maintaining normal business operations and harnessing the opportunity to optimize its product lines. Reuters noted that ”Proterra, whose shares nea...
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