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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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MAN truck and bus sales increased of 61% in first half of 2023

MAN Truck & Bus recorded a 4% increase in order intake in the first half of 2023 (up to 49,517 vehicles). in the first half of the year, while unit sales increased very strongly to 56,173 trucks, buses, and vans (+61%). The previous year’s unit sales were at a low level due to the producti...
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