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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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Driver shortage pushes bus depots toward automation

Europe’s public transport operators are entering a period where staffing pressure and fleet electrification meet in the same place: the bus depot. Around 105,000 bus and coach driver positions remain unfilled across Europe (IRU figures cited in sector analyses), and a meaningful slice of working tim...

iveco group

Future Iveco Group organizational structure unveiled

CNH Industrial announces the organizational structure of the future Iveco Group. Designated CEO Gerrit Marx will lead this new, to be listed, company with its commercial vehicles, powertrain, specialty vehicles and financial services businesses into independent operation in early 2022. At the helm o...
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