TATAMOTORS (TATAMOTORS)
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Tata-Iveco targets 6 lakh annual vehicle sales in five years
Newly-appointed Iveco Group Chairman N Chandrasekaran on Tuesday outlined a five-year growth ambition for the $24-billion Tata-Iveco commercial vehicle venture, targeting combined annual sales of nearly six lakh vehicles, as Tata Motors began identifying Iveco products for assembly in India while exploring opportunities to expand overseas. “The combined revenue is of the order of $24 billion.
Tata Motors acquires 89.42% stake in Iveco for €3.43 billion
Tata Motors acquired 89.42% of Iveco for ₹36,387 crore, boosting its European presence. The acquisition provides a European and Latin American market presence, and integration efforts will be critical. The move aims to enhance Tata Motors' global footprint.
Tata Motors' Iveco takeover turns unconditional at 89% shareholding
Tata Motors’ Iveco takeover offer turns unconditional as shareholding reaches 89% - Published OnOct 27, 2026 | 23:49 IST - Last Updated OnOct 27, 2026 | 23:49 IST Tata Motors' acquisition of the Italian truck maker has crossed the vital completion threshold after securing nearly ninety percent of common shares, marking its largest buyout since the Jaguar Land Rover deal. The strategic push aims to expand its global commercial vehicle footprint.
Tata Motors wins 87.81% shareholder backing for €3.91-billion Iveco takeover
Tata Motors has secured the decisive shareholder backing for its €3.91-billion takeover of Italian truckmaker Iveco after investors representing 87.81 per cent of its equity accepted the offer on Monday, overcoming minority shareholder resistance and clearing the biggest hurdle in its 15-month pursuit. The acquisition sets the stage for a global commercial-vehicle group with combined annual revenue of approximately €21 billion and sales exceeding 590,000 vehicles.
Tata Motors CV swings to ₹1,254 crore Q2 profit on 37% revenue jump
Tata Motors' commercial vehicle business returned to profitability in Q2, reporting a ₹1,254 crore profit as revenue surged 37% year-on-year. Subsequent reports put the profit figure as high as ₹2,138 crore with revenue growth of 41.9%, while H1 volumes rose 35%. The results mark a sharp turnaround from prior losses, driven by strong volume growth and improved realizations.
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Mercedes invests ₹200 crore in localisation as GLC EV bookings top 1,000
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