A major new global player in the commercial vehicle market will be established when Indian giant Tata Motors takes ownership of the Iveco Group.
The two companies recently announced they have reached agreement to create a commercial vehicles group with the reach, product portfolio and industrial capability to be a leading global competitor.
Completion of the deal is conditional on the separation of Iveco Group’s defence business. The likely timeline for the deal to be complete is the first half of 2026.
The Tata Motors offer to Iveco shareholders is valued at Euro3.8 billion (NZ$7.4b) and would bring together two businesses with highly complementary...









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