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Tata Motors To Acquire Iveco Group’s CV Business For EUR 3.8 Billion
July 30, 2025
The deal once through will create a ‘force majeure’ in the global CV industry, combining Tata Motors’ frugal engineering strength with Iveco Group’s strength in electrification and the alternative energy domain.
MT Bureau
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Mahindra Bets On SML Isuzu Tech To Enter E-Bus Segment
July 30, 2025
In theory, this would enable Mahindra to continue to focus on its ICE-portfolio, while the integration of SML Isuzu will enable it to leverage the development of an alternative energy portfolio, such as CNG and electric powertrains in the CV segment.
Nilesh Wadhwa
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Tata Motors To Buy Iveco's CV Business For $4.5 Billion: Report
July 30, 2025
The move is one of the largest acquisitions for Tata Motors’, and is said to be the second largest acquisition for the Tata Group after Corus.
MT Bureau
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Isuzu Motors, Volvo Group To Jointly Develop Trucks For Japanese And Asian Markets
July 29, 2025
The announcement builds on the strategic partnership framework agreement originally established in October 2020. This long-term collaboration, set for a minimum duration of 20 years, takes up the possibilities and challenges of the logistics industry of t
MT Bureau
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Eicher Launches New Pro Plus Truck Series For Light and Medium Duty Segment
July 29, 2025
The trucks are equipped with Eicher Live and My Eicher telematics platforms for real-time diagnostics and fleet management. Segment-first features include smart air-conditioning with automatic cut-off to improve fuel efficiency during idling.
MT Bureau
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Montra Electric Opens New Showroom In Gurugram
July 28, 2025
The new 3S facility operated by SOL Automotive India will house the EViator, Montra Electric’s e-SCV, which comes with a certified range of 245km and a real-world range of 170km.
MT Bureau