CNH Industrial has revealed a comprehensive Strategic Business Plan (SBP) during its 2025 Investor Day, aiming to cement its leadership in agriculture and construction machinery, significantly improve margins, and return more value to shareholders.

The company’s new roadmap includes ambitious targets such as achieving a 16–17 percent mid-cycle adjusted EBIT margin in agriculture by 2030 and delivering over USD 550 million in operational and quality cost improvements. It also seeks a 25 percent increase in through-cycle industrial cash generation. It also aims to consolidate its position as the No.1 or No. 2 player in all major markets.

Gerrit Marx, CEO, CNH Industrial, said, “The strategy that we presented today shows that we have a clear path to achieve our goals. We are committed to delivering strong growth, in tandem with our cost efficiency targets. We have demonstrated our capability to deliver steady margin improvements in the past, and we will take that to the next level in this new phase of our journey.”

Key initiatives include enhancing integration between hardware and Precision Tech systems, a full refresh of the tractor lineup, an expanded combine harvester range and doubling Precision Tech’s share of agriculture net sales. CNH will also revamp its go-to-market approach with a new dual-brand dealer strategy and greater focus on customer service.

On construction, CNH targets a 7–8 percent EBIT margin by 2030 through new product launches, sourcing efficiencies, and aftermarket growth.

The plan prioritises organic growth, but leaves room for strategic M&A.

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Tata Motors, one of the largest commercial vehicle manufacturers in India, is set to further strengthen its business with the acquisition of Italian CV major Iveco for USD 4.5 billion, said an Economic Times report.

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.

While there has been no formal announcement from either party on such a negotiation between them, a formal update from Iveco stated that ‘it is engaged in ongoing, advanced discussions with different parties for potential transactions involving its defence business, on the one hand, and the balance of the company (CV business) on the other.’

For the unversed, Iveco operates several businesses: it produces commercial vehicles for road and off-road use, including models with natural gas and ecological diesel engines. Iveco Bus focuses on passenger transport, offering urban and intercity buses, tourism coaches and minibuses, with an emphasis on sustainable mobility solutions like natural gas and electric vehicles. Heuliez specialises in electric city buses, with a history of developing electric mobility products. FPT Industrial manufactures industrial powertrains and alternative propulsion systems for various vehicle types and power generation, also developing electric propulsion and energy storage solutions.

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Japanese truck maker Isuzu Motors and Swedish auto major Volvo Group have signed a new strategic agreement that will support joint development by Isuzu Motors and UD Trucks of a common platform for medium-heavy-duty truck models for the Japanese and other Asian markets, utilising Volvo Group technology.

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 the future, maximising value and benefits for customers as well as for society.

As per the new agreement, Volvo Group will continue to supply key components, especially powertrains along with providing technical support in development and quality assurance.

Masanori Katayama, Chairman & CEO, Isuzu Motors, said, "This new agreement marks a significant milestone in the deepening of trust and collaboration between Isuzu Motors and Volvo Group. By combining our technological strengths and expertise, we are paving the way for the future of medium heavy-duty trucks in Japan and across Asia. And it will further enhance the stability and reliability of our products and services for customers."

Martin Lundstedt, President and CEO, Volvo Group, said, "This setup creates a true win-win. By leveraging shared technology, both parties can drive industrial efficiency and long-term value for customers. It strengthens our ability to grow revenues while contributing to a more competitive offering in the Asian market."

The partners aim to complement each other’s strengths, leverage respective technologies and create larger scale synergies to further strengthen their strategic alliance and address future logistics challenges.

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Eicher Trucks and Buses, part of VE Commercial Vehicles (VECV), has introduced its next-generation 'Pro Plus Series', aimed at redefining India’s Light and Medium Duty (LMD) trucking segment. The new range focuses on enhanced payload capacity, fuel efficiency and intelligent connectivity, while featuring factory-fitted, air-conditioned, ergonomic cabins.

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.

Vishal Mathur, EVP – Light & Medium Duty Trucks, VECV, said, “Over the years, Eicher Trucks and Buses have won the trust of customers by delivering solutions that enhance value to their business. With our continued focus on fuel efficiency, uptime, and digitalisation, the Plus range provides customers with a profitable combination of performance and sustainability. These trucks are built not only for today’s needs but also for the rapidly evolving demands of India’s supply chains. The new range is a result of deep customer engagement and future-focused engineering. By combining industry leading vehicle productivity with features that improve driver productivity, we are offering customers a truly differentiated platform that supports both intra-city and longer-haul applications. This range further enables us to lead with value, innovation, and customer-centricity in the LMD segment.”

• Eicher Pro 3018XP Plus: Long-haul truck with 18.25T GVW, 160 HP engine, 2.1m sleeper cabin and fuel tank options of 190L or 425L.
• Eicher Pro 2118XP Plus: 18.25T day-cabin truck suited for intercity logistics, with tight turning radius and 160 HP output.
• Eicher Pro 2059 Plus: 7.5T GVW city logistics truck, offering multiple cargo body configurations and the E366 engine.
• Eicher Pro 2095XP Plus: 11.5T GVW truck with 140 HP, available in multiple wheelbase and body options, suitable for e-commerce and FMCG.
• Eicher Pro 2049 Plus: 5.5T intra-city truck offering high torque, low turning circle and enhanced cargo space.
• Eicher Pro 2110XPT Plus: 14T tipper with 160 HP, 500 Nm torque and rugged design for construction and infrastructure applications.

The new Pro Plus range reflects Eicher’s shift from a vehicle manufacturer to an integrated solutions provider, aligning with the changing needs of India’s logistics and transportation ecosystem.

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Montra Electric, the clean mobility arm of the Murugappa Group, has inaugurated its all-new e-SCV (Small Commercial Vehicle) showroom in Gurugram.

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. It is powered by an 80 kW motor that delivers 300 Nm of torque and comes with advanced telematics that the company claims enables over 95 percent fleet uptime. It is backed by 7 year or 250,000km warranty.

Saju Nair, CEO, TIVOLT Electric Vehicles (SCV division of Montra Electric), said, “Delhi NCR is a crucial market in our expansion roadmap, and we are excited to bring the Montra Electric experience to Gurugram. With the launch of this dealership, we aim to provide unmatched service and high-performance electric mobility solutions tailored for modern logistics and cargo needs. Our partnership with SOL Automotive brings together a shared vision of driving cleaner, more efficient transportation for the region.”

Rajesh Gulia, Director, SOL Automotive India, said, “We are proud to be associated with Montra Electric and bring the EViator to Gurugram’s thriving commercial ecosystem. This partnership is a timely response to the growing demand for sustainable transport solutions in the region. We look forward to offering customers a best-in-class ownership experience through our new facility."

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