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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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US Imposes 25% Tariff On India, Penalty On Goods Export Starting August 1
July 30, 2025
Over the last few months, India has been trying to work with the United States government to reach a trade deal, but no concrete deal has been finalised as of yet.
MT Bureau
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BYD Secures 91st Rank In 2025 Fortune Global 500
July 30, 2025
BYD has made its debut in the top 100 of the Fortune Global 500, securing the 91st position in the 2025 ranking announced on 29 July. This marks a significant leap from its 143rd place in 2024 and represents its fourth consecutive year on the prestigious
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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Hyundai Motor India Reports INR 13.69 Net Profit For Q1 FY2026, Down 8%
July 30, 2025
Hyundai Motor India’s performance was affected by a slowdown in its overall volumes both in domestic and exports markets. Factors such as intensifying competition, geopolitical situation and tariff confusion have affected demand.
MT Bureau
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Mahindra's Q1 FY2026 Net Profit Rises 24% To INR 40.83 Billion
July 30, 2025
During the quarter, the company increased its revenue market share in the SUV segment to 27.3 percent, its LCV market share (up to 3.5 tonnes) to 54.2 percent, and its tractor segment market share to 45.2 percent.
MT Bureau