US EditionTata Motors Share Price Cracks over 3% on THIS Acquisition Update. Do You Own?
KONKAN DIVISION, MAHARASHTRA, JUL 30 – The $4.5 billion acquisition would be Tata Motors' largest since 2008 and aims to expand its commercial vehicle business with new powertrain technologies, JPMorgan noted.
- Shares of Tata Motors Ltd. fell more than 4% on Wednesday, July 30, 2025, after reports emerged that it may acquire Italy-based Iveco Group’s truck business from the Agnelli family for $4.5 billion.
- The boards of Tata Motors and Turin-based Iveco met on Wednesday to discuss a deal, with discussions ongoing for over one month and recent weeks intensifying.
- Tata Motors plans to buy 27.1% stake from Exor, the Agnelli family’s investment firm, and launch a tender offer for remaining shares, excluding Iveco’s defence business.
- Reports emerged that the boards of Tata Motors and Iveco are likely to approve today, with a formal announcement possible as early as Wednesday.
- This move could provide Tata Motors Ltd. enhanced scale and access to powertrain technologies as it undergoes its commercial vehicle business demerger by December 2025.
58 Articles
58 Articles
Buses in Vysoké Mýto will be manufactured by the Indian company Tata Motors instead of the Italian company Iveco. The former Karosa, now Iveco Czech Republic, will be transferred to new owners as part of the reorganization. The company produces several thousand buses in the Czech Republic annually.
Bigger than Jaguar Land Rover acquisition, Tata Motors to take over Italian auto giant Iveco
Tata Motors is closing in on a landmark $4.5 billion deal to acquire Italian truckmaker Iveco from the Agnelli family’s Exor, according to The Economic Times. If finalised, the deal would mark the Tata Group’s second-biggest acquisition and would be significantly larger than its $2.3 billion buyout of Jaguar Land Rover.
Watauga Democrat
Tata Motors to buy Italy's Iveco for $4.4 bn
Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global champion" in the commercial vehicles sector, the two companies said Wednesday.
Iveco Group was sold to Indiana Tata Motors. The company makes it known. (ANSA)
Coverage Details
Bias Distribution
- 42% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
