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Tata Motors’ takeover bid for Iveco Group clears 80% acceptance threshold

Tata Motors' takeover bid for Iveco Group has reached 87.81% of the company's ordinary share capital, exceeding the minimum acceptance threshold of 80%. The offer is now unconditional, with shareholders receiving €14.40 per share. The acceptance period will reopen from November 2 to 6, ahead of the ...
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Isuzu plans new commercial vehicle production facility in South Carolina

According to Isuzu, the new production plant is expected to employ more than 700 people, with an annual production capacity of approximately 50,000 vehicles by 2030. The Japanese company's will is to produce both electric commercial vehicles and ICE commercial vehicles at the premises to be opened i...
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ReVolt Motors to unveild new hybrid Peterbilt truck in the U.S.

In terms of environmental benefits, ReVolt states that the hybrid system can slash carbon emissions by 40%, even with diesel fuel usage, positioning the vehicle for EPA certification as a near-zero emissions solution. “American truckers want their trucks to reflect their identity, and our retrofit ...
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