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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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Scania deploys first hybrid trucks in the Defense sector

At Eurosatory in Paris, Scania handed over the first of three hybrid trucks to FMV (the Swedish Defence Materiel Administration) as part of a joint development project. Indeed, FMV purchased the vehicles with the aim of testing and further developing the technology "in close dialogue between industr...

Toyota launches redesigned Hilux pickup in Japan

The new Hilux features an updated exterior design that combines strength with advanced styling, and its powertrain features a 1GD diesel engine renowned for its power and high durability. In addition to improved driving performance, expanded safety and security functions as well as connected functio...
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