News

Following the completion of Tata Motors' acquisition of Iveco Group, the two manufacturers have outlined their shared strategic vision. The new commercial vehicle group combines approximately €21 billion in revenues and 590,000 vehicles sold annually, while Iveco Group will maintain its headquarters...

Iveco Group is officially part of Tata Motors following the completion of the initial settlement of the takeover offer on October 30. The Indian manufacturer now controls 89.42% of Iveco Group's share capital, excluding treasury shares. A new Board of Directors has also taken office, while CEO Olof ...

Aurora and Charger Logistics have signed a preliminary agreement for the potential purchase of up to 500 driverless trucks, with deliveries expected between 2027 and 2028. The initiative builds on their existing cooperation and could significantly expand autonomous freight operations across the Unit...

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 ...

Chinese electric truck manufacturer SuperPanther has appointed Holger Scherr, a former senior executive at Daimler Truck, as Executive Vice President Europe. With more than 20 years of experience at Daimler and Daimler Truck, Scherr joins the company as it expands production, deliveries and commerci...

Iveco Group has appointed Damiano Cretarola as its new Chief Financial Officer, effective November 2, 2026. He will succeed Anna Tanganelli, who has held the position since December 2023, and will report directly to Group CEO Olof Persson.