iveco group

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 ...

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 ...

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.

Iveco Group reported higher second-quarter revenues despite lower profitability, while confirming that Tata Motors' tender offer is expected to launch in early September and close by early November. The company also announced that CFO Anna Tanganelli will step down once the acquisition is substantia...

During an international event held at the OGR in Turin, IVECO officially launched the update to its product lineup, ranging from light-duty to heavy-duty vehicles. The focus is particularly on services, with the aim of enhancing connectivity to provide drivers and fleet managers with a more integrat...