Tata Motors and Iveco Group to combine commercial vehicle businesses

Tata Motors and Iveco Group announced a business combination of their commercial vehicle operations, targeting combined annual sales of 590,000 vehicles and revenue of €21 billion. The partnership spans 27 production facilities and 25 R&D centers across 130 countries, with a focus on next-generation powertrains and software.

“India's Tata Motors and Italy's Iveco Group are combining their business capabilities to strengthen their push into the global commercial vehicle market.”mk.co.kr

• 1 source
• mk.co.krTata Motors and Iveco to combine commercial vehicle businesses; target revenue: €21 billion - MKNov 5, 2026

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