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The Latest Breaking News from Iveco

Tata Motors CV shares rise 4% as July sales jump 37% YoY. Nomura expects Iveco to support earnings recovery; check target price

Tata Motors CV rose sharply after the company reported a 37% year-on-year jump in July commercial vehicle sales. While Nomura remains cautious on near-term demand, it expects the Iveco acquisition, cost efficiencies and new product launches to drive earnings recovery over the next two years.

The Economic Times

Tata Motors-Iveco revenue to be $35-40 billion in 5 years: N Chandrasekaran

Tata Motors is projecting a remarkable revenue growth of $35-40 billion in its commercial vehicle sector over the next five years from its acquisition of Iveco Group, chairman N Chandrasekaran said. This strategic decision, expected to finalise by September, aims to enhance Tata Motors' global reach with synergistic products and…

The Economic Times

Tata Motors CV can cross 1 million vehicles after Iveco deal: N Chandrasekaran at AGM

Tata Motors Commercial Vehicles anticipates exceeding one million annual sales post-Iveco acquisition, projecting a global top-four ranking. Despite fuel price concerns, strong infrastructure spending and freight growth are expected to sustain the domestic market. The company is also bolstering non-cyclical revenue streams and expanding its international footprint, aiming for resilient…

The Economic Times

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Tata Motors CV acquisition delay won't dent long-term gains: Sudip Bandyopadhyay

Tata Motors' acquisition of Iveco's commercial vehicle business is delayed until September 2026, a move market expert Sudip Bandyopadhyay finds "disappointing" but still sees as a "fantastic leap up." The deal promises a seamless product range and global expansion. Meanwhile, the Indian auto sector anticipates a monsoon-driven boost, with Maruti…

The Economic Times

Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?

Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divided, with JM Financial bullish, while Nomura and Motilal Oswal stay cautious on near-term demand and margins. Long-term outlook remains supported by infrastructure growth, CV demand recovery and digital and EV initiatives.

The Economic Times

Tata Motors CV bets on global expansion, EVs and digital businesses for next phase of growth

Tata Motors' commercial vehicle division is charting an ambitious growth path, prioritizing global expansion, electric vehicles, and digital services. The company aims to leverage the proposed Iveco acquisition for wider market access and product diversification.

The Economic Times

Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N Chandrasekaran

Tata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Chandrasekaran said. With the strategic acquisition of Iveco, the company is setting its sights on breaking into the elite tier of the world’s four largest commercial vehicle manufacturers, he…

The Economic Times

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Tata Motors CV shares jump 3% but brokerages are cautious. Here’s why

Tata Motors CV shares jumped 3% on Friday, recovering from previous losses despite Q4 earnings that failed to impress markets. The company reported a 70% YoY increase in standalone net profit to Rs 2,406 crore. Brokerages remain cautious, with Nomura downgrading to 'Neutral' due to global risks and IVECO concerns.

The Economic Times

Tata Motors To Buy Italy's Iveco For $4.4 Bn

Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global champion" in the commercial vehicles sector, the two companies said Wednesday.

International Business Times

Iconic 80s shirt sponsors

A look at the brand who made a name for themselves when kit sponsorship was in its infancy

FourFourTwo

Iveco Group Targets 20% Revenue Growth Through Partnerships

Iveco Group unveils strategy for 20% revenue growth by 2028 through market expansion and partnerships in the evolving automotive industry.

Top News

Iveco eDaily Tows 338,600 Pounds To Earn Guinness Record For EV Van

The Iveco eDaily EV now holds the Guinness World Record for the "heaviest weight towed by an electric van."

InsideEVs

Multiple Nikola Tre BEV Trucks Caught On Fire In Phoenix

The cause of the fires is still unknown, but Nikola said that it suspects foul play as a vehicle was seen in the area of the affected trucks before the incident.

InsideEVs

European truck makers ‘trail in global race to net zero’

DAF and Iveco among firms least prepared for move to zero-carbon tech, study claims

The Guardian - UK

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InsideEVs

Nikola Tre BEV Production Put On Pause As Inventory Piles Up, Losses Mount

Nikola also makes a hydrogen fuel cell version of the Iveco-based truck, which saw a “significant increase” in sales in Q1 2023, with orders that amount to 140 total units of the FCEV Tre.

InsideEVs

Iveco-Nikola Partnership Enters New Phase: A Sign Of Parting Ways?

Iveco Group and Nikola Corporation announced today that their partnership (started in 2019), related to zero-emission heavy-duty trucks has entered a new phase.

Daily Record

Teenager dies following road crash on Lanarkshire motorway

Around 1.50am this morning (March 25), the 19-year-old man was driving a Toyota Yaris when it was involved in a collision with a stationary Iveco lorry on the westbound carriageway near to junction 6 of the M8.

InsideEVs

Nikola Opens European Order Books For Iveco-Based Tre BEV Truck

The Euro version of the Nikola Tre BEV has a quoted range of up to 530 km / 330 miles and there’s also a fuel cell version with 800 km / 497 miles.

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The Guardian - UK

‘This really is the future’: HGV manufacturers race to decarbonise trucks

Lorry vehicle makers are backing a range of technologies from gas to battery electric to cut UK’s carbon footprint on the roads

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