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Tata Motors raises Iveco takeover offer to 14.4 euro per share amid delays

Tata Motors Ltd said it has increased the takeover offer price for Italian truck maker Iveco Group NV by 0.30 euro per share to 14.40 euro per share, citing delay in authorisation process. In 2025, Tata Motors announced plans to acquire Iveco, excluding its defence business, for 3.8 billion euro (nearly Rs 38,240 crore) through TML CV Holdings Pte Ltd. The commercial vehicle major earlier offered 14.10 euro per share, valuing the transaction at 3.82 billion euro. Tata Motors started an all-cash voluntary tender offer for all outstanding common shares of Iveco in September. The acceptance period runs from September 7 to October 26, 2026, with Iveco Group shareholders scheduled to vote on related resolutions at an extraordinary general meeting on October 16. Iveco Group's board of directors unanimously supported the deal and has recommended that shareholders tender their shares and vote in favour of the earlier offer. While noting that the previous offer price already represented fu

Tata Motors raises Iveco takeover offer to 14.4 euro per share amid delays
Updated On : 10 Oct 2026 | 12:14 PM IST

CAFE-3 fuel efficiency norms notified without carve-out for small cars

Car manufacturers will face revised emission targets from April 2027 as govt settles a long-running industry dispute

CAFE-3 fuel efficiency norms notified without carve-out for small cars
Updated On : 30 Sep 2026 | 5:09 PM IST

Why are Tata group stocks falling today? TTML, Tata Chem, TMPV dip up to 5%

Tata Trusts, led by Chairman Noel Tata and holding 66% of Tata Sons, has proposed merging TESS and TCE with Tata Sons to help the holding company remain private and exit the RBI's NBFC/CIC framework.

Why are Tata group stocks falling today? TTML, Tata Chem, TMPV dip up to 5%
Updated On : 29 Sep 2026 | 10:18 AM IST

Tata Motors PV eyes 15% market share soon, targets 20% by FY31: MD

Tata Motors Passenger Vehicles expects to cross 15 per cent domestic market share "very soon" and is working towards its previously stated target of 20 per cent by FY31, as the nearly year-old standalone business looks to drive significant growth through investments in new product categories, faster product interventions and powertrain expansion, its Managing Director and CEO Shailesh Chandra said. In an interview with PTI, Chandra said the passenger vehicle business, which became a standalone entity following the demerger effective October 1 last year, has grown nearly 40 per cent over the past year and is exiting September with electric vehicles accounting for more than 25 per cent of its total sales. "Our focus is going to be, of course, to drive significant growth, double-digit growth. At the same time, we want to be leading the charge as far as the sustainable or zero-emission powertrains and emission-friendly powertrains are concerned, and at the same time, we have to continue

Tata Motors PV eyes 15% market share soon, targets 20% by FY31: MD
Updated On : 27 Sep 2026 | 11:21 AM IST

Commodity cost uncertainty bigger worry than price increase: TMPV MD

Commodity pressures were hurting margins and forcing faster cost cuts, says Shailesh Chandra

Commodity cost uncertainty bigger worry than price increase: TMPV MD
Updated On : 25 Sep 2026 | 11:14 PM IST

Jaguar Land Rover to cut around 4,000 jobs globally in next two years

Tata Group's British luxury carmaker Jaguar Land Rover on Monday said it will reduce its global workforce by around 4,000 roles over the next two years. The company, a subsidiary of Tata Motors Passenger Vehicles Ltd, said it is targeting approximately 1.7 billion of savings over the next two years to reduce its break-evens towards 300,000 units. JLR currently employs 43,000 people globally. The savings are designed to enhance JLR's ability to deliver sustainable profitable growth, against the backdrop of increasingly competitive and rapidly changing markets and continuing geo-political uncertainty. The programme will reduce organisational complexity, and underpin the commitment to invest between 15-18 billion in electrification, digital technologies, advanced manufacturing and enhanced customer experiences over the next 5 years. "As a result, JLR will reduce its global workforce by around 4,000 roles over the next two years. The reduction, which is not expected to impact direct .

Jaguar Land Rover to cut around 4,000 jobs globally in next two years
Updated On : 07 Sep 2026 | 4:33 PM IST

Maruti Suzuki to hike prices of select models by up to ₹20,000 in September

Maruti Suzuki's third price hike since May, follows similar moves by Tata Motors and comes amid sustained input-cost pressures and an elevated inflation burden

Maruti Suzuki to hike prices of select models by up to ₹20,000 in September
Updated On : 07 Sep 2026 | 12:25 PM IST

Stocks to watch: LIC, ICICI Bank, SBI, Dixon, Chalet Hotels, TCS & more

Stocks to watch today: ICICI Bank, LIC, SBI, Dixon Tech, TCS, NMDC, JSW Steel, RVNL, Tata Motors, CG Power, BEML, among others, will be in focus today.

Stocks to watch: LIC, ICICI Bank, SBI, Dixon, Chalet Hotels, TCS & more
Updated On : 07 Sep 2026 | 7:52 AM IST

Tata Motors launches all-cash offer for Iveco; acceptance opens September 7

Tata Motors launched an all-cash voluntary tender offer to acquire all common shares of Iveco Group for EUR 14.10 per share, valuing the Italian commercial vehicle maker at approximately EUR 3.82 billion. The offer is being made through TML CV Holdings B.V., and the acceptance period will run from September 7 to October 26, 2026, according to a joint announcement by Tata Motors and Iveco Group on Friday. The offer price of EUR 14.10 per common share is on a cum-dividend basis. The transaction is the latest step in Tata Motors' proposed acquisition of Iveco, with the offer document having received approval from Italy's market regulator Consob. The approval cleared the way for the shareholder acceptance process. Iveco Group's Board of Directors has unanimously supported the transaction and recommended that shareholders accept the offer. It has also recommended that shareholders vote in favour of the resolutions relating to the offer at the Extraordinary General Meeting (EGM) schedul

Tata Motors launches all-cash offer for Iveco; acceptance opens September 7
Updated On : 05 Sep 2026 | 11:24 AM IST

Tata Motors PV expands South Africa portfolio as exports gather pace

Nexon enters market as Osprey, becoming Tata's fifth PV offering; India already supplies over half of South Africa's light-vehicle imports

Tata Motors PV expands South Africa portfolio as exports gather pace
Updated On : 04 Sep 2026 | 8:33 PM IST

Italian market regulator clears Tata Motors' tender offer for Iveco shares

TML CV Holdings will offer €14.10 per Iveco share, with the initial acceptance period running from September 7 to October 26 and payment scheduled for October 30

Italian market regulator clears Tata Motors' tender offer for Iveco shares
Updated On : 04 Sep 2026 | 5:12 PM IST

Nifty Auto tanks 2%; Eicher, Hero Moto top losers: What's behind the fall?

The auto pack delivered a strong performance in August on a yearly basis, with growth momentum sustaining across segments and players; however, some moderation was visible month-on-month, said Emkay.

Nifty Auto tanks 2%; Eicher, Hero Moto top losers: What's behind the fall?
Updated On : 02 Sep 2026 | 10:38 AM IST

Tata Motors secures all prior regulatory approvals for Iveco acquisition

The European Central Bank has granted the remaining authorisation, clearing all prior sector-regulatory approvals required for Tata Motors' voluntary tender offer

Tata Motors secures all prior regulatory approvals for Iveco acquisition
Updated On : 02 Sep 2026 | 8:10 AM IST

Tata Motors gains biggest market share in PV segment in Jan-Aug

Tata's registrations jumped 37.2 per cent to 494,370 vehicles, with non-EVs contributing about 70 per cent of incremental volumes even as EV sales surged 85.5 per cent

Tata Motors gains biggest market share in PV segment in Jan-Aug
Updated On : 01 Sep 2026 | 10:59 PM IST

Tata Motors commercial vehicle sales jump 49% to 44,411 units in August

Tata Motors Ltd on Tuesday reported a 49 per cent growth in total commercial vehicle sales in August at 44,411 units as compared to 29,863 units in the same month last year. Domestic commercial vehicle sales were up 33 per cent at 36,619 units last month as compared to 27,481 units in August last year, Tata Motors Ltd said in a statement. International business volumes were at 7,792 units in August as against 2,382 units in the year-ago month, registering a 227 per cent growth year-on-year.

Tata Motors commercial vehicle sales jump 49% to 44,411 units in August
Updated On : 01 Sep 2026 | 1:24 PM IST

Tata Motors gains EV market share as bookings triple in six months

Tata Motors Passenger Vehicles Ltd is gaining market share in the electric vehicle segment and has seen a three-fold increase in EV bookings over the last six months, even as production capacity is restricting its ability to fully capitalise on the strong demand, according to a senior company official. In an interview to PTI, Tata Passenger Electric Mobility Ltd, Chief Commercial Officer Vivek Srivatsa said, "If you see the last two three months, we are actually gaining market share every month. So it is the other way round, and in fact, in the last six months, the gap between us and the number two player has increased. And I would also publicly state that we had three 3x growth in bookings for EVs, and we are only restricted by our production capability". Tata Passenger Electric Mobility Ltd is a part of Tata Motors Passenger Vehicles Ltd Group. "I think consumers are increasingly confident of our products, and we have the widest product range, providing EVs to all kinds of differe

Tata Motors gains EV market share as bookings triple in six months
Updated On : 30 Aug 2026 | 1:54 PM IST

Expect demand for electric CV to remain strong: Tata Motors MD & CEO

Tata Motors Ltd expects demand for its electric commercial vehicles (CVs) to remain strong and continue to grow with a strong order book in place across segments, according to its Managing Director and CEO Girish Wagh. The company also expects supply chain bottleneck regarding cells imported from China that has impacted its Intra EV, to be resolved completely by the end of the ongoing quarter, he told analysts. "On EVs, the demand outlook is quite positive," he said. In the first quarter of the fiscal year, on the electric commercial vehicles front, Tata Motors had over 3,400 vehicle orders across segments, building on the momentum it saw in the second half of last year. In addition to that, Wagh said, "As a part of PM-eBus Sewa, there are a few more newer tenders which are also on the way. We are quite positive on that." He pointed out that the electric small commercial vehicles (SCV) pickup, which is completely in the retail market, is doing very well. "The TCO (total cost of .

Expect demand for electric CV to remain strong: Tata Motors MD & CEO
Updated On : 30 Aug 2026 | 10:34 AM IST

Tata Motors PV unveils Tata.cars as new customer-facing brand identity

'Nothing's too far' becomes new brand promise as carmaker seeks sharper consumer identity following demerger; Tata.ev will continue for electric cars

Tata Motors PV unveils Tata.cars as new customer-facing brand identity
Updated On : 27 Aug 2026 | 8:50 PM IST

Tata Communications, Tata Motors partner to launch 5G-powered Sierra.ev

Tata Communications and Tata Motors Passenger Vehicles (TMPV) on Tuesday announced a collaboration to equip the Sierra.ev with in-built 5G cellular connectivity, a move aimed at accelerating the deployment of Software-Defined Vehicles (SDVs) in India. Under the partnership, the Tata Communications MOVE Connected Vehicle Platform will be integrated with the car's SDV platform N.IO. The integration will provide seamless connectivity and digital-first in-vehicle experiences, a joint statement said. "As vehicles evolve into intelligent ecosystems that enable a growing range of services and applications, the underlying digital fabric will be central to fostering innovation and scaling new capabilities. This collaboration reflects a shared commitment to shaping a smarter mobility experience that will securely enhance convenience and personalisation," said Vivek Manglik, Executive Vice President Interaction Fabric, Tata Communications. The Sierra.ev will offer features such as secured ..

Tata Communications, Tata Motors partner to launch 5G-powered Sierra.ev
Updated On : 25 Aug 2026 | 2:28 PM IST

Tata Motors to raise car, SUV prices by up to ₹25,000 from September 1

Third price increase this year comes amid rising input costs and sustained inflationary pressure

Tata Motors to raise car, SUV prices by up to ₹25,000 from September 1
Updated On : 21 Aug 2026 | 12:07 PM IST