Last week, a spokesperson for JLR said Mardell would step down after being at the helm for three years
Volume and revenue dips mar Q1, but rural traction and export gains keep automaker from sliding off course
Both global and local banks are considering joining the facility and the deal is expected to be completed by April 2026, pending regulatory approvals
Iveco gets India entry while Tata gains Latin American access
The company is raising 3.8 billion euros to fund the acquisition with about a third of the same being funded by equity and the company will raise debt for the rest
TaMo plans to tap into premium customer segments and cohorts of Iveco which complements its current positioning
Bharat Forge and Samvardhana Motherson International shares fell over 3 per cent each after Trump imposed a 25 per cent tariff
Proposed $4.5 billion acquisition may open mature markets for Tata Motors' CV business but raises concerns about duplication and pressure on financials
The acquisition will create a €22 billion global CV giant with annual volumes of 540,000 units, expanding Tata's footprint into Europe and low-emission technology
Prime Minister Giorgia Meloni's government has privately signaled it would back the proposed transaction as long as Iveco's strategically important defense unit is sold to a group led by Leonardo
The Iveco deal will be Tata Motors' largest auto acquisition, surpassing its $2.3 billion purchase of Jaguar Land Rover in 2008
At 12:30 PM, Sensex was trading at 82,570.47 level, up by 384 points or 0.47 per cent
India's Tata Motors has approached Exor, the Agnellis' investment company, over its controlling stake in Iveco Group, two of the sources said. A sale would not include Iveco's IDV defence business
Technical outlook on Tata group stocks: Chart suggests up to 16% downside risk for Tata Motors, Titan, Trent and Tata Power; here are the key levels to track on these shares.
Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q1 FY26 were at 87,569 nos., lower by 6%, over Q1 FY25
Stocks to Watch today, July 9, 2025: 5paisa Tata Motors, Dixon Technologies and Ola Electric are some of the top stocks to watch today
Tata Motors Group's global wholesales fell 9% YoY in Q1 FY26, reaching 2,99,664 units, with declines in both commercial and passenger vehicles, including Jaguar Land Rover (JLR).
Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.
Analysts cite rural demand and the ongoing marriage season as key drivers supporting two-wheeler and tractor volumes, while subdued consumer sentiment and conversion delays are likely to weigh on PV &
The government is working on 10 major hydrogen fuel cell projects involving auto companies, which will operate hydrogen-powered trucks and buses, says Nitin Gadkari