Current Affairs - Business - Discussion

Tata Motors has acquired Italian truck and bus manufacturer Iveco for €3.8 billion, marking its largest deal since the Corus acquisition in 2007 and its most significant move in the automotive sector since taking over Jaguar Land Rover in 2008. This strategic acquisition strengthens Tata Motors’ global position in the commercial vehicle segment by combining its dominance in India with Iveco’s strong presence in Europe and the Americas. The deal is expected to boost innovation in zero-emission transport, expand global market access, and challenge industry leaders like Volvo and Daimler, reinforcing Tata Motors’ ambitions to be a global CV powerhouse.