Tata Motors Limited, India’s largest commercial vehicle manufacturer, and Iveco Group N.V., a leading international player in commercial vehicles, buses and powertrains, have marked a new beginning together as a global commercial mobility enterprise with the scale, reach and capabilities to compete and grow across markets and technology cycles. Ranked fourth in the world amongst commercial […]
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Tata Motors has completed the initial settlement of its tender offer for Iveco Group, with its indirect wholly owned subsidiary, TML CV Holdings B.V., acquiring 89.42% of Iveco Group’s common share capital. Following the completion of the settlement on October 30, Iveco Group has become part of Tata Motors, marking a significant step in the […]
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Following a record-breaking edition in 2025, Busworld Europe is preparing to bring the international bus and coach community together once again from 16 to 21 October 2027. With one year to go, the exhibitor list and floor plans are already available online, offering visitors an early glimpse of what awaits them in Brussels. Building on […]
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Industry showcases innovative solutions across all technologies – Clear message to Berlin and Brussels: We have delivered, now policymakers must act – More than 150 world premieres on display – Record international participation and Test Drive offering IAA TRANSPORTATION 2026 was officially opened today in Hanover by the German Federal Minister of Transport Steffen Bilger, […]
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Barely hours into his new role as SIAM President, Mr. Shenu Agarwal, Managing Director and CEO of Ashok Leyland, was already facing some of the toughest questions facing the industry. What followed was a candid and direct conversation that offered a clear picture of where India’s commercial vehicle industry is headed — and what needs […]
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The global electric commercial vehicle market, according to MarketsandMarkets, is on a steep upward curve — set to more than double from $84.64 billion in 2026 to $197.55 billion by 2033, growing at a CAGR of 12.9%. Electric commercial vehicles have moved past the experiment stage. The industry has made its decision — and […]
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By Vishwas Shankar, Vice President & Nachiket Devasthale, Senior Consultant, Mobility Growth Advisory, Frost & Sullivan India’s commercial vehicle (CV) industry has been anchored in diesel-led operating economics for decades. Vehicle value has traditionally been defined by uptime and payload, with limited emphasis on emissions. For most of that time, electric mobility sat somewhere between […]
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India’s electric commercial vehicle segment continued its upward trajectory in May 2026, with total retail registrations climbing to 2,400 units — a 119.4% year-on-year surge from 1,094 units in May 2025 and a 3.40% sequential rise over April 2026’s 2,321 units. Perhaps more telling is the market share story: EV penetration in the commercial vehicle […]
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For the company, the focus has shifted towards disciplined growth, financial resilience and the ability to adapt quickly in an increasingly uncertain global environment. Despite the challenging environment fuelled by geopolitical crisis across the world, the overall mood within Tata Motors remains cautiously optimistic. The belief is that while the world may be facing uncertainty, […]
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Industry experts share insights at CII’s Indian Commercial Vehicle Conclave in Gurugram The Confederation of Indian Industry (CII) hosted the 3rd edition of the Indian Commercial Vehicle Conclave (ICVC), bringing together industry leaders, experts, and visionaries to explore the transformative trends shaping India’s commercial vehicle (CV) industry. The event focused on pivotal megatrends and strategies […]
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