Friday, October 16, 2026

Iveco shareholders approve Tata Motors' takeover bid; acceptance threshold cut to 80 pc

At an extraordinary general meeting held in Amsterdam, Iveco shareholders approved all resolutions proposed by its board of directors in connection with the voluntary public tender offer launched by TML CV Holdings Pte Ltd through TML CV Holdings B.V., Iveco Group said in a statement.

from Auto-Industry-Economic Times https://ift.tt/s3xJ2bw

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...