Iveco Captures Interest for Potential Acquisition by Tata Motors

At the renowned IAA Transportation exhibition in Hannover, Germany, vehicles from the Iveco Group NV were prominently displayed.

The Italian manufacturer of trucks, Iveco, has reportedly piqued the interest of India's Tata Motors for a possible acquisition, insiders reveal.

Sources indicate that Tata Motors, the parent company of Jaguar and Land Rover, has entered discussions with the Agnelli family, who hold a significant ownership in Iveco. Nevertheless, it is noted that any potential deal would exclude Iveco’s defense sector, which is undergoing its own separate sale process.