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 […]
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 […]
The company earned about ₹2,100 crore after tax in its standalone business and says it is confident of closing the Iveco deal. Only 35% of shares have been tendered so far. Tata Motors had one of its strongest quarters in the three months to September. The standalone business, which makes commercial vehicles, reported revenue of […]
Force Motors Limited, India’s largest van maker and a leading automotive manufacturer, has announced its initiative towards promoting responsible end-of-life vehicle management by facilitating access to authorised scrappage for its customers. Through an association with Rosmerta Auto Recycling Pvt. Ltd., Force Motors aims to make authorised vehicle scrappage more accessible to customers in the Delhi-NCR […]
FADA data shows 11.23 lakh vehicles sold in ten days. Electric vehicles are now more than one in every ten sales. India’s showrooms sold about 11.23 lakh vehicles in the ten days of Navratri this year, says the Federation of Automobile Dealers Associations (FADA). That is nearly 27% more than in Navratri 2024. It is […]
Marking a significant milestone in its partnership with the Maharashtra State Road Transport Corporation (MSRTC), Volvo Buses India, has secured an order for 200 Volvo 9600 coaches. This represents the single-largest order for Volvo buses in India and marks a significant commitment to strengthening premium intercity public transportation in the state. The order, comprising 170 […]
With onboard washrooms available across more than 95% of its buses, the company is using bio-washroom technology to improve hygiene, reduce water consumption and address operational challenges IntrCity SmartBus, a tech-enabled intercity mobility platform, has announced an estimated annual saving of 3 crore litres of water through the use of bio-washroom technology across its network. […]
SWITCH Mobility, part of the Hinduja Group, and intercity operator Purple Bus have launched what they call the region’s first electric bus service, on the new Nagpur–Chandrapur route, extending Purple Bus’s intercity network further into Vidarbha. Union Minister for Road Transport and Highways Nitin Gadkari was present at the flag-off of the first six buses, […]
An analysis of the end-use sectors driving growth across Tata Motors’ commercial vehicle businesses in H1 FY27 Tata Motors’ commercial vehicle sales grew 35.1% year-on-year to 2,43,602 units in H1 FY27, reflecting broad-based demand across its domestic and international businesses. While heavy trucks benefited from infrastructure spending and activity in core industries, intermediate and light […]
Ashok Leyland has signed a Memorandum of Understanding with Union Bank of India (UBI) to offer tailored financing to customers buying its trucks and buses. Under the partnership, UBI will provide end-to-end vehicle loans with flexible, easy-to-manage repayment options suited to each customer’s needs. The MoU was signed by Neelakantan, Vice President – Finance, Ashok […]
Ashok Leyland has signed a Memorandum of Understanding with Tamilnad Mercantile Bank (TMB) to offer customised financing to customers buying its trucks and buses. Under the partnership, TMB will provide end-to-end vehicle loans with flexible repayment options suited to each customer’s needs. Founded in 1921, the bank has more than 600 branches, with a strong […]
Jio-bp, the EV charging brand of Reliance BP Mobility, has signed a Memorandum of Understanding with Vertelo, an electric vehicle leasing platform, to support fleets of electric buses and trucks. The two companies will explore combining Vertelo’s leasing services with Jio-bp’s fast-charging network. Plans include making charging points easy to find for Vertelo’s customers, offering […]
From September 15 to 20, 2026, companies from the commercial vehicle, transport, and logistics industries presented innovative solutions for the future of road freight transport at IAA TRANSPORTATION in Hanover. With 1,589 exhibitors from 46 countries, this year’s IAA TRANSPORTATION set a new record for international participation. The number of countries represented increased again compared […]
As India accelerates the transition towards a more organised and sustainable vehicle scrappage ecosystem, Rosmerta Auto Recycling Pvt. Ltd. (RARPL), one of India’s leading Registered Vehicle Scrapping Facilities (RVSFs), has entered into a strategic partnership with Eicher Trucks and Buses, a business unit of VE Commercial Vehicles (VECV) to facilitate the authorised scrapping and recycling […]
SWITCH Mobility Ltd, a global leader in electric buses and light commercial vehicles and part of the Hinduja Group, has secured an order for 840 electric buses from Antony Road Transport Solutions under the Government of India’s PM E-Drive scheme Phase I tender. Under the order, SWITCH will supply 9-metre and 12-metre AC electric buses […]