Tata Motors is making a bold global move by acquiring Italian truckmaker Iveco for $4.3 billion.

By Aniket Chakraborty

July 31, 2025

Arrow

BUSINESS

Arrow

This becomes its biggest automotive deal since Jaguar Land Rover in 2008.

2

Arrow

The deal is with the Agnelli family and will happen via a Dutch Tata entity—TML CV Holdings.

3

Arrow

Iveco’s defense division will be excluded from the agreement, as per deal conditions.

4

Arrow

The acquisition gives Tata a stronghold across Europe, South America, and Africa.

5

Arrow

Iveco operates in 30+ countries, including France, Germany, Italy, Spain, and South Africa.

6

Arrow

This strategic move grants Tata instant access to mature and emerging markets.

7

Arrow

Iveco’s existing presence in India promises smoother operational synergy with Tata.

8

Arrow

Analysts say this may reshape the global commercial vehicle landscape.

9

With Iveco, Tata Motors drives deeper into Europe—strengthening its global ambitions.

10