29-Jun-2026 14:43:41
Tata Motors CV Targets 1 Million Annual Sales After Iveco Acquisition News
Tata Motors Commercial Vehicles expects to cross 1 million annual vehicle sales after completing its proposed acquisition of Iveco Group, Chairman N. Chandrasekaran said at the company's AGM. The automaker remains optimistic about long-term growth, backed by infrastructure spending, rising freight demand and stable regulations, despite near-term risks from elevated fuel prices. The Iveco deal is expected to strengthen Tata Motors' global presence, expand technology capabilities and accelerate its ambition to become a leading global commercial vehicle manufacturer.