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Tata Motors secures control of Iveco Group, new board takes office

Iveco Group has officially become part of Tata Motors. On October 30, the two companies announced the completion of the initial settlement of the takeover offer launched by the Indian manufacturer, marking a decisive step in the acquisition process first announced in July 2025. Following the transfe...

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Proterra seeks Chapter 11 bankruptcy protection

Proterra has filed for Chapter 11 protection in a bid to reinvigorate its financial standing. While navigating this process, the company is committed to maintaining normal business operations and harnessing the opportunity to optimize its product lines. Reuters noted that ”Proterra, whose shares nea...

MAN truck and bus sales increased of 61% in first half of 2023

MAN Truck & Bus recorded a 4% increase in order intake in the first half of 2023 (up to 49,517 vehicles). in the first half of the year, while unit sales increased very strongly to 56,173 trucks, buses, and vans (+61%). The previous year’s unit sales were at a low level due to the producti...
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