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Iveco Acquisition: Tata Motors Set for $4.5 Billion Truck Deal
Tata Motors is back in the spotlight. This time, it’s for planning its biggest global deal ever. The company is set to buy Iveco, an Italian truck maker, for $4.5 billion. If it goes through, this will be Tata Motors’ second-largest deal in history, only behind the Corus Steel buyout by the Tata Group. We’re…
Stellantis Posts $2.7 Billion H1 Loss Due to Major Restructuring Costs
Stellantis has reported a surprising $2.7 billion net loss in the first half of 2025, a dramatic shift from its $12.1 billion profit during the same period last year. This unexpected downturn has been driven by significant restructuring expenses, plant closures, and tariff-related costs, especially in North America. Why is Stellantis facing such a huge…