US Motoring Press – Page 283 – I wish I had more to offer

What is Iveco, the Company Tata Motors Just Acquired

In a landmark acquisition that promises to reshape India’s commercial vehicle landscape, Tata Motors has acquired Iveco Group, bringing one of Europe’s most established truck and bus manufacturers under Indian ownership. For many Indian readers unfamiliar with this global player, here’s everything you need to know about Tata Motors’ newest addition. From European Roots to… Continue reading What is Iveco, the Company Tata Motors Just Acquired

BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse

Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse

BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse

BSA Motorcycles Unveils Scrambler 650 and Bantam 350

BSA Motorcycles has launched two new models: the Scrambler 650 and the Bantam 350, as part of its ongoing global expansion and brand revival efforts. The Scrambler 650 is powered by a 652cc liquid-cooled single-cylinder DOHC engine that produces approximately 44.4 hp at 6500 rpm and 40.6 lb-ft of torque at 4000 rpm. It features… Continue reading BSA Motorcycles Unveils Scrambler 650 and Bantam 350

Mahindra Logistics Charts New Course Focused on Profitability

Mahindra Logistics Limited (MLL), a part of Mahindra & Mahindra, has initiated a strategic realignment aimed at improving its operational and financial performance. This follows a quarter where consolidated revenue grew 14% year-on-year to Rs 1,625 crore, despite reporting a consolidated loss of Rs 10.8 crore. Managing Director and CEO Hemant Sikka, during the post-results… Continue reading Mahindra Logistics Charts New Course Focused on Profitability

Mahindra Secures 54.2% LCV Market Share, Overtakes Tata in Q1 FY26

In a significant shift in India’s commercial vehicle market dynamics, Mahindra & Mahindra has emerged as the undisputed leader in the light commercial vehicle segment (below 3.5 tonnes), commanding a dominant 54.2% market share in Q1 FY26, up 340 basis points year-on-year. This achievement represents a strategic coup in a segment long dominated by Tata… Continue reading Mahindra Secures 54.2% LCV Market Share, Overtakes Tata in Q1 FY26

Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom

Mahindra & Mahindra’s strategic focus on SUVs has proven prescient as the segment has exploded in popularity post-COVID, helping the company achieve its highest-ever quarterly SUV volumes of 152,100 units in Q1 FY26, a 22% year-on-year growth. The transformation of India’s automotive market has been dramatic. Pre-COVID, in 2019, SUVs accounted for less than 30%… Continue reading Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom

Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom

Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1

Mahindra & Mahindra’s electric vehicle business delivered a strong financial performance in Q1 FY26, recording ₹111 crore EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortisation) on revenues of ₹2,800 crore. This reflects growing operating scale and traction across its electric SUV portfolio. Breaking down the structure, M&M’s EV operations span two legal entities: • Mahindra Limited,… Continue reading Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1