Tata-Iveco aim for global CV business: Chandra
Mumbai: Tata Motors and Iveco Group are aiming to build a global commercial vehicle business focused on growth rather than consolidation, N Chandrasekaran, chairman, Tata Sons, said on Tuesday, outlining the rationale behind the transatlantic deal.The $4.32 billion acquisition of the Italian truck and bus maker marked the biggest overseas deal for Tata Motors in the CV segment and the largest by a Tata Group automotive entity since the 2008 acquisition of Jaguar Land Rover from Ford Motor Compa…

