Tata Motors Completes Iveco Group Takeover
Tata Motors has acquired almost 90 percent of the Italian truck maker, with Iveco's headquarters remaining in Turin.
Updated on Nov. 9, 2026 in Trucks
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Tata Motors has completed its takeover of Iveco Group, acquiring almost 90 percent of the Italian truck manufacturer. The deal was first announced in July 2025 and officially completed on November 9, 2026.
Why it matters
The combination gives Tata Motors a commercial vehicle presence in Europe and Latin America and access to Iveco's FPT powertrains. The new entity is expected to have the capacity to sell more than 540,000 commercial vehicles per year.
Tata Motors acquired almost 90 percent of Iveco Group, which will combine 27 manufacturing sites and 25 R&D centres. The combined network includes more than 9,300 sales and service centres and is projected to sell over 540,000 commercial vehicles per year.
The players
Tata Motors
Tata Motors is the Indian automotive company, part of the Tata Group, that now holds a controlling stake in Iveco Group.
Iveco Group
Iveco Group is an Italian manufacturer of trucks and commercial vehicles, headquartered in Turin.
The details
Iveco Group's headquarters will remain in Turin, and its brand identity is unaffected. Customer contracts, warranties, dealer and supplier agreements and captive finance continue unchanged.
Timeline
July 2025: Tata Motors first announced the takeover of Iveco Group.
November 9, 2026: The takeover was officially completed.
Roadmap
The takeover extends a wave of cross-border consolidation in the commercial vehicle sector, as Tata Motors adds European and Latin American truck operations to its portfolio. The combination positions Tata to compete more directly with established global truck makers in those regions.
Customers with existing Iveco contracts, warranties and captive financing will see no change to those agreements after the takeover. Dealer and supplier relationships also remain in place under the current terms.
The takeaway
For fleet operators and truck buyers, the existing Iveco contracts, warranties and service arrangements carry forward unchanged, while the combined company's larger footprint may broaden future product and service options.
Further reading
For more on the commercial vehicles that power global freight, see the Trucks section.
Source note: This article includes information reported by Autotrade.
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