Auto deals touched $4.6 bn in Jul-Sep on outbound M&A rush

India’s automotive sector recorded its strongest quarter in over a year, with 30 transactions valued at $4.6 billion, according to Grant Thornton Bharat Q3 (July-September) 2025 Automotive Dealtracker.

- BS REPORTER

While deal volumes remained consistent with the previous quarter, values surged sharply. It was largely driven by Tata Motors’ $3.8 billion acquisition of Iveco SPA, marking one of India’s largest outbound automotive transactions to date. Excluding this deal, values fell 36 per cent over the last quarter, signalling that large strategic bets continue to define overall deal momentum.