मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
TaMo aims to drive down Iveco costs, open new roads
Mint Chennai
|October 01, 2025
Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles
Tata Motors said the Iveco buyout could unlock a bigger value than JLR.
Tata Motors' biggest global bet since Jaguar Land Rover (JLR) will be steered by cost savings. Cutting spending on product development, components and research is central to its $4.4 billion acquisition of Italian commercial vehicle maker Iveco, alongside plans to expand into new markets and product segments, the company said, maintaining that the move could unlock a bigger value than even JLR.
At a meeting with analysts of top brokerage houses on Monday, the company's management laid out its plan to leverage its biggest buyout after JLR in 2008. This comes at a time when analysts questioned the rationale of the buyout just ahead of the demerger of its commercial vehicle entity.
यह कहानी Mint Chennai के October 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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