Tata Motors Ltd. on Friday secured approval from the Mumbai bench of the National Company Law Tribunal (NCLT) for its restructuring plan, paving the way for the demerger of its passenger vehicle (PV) and commercial...
TVS to acquire Italy’s Engines Engineering, sets up global centre of excellence in Bologna
TVS Motor Company on Thursday said it will acquire Italian automotive design and engineering firm Engines Engineering S.p.A., for a tad over 5 million euros (over Rs 50 crore) as part of its initiative of establishing a...
Temasek seeks to acquire minority stake in Nash Industries for $120-150 mn
Singapore’s state-owned investor Temasek Holdings is in talks to acquire a minority stake in auto components maker Nash Industries, which is seeking to raise $120-150 million from private equity investors...
Warren Buffett’s Berkshire Hathaway exits China’s BYD, filing shows
Warren Buffett’s Berkshire Hathaway has fully exited Chinese automaker BYD, a filing showed, ending a 17-year investment that grew over 20-fold in value in that period. The filing by Berkshire’s energy...
Samvardhana Motherson to buy 81% stake in Japan’s Yutaka Giken for $184 mn
Auto components major Samvardhana Motherson International Ltd on Friday announced the acquisition of 81 per cent stake in Japan’s Yutaka Giken Co, Ltd in which Honda is a majority shareholder, for USD 184 million...
Mercedes-Benz offloads Nissan stake for $325 million, source says
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for 47.83 billion yen ($324.65 million), a source with direct knowledge of the matter said on Tuesday. Shares...
Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor
The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake, in Nissan Motor, a spokesperson for the German carmaker said on Monday, adding to pressure on the Japanese...
Tata AutoComp to acquire Slovakia-based IAC Group
Auto components maker Tata AutoComp Systems on Thursday said it has signed a pact to fully acquire Slovakia-based IAC Group. The company, however, did not disclose the financial details of the transaction. The company...
Board of Uno Minda gives in-principal approval for acquisition of stake in JV
The Board of Uno Minda at its meeting held on 06 August 2025 has in-principal approved the acquisition of equity shares in one or more tranches in Uno Minda Buehler Motor, a Joint-Venture (‘JV’) Company...
Tata AutoComp, Ichikoh to form JV to acquire Valeo’s lighting biz in India
Tata AutoComp Systems Ltd on Tuesday said it will form a joint venture with Japan’s Ichikoh Industries Ltd to acquire Valeo’s lighting business in India for an undisclosed sum. Valeo’s lighting...
Mahindra & Mahindra acquires majority stake in SML Isuzu for Rs 555 cr
Mahindra & Mahindra (M&M) has acquired 58.96% controlling stake in SML Isuzu with a total investment of INR 555 crore. SML Isuzu Ltd. will be renamed to ‘SML Mahindra Limited’ after regulatory approvals...
Tata Motors to acquire Iveco’s commercial vehicle business for €3.8 billion, excluding defence unit
India’s Tata Motors has agreed to acquire the commercial vehicle business of Italy-based Iveco Group through an all-cash offer valuing the company at approximately €3.8 billion ($4.4 billion), the company announced on...
