Tata To Acquire Iveco Group In EUR 3.8 Billion Deal

Tata To Acquire Iveco In EUR 3.8 Billion Deal, Will Improve The Brand’s Stock Prices

Tata Motors has announced an agreement to acquire Iveco Group in an all-cash deal worth approximately EUR 3.8 billion. Before finalising the deal, Tata Motors must separate Iveco’s defence business, excluding it from the acquisition. Tata Motors, through a new Dutch entity fully owned by the company, is making the offer.

Negotiations

Iveco’s Board has unanimously supported the offer and recommended shareholder approval at the upcoming extraordinary general meeting. Exor N.V., Iveco’s largest shareholder, has committed to tender its 27.06% stake in support of the acquisition. Tata Motors sets the offer price at EUR 14.1 per share, excluding dividends from the defence business sale.

The deal establishes a global commercial vehicle leader with annual revenues of EUR 22 billion and sales of 540,000 units. The combined business will span Europe, India, and the Americas with complementary portfolios and little market overlap. The companies aim to enhance sustainable mobility and operational scale across regions.

The offer includes two-year non-financial commitments on governance, employee protections, and business continuity. Iveco’s headquarters will remain in Turin, and no job cuts or factory closures are planned. Tata Motors will preserve the existing organisational structure and investments to ensure smooth integration and long-term competitiveness.

Regulatory approvals and completion of the defence business separation by March 31, 2026, are necessary for the transaction. If the sale does not occur, the business will be spun off into a new listed company. Tata Motors expects to close the offer in the first half of 2026, following all approvals.

After the acquisition, Tata plans to delist Iveco from Euronext Milan and make it a wholly owned subsidiary. Tata Motors will strengthen capital allocation, reduce volatility, and enable broader innovation in the commercial vehicle sector. Advisors include Goldman Sachs, Morgan Stanley, Clifford Chance, and PwC, among others.

Outlook

Tata Motors and Iveco mark a major milestone with this acquisition, combining their strengths to create a future-ready, global automotive powerhouse. The deal underscores both companies’ commitment to sustainable transport, strategic expansion, and industrial excellence.

The post Tata To Acquire Iveco Group In EUR 3.8 Billion Deal appeared first on MotorBeam.

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MG Completes Six Years In India – Special Deals On Hector & Astor

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The offers from MG Motor include limited period pricing, full on-road financing and EMI holiday schemes as part of the anniversary celebrations

MG Motor has completed six years in India and is celebrating the milestone by offering special anniversary deals on the Hector and Astor SUVs. The celebratory offers include limited period pricing, full on-road financing and EMI holiday schemes. The MG Hector Style base trim has been priced at Rs. 14.49 lakh while the Astor starts at Rs. 9.99 lakh (ex-showroom).

Having debuted in 2019 as the brand’s first model, the MG Hector boasts a long list of features including a large 14-inch HD infotainment screen, dual-pane panoramic sunroof, more than 70 connected features and a comprehensive ADAS suite. The Hector is also available in its Plus variant enabling a three-row configuration. It is powered by a 1.5L petrol and a 2.0L diesel engine.

The Astor, on the. other hand, comes with over 50 built-in safety features, 14 ADAS functionalities, ventilated front seats, wireless phone integration, an auto-dimming IRVM, and the i-Smart 2.0 interface offering upwards of 80 connected features. The midsize SUV made its local debut in late 2021 and is one of the feature-packed offerings in its segment.

Beginning with the Style variant at Rs 14.49 lakh, the Hector Shine Pro trims scale up to Rs 18.51 lakh for the diesel MT while the Select Pro versions touch Rs 18.84 lakh. For buyers looking at more top-end features, the Smart Pro and Sharp Pro variants stretch up to Rs 21.09 lakh depending on the powertrain.

Meanwhile, the special Blackstorm and Snowstorm editions command prices as high as Rs 21.41 lakh. The Savvy Pro CVT variant sits right at the top at Rs 21.49 lakh. Moving to the Hector Plus, the 6-seater’s diesel Sharp Pro variant peaks at Rs 21.69 lakh with Blackstorm and Snowstorm editions climbing to Rs 22.01 lakh. The 7-seater versions start at Rs 17.19 lakh for the Style diesel MT – reaching up to Rs 22.09 lakh for the Savvy Pro CVT.

The Sharp Pro remains a consistent top-tier option across both 6- and 7-seat layouts while the Smart Pro diesel stays just under Rs 20.2 lakh. On the Astor side, pricing begins at Rs 9.99 lakh for the Sprint variant and climbs to Rs 15.69 lakh for the Savvy Pro finished in ivory or sangria red. Commenting on the brand reaching six years of operations in India, Vinay Raina, Chief Commercial Officer, JSW MG Motor India, said,

“MG has been at the forefront of redefining customer experiences by offering unique and outstanding sales and after-sales initiatives. This opportunity for saving more on the MG Hector and Astor SUVs, which have clocked over 8 billion kilometers on Indian roads, is a true testament to our customer-centric approach.”

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Top EV Car Brands July 2025 – Tata, Mahindra, MG, Hyundai, BYD

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Tata Motors finished on top of electric car sales in July 2025 ahead of MG, Mahindra, Hyundai and others

In the month of July 2025, the electric passenger vehicle segment’s total volume grew to 15,295 units. The market witnessed an overall year-on-year expansion of around 91 per cent while momentum from June carried forward into a modest 10 cent sequential increase. Tata Motors managed to retain its pole position recording 5,972 EVs through the month – enough to give it nearly 40 per cent share of the space.

However, JSW MG remained a close second with 5,013 units accounting for 33 per cent of the market. For context, cumulative volumes for Tata in the ongoing financial year have now crossed 20,000 units while JSW MG’s share of April–July FY26 sales stands at 30.5 per cent. Mahindra & Mahindra continued to post gains too albeit in smaller absolute numbers.

With 2,789 units registered, the brand registered an astonishing 435 per cent increase over the same period last year courtesy of the arrival of the new born electric range. A 13 per cent dip from June’s numbers, however, brought some correction into the monthly trend-line. Still, Mahindra’s year-to-date performance translates to a 21.6 per cent contribution to the total EV market in FY26 so far.

Also Read: 4 Upcoming Hyundai Electric & Hybrid SUVs In India – Key Details

Rank	OEM	Sales In July 2025
1	Tata Motors	5,972
2	MG Motor	5,013
3	Mahindra	2,789
4	Hyundai	602
5	BYD	453
6	BMW	225
7	Mercedes-Benz	85
8	Citroën	41

Hyundai’s tally of 602 units reflected a steady climb over the previous month – an 11 per cent uptick to be precise. Though modest in scale, the Korean manufacturer has been quietly consistent with its numbers this fiscal. As for BYD, the Chinese brand recorded a minor month-on-month drop of ten per cent to finish at 453 units but still posted a 27 per cent jump compared to July last year.

BMW followed with 225 cars sold – flat against June but nearly three times its performance from the same month in 2024. Mercedes-Benz registered 85 units dipping slightly month-on-month but its year-on-year improvement remains strong. Citroën, on the other hand, faced a steep double-digit decline from June and a sharp seventy-four per cent fall compared to last year, with just 41 EVs retailed.

Also Read: More Compact BYD Atto 2 Electric SUV Caught Testing In India

Overall, April to July 2025 cumulative volumes have reached 55,816 units. While Tata and JSW MG remain locked in a two-way contest for dominance, Mahindra’s aggressive push with the XUV400 and the introduction of the XEV 9e and BE6 could potentially disrupt the upper end of the table in the quarters to come.

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Top 10 Electric 2W Brands In July 2025 – TVS, Bajaj, Ather, Ola, Vida, River

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In July 2025, TVS led the electric two-wheeler sales in India ahead of Bajaj Auto, Ola Electric and Ather Energy

Sales data for July 2025 points to a market still leaning heavily on a handful of manufacturers with TVS Motor Company retaining its position at the top courtesy of the iQube series. The company recorded 22,242 units sold last month according to Vahan data – keeping a narrow lead ahead of Bajaj Auto which ended July with 19,669 electric two-wheelers dispatched.

The margins separating the front runners may not be vast but the rankings below suggest a struggle for traction among other players. Ola Electric found itself in third place with 17,850 units ahead of Ather Energy which closed the month at 16,241 units. The former has commenced deliveries of its Roadster e-motorcycle range across India.

Meanwhile, Ather has been buoyed by the good reception for its Rizta. Hero MotoCorp’s Vida, which once appeared set to challenge the top three ended the month with 10,495 registrations. The recent arrival of the more affordable VX2 series could help attract more volumes during this festive season. Further down the chart, Greaves Electric was the only other brand to breach the 4,000 unit sales mark.

Also Read: New Kinetic DX Electric Scooter Launched At Rs. 1.11 Lakh

Rank	Top 10 Electric 2W Brands	Sales In July 2025
1	TVS Motor Company	22,242
2	Bajaj Auto	19,669
3	Ola Electric	17,850
4	Ather Energy	16,241
5	Hero Vida	10,495
6	Greaves Electric	4,197
7	Pur Energy	1,688
8	Bgauss Auto	1,595
9	River Mobility	1,518
10	Kinetic Green	1,225

It registered 4,197 units staying well ahead of the bottom four. Beyond that point, the market thins out quickly. Pur Energy saw 1,688 units in July just ahead of Bgauss Auto which managed a total of 1,595 units. River Mobility followed with 1,518 units thanks to its Indie scooter and brand expansion while Kinetic Green rounded off the top ten with 1,225 vehicles.

Yamaha is expected to step foot into the electric mobility space with a zero-emission scooter based on the Indie in the near future. Taken together, these numbers once again underline the sheer dominance of the top five who accounted for the lion’s share of total volumes in the electric two-wheeler segment.

Also Read: 7 Upcoming Electric Car Launches In India By 2025-26

The data also reflects the wide gap between established layers and smaller manufacturers still trying to consolidate visibility. While July did not witness any dramatic changes at the top, the narrowing differences in sales across the top four brands suggest a more compressed competitive field heading into the latter half of the year.

The post Top 10 Electric 2W Brands In July 2025 – TVS, Bajaj, Ather, Ola, Vida, River appeared first on Gaadiwaadi.com - Latest Car & Bike News by Surendhar M.

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Top 5 Budget Cars Under Rs. 10 Lakh In India

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This article lists the best 5 cars with the highest value-for-money quotient under Rs 10 lakh in the Indian market

The Indian auto industry is quite a price conscious one as buyers tend to opt for value-for-money models rather than choosing swanky cars with lavish features. Most of the vehicles featuring constantly in the list of highest-selling models in the domestic market fall below the price tag of Rs 10 lakh. Hence, in this piece, we will talk in detail about the top 5 budget cars under Rs 10 lakh in India.

1. Maruti Baleno

Being on sale in the Indian market for the past decade, Maruti Baleno is considered one of the most value-for-money hatchback due to the amount of comfort and features it is offered with. The premium hatch is available in four grades namely Sigma, Delta, Zeta and Alpha while priced between Rs 6.74-9.96 lakh (ex-showroom).

It is presented in petrol and CNG fuel trims with manual gearbox as standard while AMT unit is on offer with higher trims of petrol engine. Recently, Maruti standardized 6-airbags across the entire variant line-up of the Baleno.

Also Read: Maruti Suzuki Sells 1.80 Lakh+ Units In July 2025 – Exports Surge

2. Tata Punch

Being the highest-selling model of 2024, Tata Punch debuted in Oct 2021 in the domestic market in India. The micro-SUV is retailed in a total of 31 variants with manual and AMT gearbox options in petrol and CNG trims across ten grades namely Pure, Pure (O), Adventure, Adventure+, Adventure Sunroof, Adventure +Sunroof, Accomplished +, Accomplished +Sunroof, Creative +, and Creative +Sunroof.

Priced in the range of Rs 6.20-10.17 lakh, Tata Punch gets a plethora of features such as Voice-assisted Electric Sunroof, Auto Headlamps, Rain Sensing Wipers, Wireless Charger and Cruise Control. Sadly, it misses out on 6-airbags even as an option.

3. Maruti Swift

It won’t be an understatement to term the Swift as the country’s most loved small car as it just completed two decades in the Indian market. It is retailed only with a petrol engine across five derivatives namely Lxi, Vxi, Vxi (O), Zxi and Zxi+ in a price bracket of Rs 6.49-9.50 lakh (ex-showroom). Besides the opulent features, Maruti Swift returns mileage of 24.80 kmpl and 25.75 kmpl with the manual and automatic (AMT) grades, respectively. The hatch is equipped with 6-airbags as standard safety fitment across all the variants.

Also Read: Upcoming Maruti Suzuki Escudo To Be Packed With Premium Features

4. Hyundai Venue

Hyundai Venue, the only SUV model in this list, comes in a price bracket of Rs 7.94-13.53 lakh (ex-showroom, Delhi) in the domestic market. It is available in both petrol and diesel fuel trims with a total of three engines: 1.2L Kappa petrol (5-speed manual), 1.0L turbocharged petrol (6-speed manual and 7-speed DCT auto) and 1.5L CRDi diesel (6-speed manual).

Some of the notable features onboard include Dashcam with dual camera, Drive modes (Normal, Eco and Sport), Smart Electric Sunroof, Ambient Lighting, Auto Healthy Air Purifier, 6-Airbags and ADAS suite.

5. Maruti Fronx

The Fronx crossover was launched in April 2023 in a price bracket of Rs 7.59-13.11 lakh (ex-showroom) in the Indian market. It’s been around two and a half years since it went on sale in India and the Fronx has already shattered multiple records, which includes becoming the fastest SUV to clock 1 lakh exports from India.

It is packed with premium features in the form of Cruise Control, Head Up Display, Wireless Charging, 360 Degree View Camera and Rear AC Vents. Maruti Fronx is sold with two petrol engines: 1.0L turbocharged Boosterjet and 1.2L K-Series Dual-jet. The crossover gets a 6-speed AT unit with paddle shifters.

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Upcoming Brand New 7-Seater Cars In India – Mahindra To Hyundai

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Nissan will launch an all-new affordable 7-seater MPV in India in the first quarter of 2026

The 7-seater car segment is expected to grow in the coming years. The growth will be further accelerated by the launch of new models in the coming years. The 7-seater cars get the advantage of an extra pair of seats, more space for family outings and a comfortable cabin experience. In line with this, let’s look at the upcoming brand new 7-seater cars in India.

1. Mahindra XEV 7e

Mahindra is preparing to launch an all-new 7-seater electric SUV in India. Dubbed the XEV 7e, it is essentially the electrified version of the XUV700. Expected to launch by the end of 2025, the EV SUV will be based on the INGLO skateboard platform, shared with the XEV 9e and BE 6. The XEV 7e will likely be offered in two battery pack options, i.e. 59 kWh and 79 kWh, with rear-wheel drive as standard. We expect the XEV 7e to get both 6-seater and 7-seater configurations at the time of launch.

Also Read: 5 All-New Mahindra Cars Set To Debut This Month – All Key Info

2. Renault Boreal

Renault has already debuted the Boreal SUV globally, and it is expected to go on sale in India in the second half of 2026. Based on the Dacia Bigster, the Boreal will likely be offered in a 7-seater configuration in the domestic market. Measuring 4,556 mm long with a wheelbase of 2,702 mm, the SUV is underpinned by the CMF modular platform. Internationally, the Renault Boreal is powered by a 1.3-litre turbo petrol engine, available in both petrol and flex fuel guise. The engine is mated to a 6-speed DCT automatic gearbox.

3. MG Majestor

Upcoming Majestor

The much-awaited MG Majestor will likely be launched in the coming months, most likely around the festive season. The 7-seater full-size SUV is the facelifted model of the Gloster, featuring a refreshed exterior design, which resembles the Maxus D90 SUV sold in international markets. It will be powered by the familiar 2.0-litre twin-turbo diesel engine, putting out 216 bhp and 479 Nm of peak torque. It will be paired to an 8-speed automatic gearbox, channelling power to the rear wheels, with 4WD as an option.

Also Read: 4 Upcoming Renault-Nissan Cars In 2025-2026

4. New Nissan 7-Seater Compact MPV

The Nissan 7-seater MPV is confirmed in the Indian market for the first quarter of 2026. It will be based on the Renault Triber, sharing the CMF-A platform. Previously, the company also shared a teaser, which highlighted the modern and upmarket design of the upcoming MPV. The Nissan 7-seater MPV will likely be powered by the familiar 1.0-litre 3-cylinder naturally aspirated petrol engine putting out 72 bhp and 96 Nm of peak torque, mated to a 5-speed manual and an AMT gearbox.

5. Hyundai 7-Seater Hybrid SUV

Global Tucson Hybrid

Hyundai is currently working on a new 7-seater hybrid SUV for the Indian market. Internally codenamed Ni1i, we expect it to be positioned above the Alcazar in the brand’s line-up. Rivalling the likes of Mahindra XUV700 and Tata Safari, the three-row SUV will get a strong hybrid powertrain, which will be shared with the next-gen Creta. While the exact launch timeline is not available, the new Hyundai 7-seater SUV is expected to debut sometime in the year 2027.

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Hyundai’s Next Big Launch Is New Venue – New Design & Features

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The new-gen Hyundai Venue will be launched in Oct 2025 during the festive season of Diwali in the Indian market

Hyundai India reclaimed the second spot from Mahindra in the domestic sales of July 2025. The South-Korean automaker is gearing up to launch its biggest model of 2025 in the Indian market. Yes, you read it right. We are talking about the new-gen Hyundai Venue which is scheduled to launch during the Diwali 2025 in October. The SUV has already been spotted multiple times on the Indian roads during its test runs. The new-gen Venue will come with major design makeover and new features while retaining the same engine and gearbox choices.

New-Gen Hyundai Venue Design

The new-gen Venue SUV will flaunt Quad-LED headlamps and connected DRLs upfront for the first time. This lighting setup is inspired by the current model of the Creta SUV. There will be L-shaped LED lights positioned below the headlamp units which reminds us of the first-gen Palisade SUV. The parametric front grille has gone for a toss in favour of an open unit with rectangle-shaped slats.

Also Read: Hyundai Plans 26 New Cars For India (Including 6 EVs) – What Are They?

Source: anurag choudhary/youtube

The SUV will ride on newly-designed 16-inch alloy wheels while a few other notable styling updates will include thicker cladding around wheel arches, flatter window line and longer rear spoiler. It has been learnt that the new-gen SUV will feature Level 2 ADAS tech, all four disc brakes and front parking sensors. For reference, the current model of Hyundai Venue gets Level 1 ADAS suite.

New-Gen Hyundai Venue Features

hyundai creta

The interior cabin and feature details are not available in public domain yet. However, we expect the new-gen Venue to borrow a lot of stuff from the Creta and Alcazar. The SUV is likely to come with panoramic sunroof, bigger touchscreen infotainment system, advanced driver’s digital display, and ventilated seats. It might also get a redesigned dashboard and new interior upholstery.

Also Read: 4 Upcoming Hyundai Electric & Hybrid SUVs In India – Key Details

New-Gen Hyundai Venue Engine Specs

The new-gen Venue will remain mechanically unchanged. It will continue to be powered by the same 1.2L petrol engine which develops top power of 82 bhp while aligned with a 5-speed manual gearbox. In addition, the 1.0L turbocharged petrol engine will also be at the helm with power output of 118 bhp. It comes with a 7-speed DCT automatic unit.

The 1.5L diesel engine is also likely to be retained with the new-gen model without any updates. It generates max power of 114 bhp while available only with a 6-speed manual transmission. It is not confirmed yet but Hyundai might debut AT & iMT gearbox options with the petrol and diesel variants of the new-gen Venue, identical to the Creta.

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