Tata Motors' Big Italy Move: ₹41,580 Crore Iveco Deal Gets Key Regulatory Approval

Tata Motors is moving closer to completing its proposed acquisition of Italy-based Iveco Group, marking a major step in the Indian automaker’s global commercial vehicle expansion. Italy’s market regulator, Consob, has approved the offer document submitted by TML CV Holdings B.V., the company involved in Tata Motors’ commercial vehicle business.

Tata Motors confirmed the development in a stock exchange filing on September 4, 2026. Consob granted its approval on September 3, marking one of the final major regulatory milestones for the proposed transaction.

The approval comes after the European Central Bank