Tag: $Tata Motors

Shares in Iveco (IVG.MI), dropped as much as 6% on the Milan bourse in early market trade after the Italian truck maker sold its defence business to Leonardo (LDOF.MI), and the rest of the company to India’s Tata Motors (TAMO.NS).

Jaguar Land Rover’s Indian parent reported a lower-than-expected quarterly profit as a broader consumption slowdown in its home market hurt sales of cars as well as commercial vehicles.