JLR cuts 4,000 jobs: Tata Motors' luxury arm Jaguar Land Rover will slash roughly 4,000 roles (1 in 10 employees) over two years to save £1.7 billion as it pivots hard toward electrification with five new EV models coming.
Tata Motors bids for Iveco: The Indian auto giant launched an all-cash tender offer to acquire Italian commercial vehicle maker Iveco Group at €14.10 per share, valuing the deal at a hefty €3.82 billion.
