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Tata Motors finds task cut out for Iveco turnaround after twin losses

Negative-13

GreyOak summary

Tata Motors has assumed control of Iveco, an Italian truckmaker that recorded a €45 million loss in the July-September quarter. This marks the second consecutive quarterly loss for Iveco this year and the first time since its 2022 listing that it lost money in two quarters of the same calendar year.

What it affects

  • Tata MotorsTMCVNegative -13

    Tata Motors faces challengesRolling sentiment Positive +30

Source

Read the original at Mint

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