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Tata Motors’ takeover bid for Iveco Group clears 80% acceptance threshold

Tata Motors' takeover bid for Iveco Group has reached 87.81% of the company's ordinary share capital, exceeding the minimum acceptance threshold of 80%. The offer is now unconditional, with shareholders receiving €14.40 per share. The acceptance period will reopen from November 2 to 6, ahead of the ...
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Mercedes-Benz will test ChatGPT AI tool in vehicle production

In addition, ChatGPT can support Mercedes-Benz quality engineers in identifying faults by clustering data. For example, with the help of ChatGPT, complex evaluation and presentations of production-relevant data and quality management are significantly simplified for employees.

BYD may start building electric vehicles in Brazil

According to Reuters, the Chinese company would rely on the support granted by the local government in order to 'fill the gap' left by Ford, which dismissed in 2021 its industrial complex in Northeastern State of Bahia, Brazil.
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