Knorr Bremse has announced Bernd Eulitz chairman and CEO of the Executive Board of Knorr Bremse AG, has resigned by mutual agreement effective August 31, 2020.

Knorr-Bremse AG has been awarded a supply contract by trailer and bus manufacturer, NEFAZ, a subsidiary of JSC KAMAZ (Kama Automobile Plant).

Braking and motion control systems and components supplier for rail and commercial vehicles, Knorr-Bremse AG, has concluded the purchase of steering systems specialist, R.H. Sheppard Co Inc for USD149.5m.

Knorr-Bremse AG has announced a high double-digit million Euro disc-brake supply extension contract with Europe’s biggest semi- trailer builder, Schmitz Cargobull AG of Horstmar, Germany.

The Supervisory Board has unanimously appointed Bernd Eulitz (53) to be the new CEO of Knorr-Bremse AG.

Knorr-Bremse GmbH, global braking systems provider and supplier of other subsystems for rail and commercial vehicles has signed an agreement to sell its Powertech business unit to Munich-based Radial Capital Partners. 

Munich-based braking system manufacturer, Knorr-Bremse AG is to collaborate with a major, as yet un-named, Chinese electric bus builder to supply customised EBS systems.

Knorr-Bremse AG is expanding its product portfolio for the aftermarket.