Stoneridge Inc has announced it is to invest in a fund managed by Autotech Ventures, a venture capital firm focused on ground transportation technology, located in Menlo Park.

Hyundai Truck and Bus Rus (an official representative office and subsidiary of Hyundai Motor Company, established in February 2017) has started series assembly of the Hyundai HD35 and Hyundai35City light commercial vehicle range (with gross weights stated as 3.5 tons) at the Avtotor plant in Kaliningrad.

Since the beginning of this year, the operation of Foton Aumark do Brasil, now a wholly-owned subsidiary of the Foton Motor Group in Beijing, has gained the full support of the Chinese parent company, and it plans to intensify operations on the Brazilian market.

February sees Scania do Brasil Ltda start production of its new generation truck range at its plant in São Bernardo do Campo, which is approximately two years after launching the new models in Europe.