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Business News

Mergers, Acquisitions & Disposals

USA

|

Mergers, Acquisitions & Disposals

Dana to sell its Off-Highway business to Allison

By Luke Willetts – 9th July 2025

This decision is part of a broader strategy to focus on Dana's core competencies in light and commercial vehicle markets. The sale is expected to strengthen Dana's balance sheet and unlock untapped shareholder value.

Trane Technologies acquires Thermo King dealer in Belgium and Luxembourg

Belgium

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Luxembourg

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Mergers, Acquisitions & Disposals

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Distribution & Aftermarket

Trane Technologies acquires Thermo King dealer in Belgium and Luxembourg

By Bradley Osborne – 5th July 2025

Phinia to acquire Swedish manufacturer of ignition systems for alternative fuels

USA

|

Sweden

|

Mergers, Acquisitions & Disposals

Phinia to acquire Swedish manufacturer of ignition systems for alternative fuels

By Bradley Osborne – 4th July 2025

REV Mobilities acquires Iveco bus retrofit company

France

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Mergers, Acquisitions & Disposals

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Retrofit & Refurbishment

REV Mobilities acquires Iveco bus retrofit company

By Bradley Osborne – 2nd July 2025

Plus to go public through SPAC merger in late 2025

USA

|

Mergers, Acquisitions & Disposals

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Autonomous Vehicles

Plus to go public through SPAC merger in late 2025

By Bradley Osborne – 18th June 2025

USA

|

Mergers, Acquisitions & Disposals

Goodyear to sell majority in its chemical business

By Luke Willetts – 15th June 2025

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

Italy

|

Mergers, Acquisitions & Disposals

Iveco sells 51% stake in GATE to a Dutch finance company

By Luke Willetts – 13th June 2025

The new entity will operate as a joint venture (JV) between the two companies. For Iveco, partnering with DLL provides valuable expertise in asset financing and financial services, which it anticipates will help expand its asset leasing business.

Japan

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Mergers, Acquisitions & Disposals

Free Article

Fuso and Hino to finalise merger plans in 2026

By Luke Willetts – 11th June 2025

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

USA

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Mergers, Acquisitions & Disposals

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Wheels & Tyres

Goodyear confirms Dunlop sale to Sumitomo Rubber Industries

By Luke Willetts – 28th May 2025

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas. This sale follows Goodyear's recent divestment of its Off-the-Road equipment tyre business to Yokohama Rubber for USD 905 million last year.

France

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China

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Mergers, Acquisitions & Disposals

Safra taken out of receivership through Chinese acquisition

By Bradley Osborne – 27th May 2025

Wanrun’s bid was selected because it proposed to maintain all of Safra’s current business activities and to keep 120 out of 169 jobs going through a “clear investment plan”.

India

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Mergers, Acquisitions & Disposals

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Strategy/Policy

Free Article

Mahindra to buy majority stake in SML Isuzu

By Jim Gibbins – 16th May 2025

The move gives M&M a larger share of the CV market above 3.5 tons with multiple synergies for growth.

UK

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USA

|

Mergers, Acquisitions & Disposals

TI Fluid Systems to merge with ABC Technologies

By Bradley Osborne – 14th May 2025

ABC Technologies has stated that the new company will be a “stronger, more diversified Tier-1 manufacturer” with “global scale and local reach”.

UK

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Mergers, Acquisitions & Disposals

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Aftermarket

Van Hool Industrial Vehicles acquires British tanker services firm and establishes new UK & Ireland subsidiary

By Bradley Osborne – 13th May 2025

This follows the acquisition of Tankcare Engineering Ltd, an aftermarket firm based in Wisbech, England.

Australia

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Mergers, Acquisitions & Disposals

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Distribution & Aftermarket

Volvo expands distribution network in Western Australia

By Bradley Osborne – 11th May 2025

After acquiring the company for an undisclosed sum, Volvo has expanded its network by eight locations, growing its total number of distribution sites in the country to fourteen.

USA

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Mergers, Acquisitions & Disposals

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Battery Systems, Supercapacitors & Solar

Carrier Transicold buys Addvolt

By Luke Willetts – 9th May 2025

This was after an initial investment in 2022 by the company’s venture capital arm, Carrier Ventures. The company will integrate Addvolt’s battery systems into its refrigeration units and absorb all 60 employees into the Carrier Climate Solutions Transportation segment.

India

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Mergers, Acquisitions & Disposals

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Joint Venture

SAF-Holland acquires outstanding stake in Haldex joint venture with Anand Group

By Bradley Osborne – 8th May 2025

SAF-Holland said that taking over Anand’s portion in the Haldex joint venture will simplify the localisation of the entire Haldex product portfolio in India.

Germany

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Mergers, Acquisitions & Disposals

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Connectivity

Daimler Buses acquires 49% stake in German software company Sinos

By Luke Willetts – 7th May 2025

Daimler Buses and Sinos have been collaborating since 2022, with Sinos providing its proprietary software to support Daimler’s fleet electrification efforts. This acquisition formalises that relationship, enabling Daimler Buses to offer its customers customised, long-term digital solutions for electric fleet operations.

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  1. Home
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    • Truck & Van
  4. Driveline
    • Battery Electric
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    • Fuel Cell Electric
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    • Hydrogen Combustion
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    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
    • Associations, Consortiums, Market Analysts & Consultancies
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