Dana Incorporated has signed a definitive agreement to purchase part of the thermal-management business of Modine Manufacturing Company's automotive segment.

Volvo Group has signed definitive agreements to acquire 60% of Designwerk Technologies AG, an engineering company in Winterthur, Switzerland which develops and sells electromobility products and engineering services.

The Goodyear Tire & Rubber Company has agreed terms to buy Cooper Tire & Rubber Company of Findlay, Ohio for approximately USD2.5bn.

Suspension specialist, Link Manufacturing Ltd of Sioux Center, Iowa, has reached agreement to buy the valve and suspension control product lines and related expertise from Michigan-based Hadley Products Corp. Hadley has been a manufacturer and supplier to commercial truck, bus, RV, military and special vehicle markets since the 1940s. Its brands include SmartValve Electronic Height Control System and Smart Air Management System (SAMS).

Shareholders of the US-based truck manufacturer, Navistar International Corporation, have approved the purchase price and offer made by Traton SE to acquire all the remaining common shares of Navistar at a price of USD44.50 per share in cash.

Dana has acquired Detroit-based Pi Innovo, a specialist in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle and off-highway markets.

Automotive components supplier, BorgWarner has reached agreement to buy Darmstadt-based battery producer, Akasol, stating the acquisition will expand its commercial vehicle electrification capabilities significantly.

Scania has purchased a truck manufacturing plant in China's Jiangsu province to serve as a regional production centre for heavy commercial vehicles.

Fusion Capital Holdings reached an agreement in September to acquire fellow bus manufacturer, Bustech Pty Ltd with Fusion taking control of both companies.

Anti-microbial material treatment specialist, Polygiene AB, in late December 2020 acquired Addmaster Holdings Ltd, making it a comprehensive supplier of anti-microbial solutions for both soft and hard surfaces.

The Shyft Group Inc has acquired F3 MFG Inc, a manufacturer of aluminium truck bodies and accessories light-duty trucks

A collaboration between commercial vehicle makers, Navistar Inc, General Motors Corporation and OneH2, a commercial supplier of hydrogen fuel, is introducing a complete solution for customer implementation of a hydrogen-powered zero-emission long-haul vehicle, to be initially piloted by J.B. Hunt Transport Inc.