Electric van and bus manufacturing start up, Arrival Ltd of London, UK, on 24 March 2021 completed its previously announced merger with CIIG Merger Corporation of New York, NY, USA to become a publicly listed company trading on the Nasdaq Global Select Market with its ordinary shares and warrants listed under the new ticker symbols ‘ARVL’ and ‘ARVLW’, respectively.

REE Automotive Ltd of Tel Aviv, Israel, an electric ‘skateboard’ chassis builder - which integrates critical vehicle components into the arch of the wheel - and special purpose acquisition company, 10X Capital Venture Acquisition Corporation of New York, USA, are to merge following agreement in January for a business combination that would result in REE Automotive becoming a publicly listed company of the New York NASDAQ.

Jost-Werke AG of Neu-Isenburg, Germany, a manufacturer and supplier of coupling components for trucks and trailers has been bought by investment fund management company, sold Edbro Ltd of Bolton, UK to Enact and its fund manager, Endless LLP of Leeds, UK for an undisclosed sum.

Plus, a developer of self-driving truck technology, has entered into a definitive business combination agreement with Hennessy Capital Investment Corporation, a publicly traded special purpose acquisition company.

The Volvo Group of Gothenburg, Sweden has completed the previously announced sale of its Japanese truck and bus subsidiary, UD Trucks Ltd of Ageo, Saitama to Isuzu Motors Ltd of Tokyo, Japan for an enterprise value of JPY243bn (approximately SEK19bn / EUR1.86bn) on a cash and debt free basis.

Aludyne Inc of Southfield, Michigan has acquired the CastLight division from Shiloh Industries Inc of Valley City, Ohio. CastLight custom die casting solutions provides a full line of advanced engineered products in both aluminium and magnesium.

LIH, a division of Group I. Reidi & Cia Ltda of Cascavel, Paraná State, has bought the operational assets of Guerra S.A. of Caxias do Sul, which had been Brazil’s second largest trailer and body builder, until its bankruptcy in 2017.

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.