The German manufacturer of truck-trailer components acquired the remaining shares of Haldex which it did not already own on 1 March 2023, following an approved cash offer of SEK67.36 per share.

Algolux specialises in perception software to improve computer vision for advanced driver assistance systems and autonomous vehicles.

Juratek is an aftermarket supplier and maker of brake components - such as discs, brake pads, callipers, and actuators - for buses, trailers and trucks, under the brand names of Juratek and BettaParts.

The truck-trailer components manufacturer reported a revenue increase of approximately 25% over the previous year.

CEO of VIA Motors, Bob Purcell, together with VIA’s management team have been retained to lead the company.

IDV hope to build on Horiba Mira’s expertise in remote control, teleoperated and autonomous vehicle technology.

The automotive components supplier was acquired by private equity firm Apollo on 17 November for approximately USD7.1bn in cash.

Acquiring Intellic expands ZF’s current product and service offerings in the area of connected vehicle technologies - it envisages a single box (a ‘Connectivity Hub’) which will be able to reliably and accurately collect and relay data from multiple sources, including advanced driver assistance systems and electronic braking systems.

Randon trailers gains a foothold in the US trailer market with its purchase of the Hercules Chassis trailer company.

This follows an initial agreement of purchase/sale signed on December 17, 2018, for 80.1 per cent of the equity to be procured by Hitachi.

Now called Spruce Power, the erstwhile retrofit firm has divested from the vehicle industry to focus on providing residential solar energy and EV charging services.

The Dutch automotive corporation has entered negotiations to acquire a substantial stake in the Michelin-Faurecia joint venture and expects to complete the transaction within the first six months of 2023.