Fiat Powertrain Technologies Industrial or FPT Industrial of Turin, the global powertrain brand of CNH Industrial NV, last month announced its agreement to acquire 100% of Dolphin N2, a start-up company formed in 2017 specializing in innovative internal combustion engine technology from global strategic engineering and environmental consultancy, Ricardo plc .

Electric truck builder, Workhorse Group Inc, has entered into an intellectual property licensing agreement with Lordstown Motors Corporation - a private corporate entity founded by former Workhorse CEO, Steve Burns.

On display at the stand of Navistar Inc, at the North American Commercial Vehicle show in Atlanta last month was the Scania XT construction truck with tipper body.

Dana Corporation has announced its majority-owned electric motor subsidiary, Dana TM4, has taken full control of TM4’s former joint venture company with Prestolite in China.

Following news in the last issue of Truck & Bus Builder (October 2019) announcing the collapse of the Wrights Group of Ballymena, Bamford Bus Company Ltd, a newly formed subsidiary company of AB&C Manufacturing Ltd (2006) set up and owned by Joseph Bamford, on October 22, 2019 announced it had acquired Wrightbus.

Cummins Inc has concluded its purchase of fuel cell and hydrogen production technologies provider, Hydrogenics Corporation.

Allison Transmission Holdings Inc has acquired the assets and certain liabilities of two companies, Walker Die Casting Inc, and C&R Tool and Engineering.

Brazil’s largest independent vehicle assembler and distributor of Hyundai and more recently Chery cars, CAOA Grupo has bought the Ford Motor Company factory in São Bernardo do Campo.

Hino Motors in July acquired all outstanding shares in its Argentinean distributor, Hino Motors Sales Argentina SA. The Buenos Aires-based company was subsequently renamed Hino Sales Argentina and became a consolidated subsidiary of the Japanese truck-making group.

Meritor Inc has completed its acquisition of AxleTech from global investment firm The Carlyle Group.

Dana Incorporated has completed the acquisition of Nordresa Motors Inc, an integration and application engineering expert for the development and commercialisation of electric powertrains for commercial vehicles.

Valvoline Inc has signed a definitive agreement to acquire certain business assets of Minit Lube.