In a press release announcing its half-year results, VDL Groep stated its intention to “strengthen” its bus and coach subsidiary through North American access and the acquisition of Van Hool’s factory in North Macedonia, where it produced vehicles for the NA market.

Rane NSK Steering Systems Pvt Ltd was formed in 1997 as a joint venture with NSK, Japan

This sale is part of Knorr-Bremse's Boost 2026 strategy, aimed at optimising its portfolio and focusing more on its core competencies.

Volvo NA will take over CVG’s ‘Cab Structures’ business, including its assembly plant in Kings Mountain, North Carolina – which is where CVG assembles medium- and heavy-duty cabs for Mack Trucks – for approximately USD40m.

Bendix has finalised the sale of SafetyDirect, to Rand McNally for an undisclosed fee. According to Bendix, the company will still offer SafetyDirect integration with Bendix ADAS and brake systems, as connectivity remains an essential part of its strategy for advanced driver assistance system development.

The acquisition is expected to leverage the expertise of the Roberto Nuti Group to enhance SI Airsprings product offerings as well as strengthen its global market position.

Following the purchase of ESG, Terex intends to organise the brands into a new “Environmental Solutions” division, which will also include its existing utilities business.

Shyft says the acquisition will allow it to enter new markets and “capture a greater share of higher class-sized products”, particularly larger vehicles and complex service body upfitting.

The sale is still pending regulatory approval and is expected to close by Q1 2025. This is part of Goodyear’s plan to cut costs by streamlining its business operations.

Founded in 1984, Assali Stefen produces standard axles and components as well as self-steering axles and components for special applications.

Valeo says it will also be partnering with Seeing Machines to offer a “best-in-class” full system for interior sensing, available to the passenger car and commercial vehicle segments.

John Dunn, formerly of Proterra and now working for Phoenix, said that Proterra Transit continued to build buses during the Chapter 11 bankruptcy and a “large number” of customer contracts were carried over following the acquisition.