Truck and bus chassis and driveline part manufacturer, PE Automotive GmbH & Co KG, has acquired parts company, Monark Automotive GmbH together with the Monark brand for an undisclosed sum.

January 2020 saw Meritor Inc strengthen its electric drivetrain capabilities with its acquisition of all the remaining shares in Transportation Power Inc -  since 2010 a supplier of integrated drive systems, full electric truck solutions and energy-storage subsystems based in Escondido.

Volvo Group Venture Capital AB has invested an undisclosed sum in Autotech Ventures - an American venture capital fund based in Menlo Park focusing on start-ups in the ground transportation sector.

Ambulance body building specialist, Demers Ambulances Manufacturer Inc, has announced its expansion by acquisition of its strategic supply partner, Garage Carrey & Fils Ltd, a specialist in painting, maintenance and repair of automotive vehicles.

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.