Sales revenues grew to EUR30.6bn, while the group's adjusted operating income was EUR1.6bn, a 5.2% return on sales.

Quantron's revenues increased by 500% over the year before to EUR10m.

The bus and coach group reported revenues of USD2.3bn for the entire year, a 3% decrease on the year before.

The specialty chassis and truck body manufacturer achieved sales of USD991.8m in 2021 and USD227.3m in Q4.

Akron, Ohio-based Goodyear Tire & Rubber Co has announced its financial results for 2021. The firm reported net sales of USD17.5 billion, a 42% increase from the 2020 period, primarily due to its acquisition of Cooper Tire & Rubber Company, based in Findlay, Ohio.

Internacional Hispacold SA (Hispacold), a subsidiary of Irizar Group SC headquartered in Seville, Spain, reported turnover increased by 28.6% to EUR46.3 million in 2021, up from EUR36 million a year earlier, which was mostly supported by growth in the rail segment of the business, but also from the e-bus segment.

Cummins Inc, based in Columbus, Indiana, has released its Q4 2021 and full-year financial results. Overall, the year saw total revenues grow by 21% from the same figure in 2020, for a total of USD24 billion. Sales from North America grew by 17% whereas international revenues grew by 27%.

According to IHS Markit, Volvo Trucks achieved a 42% share of the electric truck market in Europe, with 145 vehicles under the Volvo brand having been registered in 2021.

The axle and brake manufacturer achieved sales of EUR1.247bn in 2021, with improved performance across the globe.

Nikola reported net losses of USD159m in Q4 2021 and USD690m for FY 2021.

The Turkish commercial vehicle manufacturer achieved revenues of TRY4.5bn and net operating profits of TRY1.76bn.

The UK subsidiary of the Italian commercial vehicle manufacturer gave an update on the performance of the S-Way and Daily, while the SMMT discussed the effects of component shortages on vehicle production.