Iveco Group N.V. has begun trading on the Euronext Milan exchange, as of January 3rd, 2022.

Daimler Truck has begun trading as a separate entity to Daimler after it listed on the Frankfurt Stock Exchange.

The German automotive corporation will spin off its various truck and bus brands into a separate company, which will be focused solely on the commercial vehicle industry.

Component and mobility systems manufacturer, ZF Group, reported a strong recovery in sales during the first six months of 2021, generating revenues of EUR19.3bn compared with EUR13.5bn in January to June 2020, which was significantly impacted by the Covid-19 pandemic.

The ZF Group of Friedrichshafen, is to restructure its commercial vehicle operations by combining its Commercial Vehicle Technology and Commercial Vehicle Control Systems divisions from January 1, 2022, into one.

Electric vehicle builder, Lightning eMotors, formerly headquartered in Loveland, Colorado has combined its business operations with Private-to-Public Equity (PPE) technology company, GigCapital3 Inc of Palo Alto, California to become listed on the New York Stock Exchange (NYSE).

REE Automotive Ltd of Tel Aviv, Israel, an electric ‘skateboard’ chassis builder - which integrates critical vehicle components into the arch of the wheel - and special purpose acquisition company, 10X Capital Venture Acquisition Corporation of New York, USA, are to merge following agreement in January for a business combination that would result in REE Automotive becoming a publicly listed company of the New York NASDAQ.

Plus, a developer of self-driving truck technology, has entered into a definitive business combination agreement with Hennessy Capital Investment Corporation, a publicly traded special purpose acquisition company.

In preparation for its spin-off from Daimler AG and an independent listing on the Frankfurt stock exchange planned for late 2021, Daimler Truck AG has announced the composition of its new Board of Management and a series of significant management and organisational changes, set to take place as of July 1, 2021.

Specialist vehicle design and manufacturing group, Woodall Nicholson Holdings Ltd (WNHL) of Bolton, UK, which builds light- and medium-duty commercial vehicles under various brand names (which include Mellor Bus, Trekka Bus and VCS, see below) has added a fourth division to its group portfolio.

Knorr-Bremse AG, braking systems specialist and supplier of other technologies for rail and commercial vehicle systems, is to meet the challenge of electric mobility by bundling its existing expertise within eCUBATOR, a new development unit.

Daimler AG is looking to spin-off its truck and bus business, which operates currently as Daimler Truck AG.