Fusion Capital Holdings reached an agreement in September to acquire fellow bus manufacturer, Bustech Pty Ltd with Fusion taking control of both companies.

Volvo Energy, is the name of a new business area within the Volvo Group in Gothenburg, which aims to strengthen the business life cycle of batteries as well as benefitting the customer by using ‘used batteries’ as a way of charging infrastructure.

Navistar International Corporation plans to sell its engine R&D testing facility and former engine manufacturing plant at Melrose Park in Illinois to a developer by the end of 2021 for redevelopment into a state-of-the-art industrial business park.

BrightDrop is the name of a new business division of General Motors Corporation through which it plans to offer an integrated ecosystem of electric products, software, and services for first to last mile operations.

The trailer manufacturing business of the Cartwright Group is unlikely to reappear from administration with debts exceeding GBP50m.

Ford Brasil Ltda, on Saturday, October 31, 2020, announced the completion of the sale of the São Bernardo do Campo plant to Construtora São José, a company specializing in logistics projects, and FRAM Capital, a company with extensive experience in resource management.

New Power is the name of a new division of Cummins Inc covering electrolyser technology for hydrogen production for industry and production of electricity using fuel cells for powering stationary and mobile applications, including trains, buses, trucks etc.

In its centenary year in Brazil, Ford Brasil Ltda surprised the market in February by announcing it is to close its factory in São Bernardo do Campo where it produces the Ford F-Series F-350 and F-4000 truck models and Ford Cargo truck, as well as the Ford Fiesta car, whose production will cease as soon as inventories run out.

The Alcoa brand, the  aluminium wheel manufacturing concern, since April 1, 2020, has been owned by Howmet Aerospace Inc of Pittsburgh, Pennsylvania.

Stuttgart-based Mahle GmbH is accelerating its group restructuring.

Alexander Dennis Ltd, the bus and coach building subsidiary of NFI Group Inc, has begun the formal consultation of its previously announced restructuring programme in response to the significant fall in demand for new buses and coaches in the United Kingdom as a result of the coronavirus pandemic. 

EnPro Industries Inc has entered into a definitive agreement to sell its Stemco Air Springs business unit, comprising Goodyear-licensed air springs, as well as Super Cushion and Spring Ride-branded air springs, to an affiliate of private equity firm, New York, USA-based Turnspire Capital Partners.