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.

Steel wheel and steel components producer, Iochpe-Maxion SA, is consolidating its North American steel wheels manufacturing operations from three plants to two.

Bus and coach manufacturer, NFI Group Inc, is introducing an initiative, called NFI Forward which, following the unforeseen and devastating impact of the COVID-19 pandemic on the industry, is designed to transition the business from a holding company to a fully integrated operating entity.

Spartan Motors Inc has changed its corporate name to The Shyft Group Inc following the divestiture of its Emergency Response business to the REV Group of Wisconsin.

Bus and coach builder, Alexander Dennis Ltd (a subsidiary of the NFI Group Inc) says circumstances have forced it to restructure its activities, predominantly because of the significant decline in UK demand for its products.

Entry into the commercial register of the local court of Aschaffenburg means SAF-Holland SE has completed the transfer of its registered office from Luxembourg to Bessenbach with full legal effect.

Commercial Vehicle Group Inc, a supplier of seating systems, electro-mechanical assemblies, engineered material products for the CV industry, has announced it is consolidating its manufacturing and distribution operations, which will see the closure of its 150,000 square foot facility in Piedmont; this action is in line with the company's cost reduction plan previously announced in mid-May 2020.