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Business News

Strategy/Policy

Spain

|

Strategy/Policy

Scania remains committed to bus & coach market despite bodybuilding divestment, says Johanna Salomonsson Lind

By Bradley Osborne – 22nd June 2023

T&BB spoke to Lind, who is Senior Vice President and Head of Bus and Coach at Scania, at the UITP Global Public Transport Summit in Barcelona, Spain earlier this month.

Russian Federation

|

Wheels & Tyres

Continental and Michelin sell Russian operations

By Luke Willetts – 13th June 2023

Continental has sold its Kaluga plant in Russia to S8 Capital, whilst Michelin has signed an agreement to sell two of its local companies, Michelin Russia Tyre Manufacturing Company and Camso CIS, to Power International Tires, one of Russia’s main tyre distributors.

Poland

|

Manufacture

Scania to cease bus body production at Polish facility

By Bradley Osborne – 6th June 2023

Bus body production will be gradually wound down in the first quarter of 2024, and the part of the plant where the bodies are made will be closed down.

Germany

|

Strategy/Policy

|

Appointment

Pepper Motion redefines itself as Tier 1 supplier as it changes its business & sales focus

By Bradley Osborne – 5th June 2023

The German retrofit firm said that the federal government’s funding programmes for commercial electric vehicles, which were launched in 2021 and provide money for retrofitting diesel vehicles, have not made an appreciable impact on customer choices.

South Korea

|

Electric Drive

|

Strategy/Policy

Volvo launches electric truck sales in South Korea

By Will Pulson – 5th June 2023

Volvo Trucks' says its e-truck sales already exceeds 5,000 units worldwide.

Germany

|

Restructure

Bosch to realign its automotive-supply business

By Luke Willetts – 29th May 2023

With this growing sector of the business, the aim is to have a dedicated team serving existing customers and growing the mobility business, with projected sales revenue expected to reach EUR 80 billion by 2029.

Thailand

|

Distribution & Aftermarket

|

Agreement

Inchcape to distribute Tata CVs in Thailand

By Jim Gibbins – 27th May 2023

Inchcape is a London, UK-based distribution company, which already sells Jaguar and Land Rover passenger vehicles in Thailand through separate dealer networks.

Japan

|

Product

|

Distribution & Aftermarket

|

Electric Drive

Isuzu launches EVision – a customer-focussed aid to buying a BEV

By Will Pulson – 26th May 2023

EVision is a new service from Isuzu to provide customers with the process of buying an electric vehicle.

USA

|

H2 IC Engines & Components

|

Product

|

Exhibitions & Conferences

Cummins showcases hydrogen engine truck at ACT Expo

By Bradley Osborne – 23rd May 2023

The truck – a Peterbilt Model 579 – featured a Cummins ‘X15H’ engine, providing up to 500 horsepower (372 kW) and up to 1,900 lb-ft torque.

South Korea

|

Mergers, Acquisitions & Disposals

|

Strategy/Policy

KG Mobility to acquire South Korean EV maker Edison Motors

By Will Pulson – 21st May 2023

The move to acquire Edison Motors is part of KG Mobility’s new parent company’s strategy to expand into the global automotive market, particularly in the fast-growing electric vehicle (EV) segment.

Thailand

|

Product

|

Electric Drive

Foton delivers first electric trucks to Thailand

By Will Pulson – 21st May 2023

Foton announces expansion plans in Thailand.

Japan

|

Product

|

Manufacture

Isuzu and UD announce jointly developed heavy-duty truck range

By Will Pulson – 20th May 2023

The new heavy-duty truck range is the first new product line to be developed jointly since Isuzu completed its USD2.2bn acquisition of UD Trucks from Volvo Trucks in April 2021.

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Truck & Bus Builder

Truck & Bus Builder is a specialist publishing company providing news and statistical analysis about the world commercial vehicle manufacturing industry.

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Truck & Bus Builder

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  1. Home
  2. World Regions
    • China
    • East Asia & Pacific
    • Europe & Central Asia
    • Latin America
    • Middle East & North Africa
    • North America
    • South Asia
    • Sub-Saharan Africa
  3. CV Segment
    • Bus & Coach
    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
    • Diesel Combustion
    • Fuel Cell Electric
    • Gas Combustion
    • Hybrid
    • Hydrogen Combustion
  5. Technology
    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
    • Associations, Consortiums, Market Analysts & Consultancies
    • Distribution & Aftermarket
    • eMaaS, Financial & Insurance Services
    • Engineering, Testing & Certification Services
    • Exhibitions & Conferences
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    • Retrofit & Refurbishment
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