According to Dr Stefan Hartung, Bosch Chairman, the company has made this acquisition in order to grow its electromobility business by reinforcing its semiconductor supply chain.

The dissolution decision follows a meeting of the Hino board on April 26, 2023.

Having displayed its product range in the USA at the recent Busworld North America event held in Detroit in February this year, T&BB caught up with James Fisher, Sales and Marketing Manager at Flettner Ventilator, for an exclusive interview regarding the company’s plans to expand into the American market and beyond.

This strategy falls under the company’s “long-term incentive plan” which will see Iveco offer stocks to executives, making it easier to attract top talent from around the world.

On 30 March, Schmitz Cargobull UK Ltd marked the official opening of its trailer assembly facility with a ribbon-cutting ceremony attended by customers and members of the press.

As part of its environmental services remit, MUT manufactures municipal truck bodies for waste collection, street cleaning, and sewer treatment.

Honda plans selling “next-generation” hydrogen fuel cell power systems for passenger cars, commercial vehicles and other applications by 2024.

Randon says it has expanded its portfolio of export products to the country; all its Tank and Dry Bulk semi-trailers are shipped CBU (Completely Built Up).

Indonesia is the world’s largest producer of palm oil and the government is keen to promote bio-diesel with 35% vegetable oil as a mainstream fuel in the country.

Volvo Buses plans to wrap up its operations in Wrocław by the end of the first quarter of 2024, affecting 1,600 jobs.

The proportion of vehicles sold with electric, hydrogen and hybrid drives increased from 41% to over half (55% - 823 versus 669 units with internal combustion engines), marking the first time in the company’s history that buses with alternative drives have outsold conventional ones. 

The brand organises a disparate set of different business operations which relate to transport and industry decarbonisation, including: fuel cell and battery manufacturing; electric powertrain products; and electrolysers for producing green hydrogen.