The Volvo Group of Gothenburg, Sweden has completed the previously announced sale of its Japanese truck and bus subsidiary, UD Trucks Ltd of Ageo, Saitama to Isuzu Motors Ltd of Tokyo, Japan for an enterprise value of JPY243bn (approximately SEK19bn / EUR1.86bn) on a cash and debt free basis.

Randon S/A Implementos e Participações has made its first export of platform semi-trailers to Senegal. The deal marks the resumption of export business to the African continent in 2021 for the trailer division and in May, there will be another shipment to Senegal, but this time of tank and tipping trailers.

LIH, a division of Group I. Reidi & Cia Ltda of Cascavel, Paraná State, has bought the operational assets of Guerra S.A. of Caxias do Sul, which had been Brazil’s second largest trailer and body builder, until its bankruptcy in 2017.

Ambev, the largest drinks manufacturer in Brazil, as part of its strategy to reduce its carbon footprint significantly says it plans to convert 102 of its diesel trucks used in city distribution operations to electric drive.

Dana Incorporated has signed a definitive agreement to purchase part of the thermal-management business of Modine Manufacturing Company's automotive segment.

Volvo Trucks Corporation says the time is right for a rapid upswing in electrification of heavy road transport vehicles. This outlook is based on the ability of Volvo’s electric trucks to meet a broad variety of transport needs.

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.

Hyzon Motors, a global supplier of hydrogen fuel cell powered commercial vehicles, has entered a strategic alliance with Australian energy supplier, Viva Energy.

The Lion Electric Company, a Canadian manufacturer of all-electric medium and heavy-duty urban vehicles, is investing in the construction of a battery manufacturing plant and innovation centre in Quebec.

Daimler Truck and engine manufacturer, Cummins, have signed a memorandum of understanding establishing a global strategic partnership for medium-duty engine systems.

Following a 12-month review of its UK and European operations, Manchester-based MWheels Ltd in the UK has rebranded as The Wheel Hub and Wheel HUB GmbH in Germany.

Isuzu Motors Ltd, Hino Motors Ltd and Toyota Motor Corporation, have agreed on a new partnership in commercial vehicles.