The two companies have signed an exclusivity agreement with the deal expected to be finalised by late 2024. This acquisition will enhance JOST's portfolio, particularly in hydraulic systems used in transport, agriculture, and infrastructure industries.

The JV OEM is focused on developing advanced NECV technologies.

This sale is part of Knorr-Bremse's Boost 2026 strategy, aimed at optimising its portfolio and focusing more on its core competencies.

New model may replace Nissan Navara.

This increases Daimler’s European aftermarket network leading to greater vehicle uptime and therefore profitability for operators.

Siemens has agreed to install 73 charging points in Tuscany and equip over 120 logistics sites with charging infrastructure across Italy, following two deals announced earlier this month.

While the specific percentage of shares repurchased was not disclosed, ABB E-mobility continues to hold a significant stake in InCharge Energy. This deal gives InCharge more decision-making power over its future business operations.

Broshuis is a family-owned company specialising in the design and manufacture of trailers. The company produces semi-low trailers, low trailers and flat trailers.

Levin (President and CEO of Scania) takes over the function from Harald Seidel, President of DAF Trucks. He will work closely with ACEA President Ola Källenius (Mercedes-Benz Group AG chairman) who is serving in his first term.

Gonzalez will take up his role on 1 April, replacing Westport CEO Dan Sceli who leads the joint venture on an interim basis.

The Yutong T75e will come with an energy capacity of either 100 or 132 kilowatt hours, with the latter option providing a range of over 180 miles.

Scania has committed to supplying Weber this year with approximately 20,000 tonnes of used sand from its foundry in Södertälje, a waste byproduct from the casting of engine components which would ordinarily be sent to landfill.