Net revenue tipped the BRA 1 billion mark, representing a 16.6% increase on Q3 in 2023.

As part of its turnaround strategy and decision to outsource production and become an OED (Original Equipment Designer), the company announced a closed auction of bus, truck, and general automotive parts starting on Thursday, 23 January 2025.

When Jim Hutchinson – today the CEO and founder of Fusion Processing Ltd, an autonomous vehicle technology company based in Bristol – began his career in electronic engineering, he could not have imagined that the radar and sensor equipment he was working on would eventually be used to make buses and trucks that can drive themselves. “I can’t claim to have been that visionary [back then],” he told Truck & Bus Builder in an interview. The realisation dawned in the late 2000s, when Hutchinson saw that the growing need for sophisticated sensors in the automotive sector – used at that time for advanced driver assistance systems – would “ultimately” lead to self-driving vehicles navigating with a combination of cameras, radars, and other perception hardware.

Moreover, the group has signed a memorandum of understanding with the Canadian firm, agreeing to offtake 100,000 tonnes of spodumene concentrate per year over a ten-year term.

The Karsan Level 4 autonomous e-ATAK is set to start carrying passengers in Gothenburg between the Central Station and Liseberg Station in August 2025.

Isuzu Group strengthens UD Trucks sales operations in Kenya.

Cummins announced the continuation of a thirty-five-year long partnership with Ram Trucks with the supply of a new diesel engine for the Ram 2500, 3500, 4500, and 5500 models.

Glovis to use the HFC trucks for daily parts deliveries.

The South Korean province aims to replace its entire fleet of diesel-powered buses by 2030.

This was one of the largest single orders in the company’s storied history.

The order was placed in honour of Prevost’s one-hundredth anniversary which it celebrated in 2024.

Methanol-hydrogen hybrid electric vehicles are also being developed for freezing temperatures.