Volvo Group Venture Capital AB has invested an undisclosed sum in Next Gear Ventures of Tel Aviv, Israel – a venture capital fund sourcing start-ups for interaction with global transport industry companies.

UD Trucks Corporation has joined forces with Japanese logistics firm, Nippon Express, and Hokkaido-based agriculture cooperative, Hokuren, to bring autonomous driving technology to farm equipment.

Scania has added a more powerful 540 hp version of its 13-litre diesel engine option to its range.

Automotive Axles Ltd has opened a new USD36.5m axle assembly facility along with a new state-of-the-art research and development centre in Mysore.

Hyundai’s range of medium-duty trucks assembled at the Avtotor plant in Kaliningrad is to be broadened and extended with the market introduction of Hyundai’s range of medium-duty trucks known as Mighty.

Engine retardation specialist, Jacobs Vehicle Systems, has entered into a collaboration with internal combustion controls company, Tula Technology Inc.

With revenues forecast to reach EUR11.6m in 2019, this will represent growth of some 7.4% over EUR10.8m registered in 2018 at bus and coach premium quality windscreen specialist, Finn Lamex Safety Glass Oy.

Iteris Inc, a specialist in applied informatics for transportation and agriculture, has completed its acquisition of Albeck Gerken Inc.

Cummins Inc has entered a multi-year partnership with the University of California San Diego and its battery validation lab to analyse viable business and technical approaches for the effective reuse and repurposing of electric vehicle batteries.

CNH Industrial NV announced a five-year 2020 – 2024 business plan called ‘Transform 2 Win’ at its Capital Markets Day event in New York in early September, presenting a detailed strategy to transform the company’s structure and performance to empower its five operating segments in achieving their full potential.

UVeye, a provider of automatic external inspection of vehicles, has reached the final stage of the Singapore Mobility Challenge with its Artemis tyre inspection system and now plans to supply it globally.

Ford Otomotiv Sanayi A.Ş, the joint venture between Ford Motor Company and Koç Holding, has signed an agreement with European truck and trailer rental and leasing giant, TIP Trailer Services, for aftersales services in western Europe.