Motor and fan manufacturer, Ziehl-Abegg, has announced it has achieved another year of higher than average growth with sales increasing by 8.1% to EUR584m (provisional) compared with EUR540m in 2017.

Allison Transmission Inc has entered a partnership agreement with LHP Telematics to collaborate in development of remote fleet management telematics systems.

Battery and electric vehicle manufacturer, BYD Company, celebrated 20 years of operations in Europe at its European headquarters in Schiedam last December.

SSAB, the specialist steel producer with interests in Finland and across North America, is to introduce a new addition to its range of  1100 MPa Strenx performance steels at the Bauma event in Munich.

Bridgestone Europe NV, (a tyre making and distribution subsidiary of Bridgestone Corporation), and Iris Capital, a European venture capital firm, have entered a corporate partnership to investigate and invest in new mobility services, industry 4.0 and digital transformation technologies across Europe, the Middle-East and Africa region.

“Paccar reported record annual revenues and profitability in 2018 and has achieved an impressive 80 consecutive years of net income,” said Ron Armstrong, chief executive officer of Paccar Inc, truck builder under the Peterbilt, Kenworth and DAF Trucks brands.

Voith Group of Heidenheim, Germany has acquired a 56% majority stake in Swedish IT company, Pilotfish – a major provider of on-board IT systems and applications.

Volkswagen AG and Ford Motor Company have reached formal agreements relating to broad alliances designed to boost competitiveness and serve customers better.

Giti's claim this tyre follows a four-year design and test period on several different fleet types across various diverse sectors.

SAF-Holland GmbH has acquired a majority interest in PressureGuard LLC, a US specialist in automatic tyre pressure management.

Tenneco Inc has acquired Swedish specialist suspension system manufacturer, Ohlins Racing AB.

Tenneco Inc, which concluded its purchase of automotive component supplier, Federal-Mogul LLC, in October 2018, plans to separate its businesses to form two new, independent companies; an Aftermarket and Ride Performance company and a new Powertrain Technology company.