This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

South Korean automaker agrees collaboration with local defense contractor.

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

Production under these contracts is slated to continue through the end of 2029, marking a significant long-term commitment to emissions reduction.

This development is particularly significant for the commercial vehicle (CV) sector, where affordable green hydrogen could accelerate the adoption of hydrogen-powered vehicles, especially in long-haul transport.

With the combined effect of these aerodynamic improvements, Volvo’s FH Aero model can reduce fuel consumption by up to 7% versus an unimproved FH model.

The new entity will operate as a joint venture (JV) between the two companies. For Iveco, partnering with DLL provides valuable expertise in asset financing and financial services, which it anticipates will help expand its asset leasing business.

It is less than a year since German automotive components giant Schaeffler merged with Vitesco Technologies Group to form a single “motion technology company”. Retaining the Schaeffler name, the new company is now in the process of combining the two product lines of Schaeffler and Vitesco together under a single brand. At the company’s stand at the Advanced Clean Transportation Expo – held between 28 April and 1 May in Anaheim, California – the two companies’ portfolios were nearly indistinguishable. It marked the first time that the newly-merged company presented itself as a supplier of comprehensive system solutions to the North American commercial vehicle market.

The agreement strengthens AEM’s footprint in Asia and coincides with a new trade agreement between the UK and India.

This accreditation means the bus can operate “on a planned route without a driver in the cab,” significantly expanding Karsan’s autonomous e-bus operations beyond existing deployments in Italy,  Switzerland and Finland.

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

Anirudh Bhuwalka, CEO of Blue Energy Motors, says the facility will produce zero-emission electric trucks using AI and machine learning technologies.