The company will also consolidate its shares, merging five existing shares into one. Essentially the number of shares outstanding changes from 73,088,382 to 14,617,676. This consolidation aims to stabilise the stock price and improve trading liquidity.

The 2025 version of the ‘SV Stepvan’ now comes with two new wheelbase options: 158 inches and 208 inches, in addition to the original 178-inch configuration.

In the last five years, Frasle says revenues associated with the sale of Controil extruded hoses, injected ducts and rubber components, such as bumpers, cushions and sealing items, have tripled.

TIP is trialling an electric regen axle system – developed jointly by Thermo King Europe and BPW – with a refrigerated semi-trailer in Britain.

The American manufacturer announced in September that it is adding two new third-party options to its semi-trailers: a lightweight brake drum from Accuride; and a liftgate battery charger from Schmitz Cargobull’s North American joint venture with Utility.

GTS Group will sell Nikola’s battery electric and fuel cell electric trucks from its Californian dealership, providing services and supporting customers in applying for state and federal incentives.

The B4 Chassis Cab electric truck has entered into series production at Bollinger’s facility in Livonia, Michigan. The B4 is a Class 4 medium-duty electric truck, specifically designed for the commercial fleet market.

The German manufacturer recently unveiled three new fire trucks: two with corrosion-resistant aluminium bodies, one with a body optimised for airport applications, and all with new driver display systems in the cab.

SKF intends to divide its Industrial and Automotive business segments, allowing them to operate as separate companies.

“By partnering with Phillips Connect, we are integrating innovative real-time tractor-trailer pairing validation directly into any workflow app, scaling a fleet’s existing setup without the need for complex change,” said Jake Fields, co-founder and CTO of Platform Science.

The Schiphol Group has ordered 52 of MAN’s ‘Lion’s City 12 E’ buses, capable of carrying up to 107 passengers.

The milestone model was an XF 6x2 tractor unit, with a load capacity of up to 74 tons.