Marc Llistosella, a former head of Daimler Truck AG Asia division and CEO of Mitsubishi Fuso Truck & Bus Corporation will take over as CEO at Knorr-Bremse in January 2023.

The partnership with Bobang will strengthen Knorr-Bremse’s e-motor capabilities and develop further competencies in automated driving and electrification whilst Bobang plan on expanding its commercial vehicle product portfolio.

Castertech adds to production capacity of metal components for axle systems in Schroeder, Santa Catarina, Brazil.

Master has strengthened its position in the markets of South America with construction of a new semi-automatic warehouse and further investment in its S Camshaft brake production facility.

The engine manufacturer has taken over the axle and brake specialist for a sum of USD3.7bn.

ZF do Brasil Ltda of Sorocaba has launched iEBS, ZF's intelligent trailer braking platform to bring greater stability, increased safety and operational efficiency of semi-trailers and tractor-trailer combinations to South America.

July sees ZF do Brasil Ltda start production of the TraXon transmission at its plant in Sorocaba, state of São Paulo.

Knorr-Bremse has announced that it has sold its 9.2% stake in Haldex to SAF-Holland, ending its financial interest in the Swedish brakes and suspensions manufacturer.

WABCO India, a part of ZF Group’s former Commercial Vehicle Control Systems Division has been officially renamed as ZF Commercial Vehicle Control Systems India Ltd (ZF CVCS India), after ZF’s acquisition of WABCO in May 2020.

Brembo SpA has expanded its offering of brake products for heavy duty applications across the truck, bus, and trailer segments. The firm states that it has introduced 100 new unique part numbers, including 67 new brake pads.

The powertrain and braking components manufacturer recorded strong revenues growth of 17% to USD1.2bn (USD983m) for the second fiscal quarter (and first calendar quarter (January to March)) of 2022.

The group's Commercial Vehicle Solutions division is designing the system specifically for urban applications, with the aim of preventing head-on collisions while also safeguarding passengers from the adverse effects of sudden and hard braking.