Sales revenues for the group increased by 17.5% over 2020, while reported earnings were EUR1.9bn, a 9% margin.

The Austrian manufacturer also increased production of trailers by 12% compared to 2020.

The Preset Plus eHub, which is designed to efficiently capture waste energy from braking, will become compatible with Meritor's suspensions, brakes, and tyre inflation systems for trailers.

Meritor will join Road Ready's partner network, meaning that data on Meritor truck-trailer components will be collected by the 'LogIQ' telematics network.

The manufacturer of refrigeration systems will expand its operations by adding nearly 300,000 sq ft to the existing structure by mid-2023.

Akron, Ohio-based Goodyear Tire & Rubber Co has announced its financial results for 2021. The firm reported net sales of USD17.5 billion, a 42% increase from the 2020 period, primarily due to its acquisition of Cooper Tire & Rubber Company, based in Findlay, Ohio.

Hankook Tire & Technology, based in Seoul, South Korea, has announced the official opening of a new test centre in Idiada, Spain, around 40 miles outside Barcelona. The test centre operates a highly automated testing process with an on-site team of around 20 people.

The axle and brake manufacturer achieved sales of EUR1.247bn in 2021, with improved performance across the globe.

Wieshofer, who joins the Austrian trailer manufacturer from Rosenhauer, will be responsible for restructuring international sales.

In this exclusive interview by Truck & Bus Builder, Christiaan Verschueren reveals ZF's ongoing development of an intelligent Electronic Braking System (iEBS) to complement future electrified and autonomous trailer products.

The agreement concerning the supply of axles, brakes, suspensions, and tyre inflation systems has been extended for a further five years.

100 commercial vehicle service facilities are now certified by ZF, which plans to add a further 150 new locations in the coming year.