Research expected to open up new markets for KGM.

The new production unit is being built for the manufacture of Accelo and Atego trucks, and Mercedes-Benz’s OH and OF bus chassis.

Mercedes-Benz Trucks y Buses Ltda is investing in warehousing and manufacturing in Argentina.

Together with its financial and legal advisors, Nikola assessed “available and credible alternatives” that would allow it to keep the business going, but it has now concluded that a “structured sale process” of its assets would be the best way to return money to its stakeholders.

Waabi’s self-driving system, ‘Waabi Driver’, will be vertically integrated with Volvo Group NA’s autonomous-ready trucks on the production line at New River Valley in Dublin, Virginia, USA.

The truck market registered 2847 vehicles, an increase of 3.7% on 2746 units in 2023.

“Despite substantial investments, including GBP 25 million in UK government grants, the vision of vehicle manufacturing has failed,” the British startup said in a press release announcing its change of strategy.

Hino pays a reported US1.6bn to settle the case.

According to data from SIOMMA, there were 14,732 CV units sold compared with 14,165 the previous year.

HDA Truck Pride will sell WABCO products across its 140-plus independent heavy parts distributors and service providers who supply to the North American CV aftermarket.

AXN Heavy Duty, which was established 16 years ago in 2008, sells axles and suspension systems for the truck, trailer and bus segment in North America.

Eaton has now made its range of switches, circuit protection, and power distribution products for commercial vehicles available to aftermarket customers. This move highlights Eaton’s dedication to meeting this increasing demand in the aftermarket sector.