Net revenue tipped the BRA 1 billion mark, representing a 16.6% increase on Q3 in 2023.

As part of its turnaround strategy and decision to outsource production and become an OED (Original Equipment Designer), the company announced a closed auction of bus, truck, and general automotive parts starting on Thursday, 23 January 2025.

When Jim Hutchinson – today the CEO and founder of Fusion Processing Ltd, an autonomous vehicle technology company based in Bristol – began his career in electronic engineering, he could not have imagined that the radar and sensor equipment he was working on would eventually be used to make buses and trucks that can drive themselves. “I can’t claim to have been that visionary [back then],” he told Truck & Bus Builder in an interview. The realisation dawned in the late 2000s, when Hutchinson saw that the growing need for sophisticated sensors in the automotive sector – used at that time for advanced driver assistance systems – would “ultimately” lead to self-driving vehicles navigating with a combination of cameras, radars, and other perception hardware.

Moreover, the group has signed a memorandum of understanding with the Canadian firm, agreeing to offtake 100,000 tonnes of spodumene concentrate per year over a ten-year term.

Isuzu Group strengthens UD Trucks sales operations in Kenya.

Cummins announced the continuation of a thirty-five-year long partnership with Ram Trucks with the supply of a new diesel engine for the Ram 2500, 3500, 4500, and 5500 models.

Glovis to use the HFC trucks for daily parts deliveries.

Methanol-hydrogen hybrid electric vehicles are also being developed for freezing temperatures.

Klein will replace Mathias Geisen, who will sit on the board of management from 1 February and will take responsibility for group sales from 1 March.

Repower said in a press release dated 20 December 2024 that it acquired the entire intellectual property and patent portfolio from ‘Zevx Liquidators LLC’, a special-purpose entity which was formed to liquidate ZEVx’s assets and pay back creditors as an alternative to Chapter 7 bankruptcy.

The CV Show at the NEC in Birmingham, UK is an annual event and this year, it is on over three days, April 29 to May 1.

Maxion announced that, upon Neto’s appointment, Ralf Duning, who served ten years as vice president of global engineering, will retire from the company.