SAF-Holland has acquired truck and trailer parts supplier IMS Ltd from Dutch firm IMS Group, with the view of expanding its market share in Britain and Ireland. 

Knorr-Bremse AG, based in Munich, Germany, has announced it is to acquire the stake of Robert Bosch GmbH of Stuttgart in its European and Japanese commercial vehicle business.

Stuttgart-based Daimler Truck AG has announced its Mercedes-Benz Trucks brand will be launching the third generation of its OM 471 heavy-duty commercial vehicle engine. The new engine is now available to order and will be ready to deliver from October 2022.

Wave has announced the acquisition of a new 12,000 square-foot facility next to its headquarters which will enable the company to expand manufacturing capacity of its induction charging products.

The market for trailers and semi-trailers in Italy grew by 32.3% in 2021, from 11,414 units the year before to 15,097 units, according to ANFIA.

Sales increased by 10.4% in 2021, from 3,145 units to 3,471, but they remain well short of 2019 sales of 4,211 units (a 17.6% decrease from 2019 to 2021), according to ANFIA.

Sales of medium and heavy trucks (weighing more than 3,500kg) in Italy, according to ANFIA, grew by 5% over pre-pandemic levels, increasing from 23,606 in 2019 to 24,776 in 2021.

Sales of light commercial vehicles weighing less than or equal to 3,500 kg in Italy were up 14.9% in 2021 on the year before, growing from 159,590 units to 183,320, according to figures collated and provided by ANFIA.

Votla Trucks has announced that it has raised EUR230m in its Series C funding round to support the production of its upcoming zero-emission, medium-duty truck, the Volta Zero, in 2023.

The corporate venture capital fund of Scania has made an investment in logistics software company Parcelly Ltd for an undisclosed sum.

Orlando, Florida-based Luminar Technologies Inc has announced it is to acquire a high-performance laser chip manufacturer, Freedom Photonics LLC, based in Santa Barbara, California.

Hyliion Holdings Corporation, based in Austin, Texas, has announced the appointment of Cheri Lantz to the role of Chief Strategy Officer. Most recently, Lantz served as Vice President of Strategy for the Transportation Solutions Segment at TE Connectivity, where she was responsible for helping shape a forward-looking strategy within the automotive, commercial vehicle, and sensors industries.