Sceli takesm over from interim CEO and Chairman of the Audit Committee, Tony Guglielmin. 

European Automobile Manufacturers’ Association (ACEA) has elected Harald Seidel (President of DAF Trucks), as Chairman of the Commercial Vehicle Board for 2024. Seidel will work alongside the ACEA President, Luca de Meo (CEO of Groupe Renault) who is serving in his second one-year term and has been in close consultation with EU policymakers over the now proposed, Euro VII legislation.

Pertchik has held leadership positions at various companies managed by investors such as Starwood Capital Group, TPG Inc, Carl Icahn, Richard LeFrak and Perry Capital LLC.

Gorbach was first appointed to the Board of Management of Daimler Truck in 2021.

Perschke has assumed the role of Managing Director at ‘Roqit’, a joint venture between Quantron and Indian tech company Goldstone Technologies.

Mark Gerardts, Giorgio Mariani, and Nuket Ozgur have been promoted to Business Unit President EMEA, CCO, and CFO respectively.

The new training centre, representing an investment of more than GBP300,000 from Volvo UK, houses three fully-equipped training bays, each large enough to accommodate two trucks, alongside a classroom.

The five locations which were recently added were Vanguard Truck Centers dealerships in Phoenix, Arizona; Atlanta, Georgia; Charlotte, North Carolina; and Austin and Houston, Texas.

Founder Mujeeb Ijaz steps down from his role as CEO to serve instead as Vice-Chairman of the board and Chief Technology Officer.

Schaeffler stated that the combination with Vitesco could realise earnings before interest and taxes (EBIT) of EUR600m per year before the end of the decade, through improved “revenue and cost synergies” achieved by combining their respective product portfolios.

Adams will remain with the company for a further six months as an advisor.

It is a 26,000-square-metre facility capable of producing up to 16,000 units per year; following a planned expansion to 40,000 square metres, it will be capable of producing 50,000 units.