According to the Executive Chairman of MaxiTrans, Greg L’Estrange, Schmitz’s investment in the group will pave the way for shared technological development and operational support as MaxiTrans grows its business.

Giti – a strong brand name in the Far East - is gaining ground in Europe and is ready with tested proven tyres for the fast expanding electric CV market.

Sales and operating profit increased YoY by 17.5 percent and 9.9 percent, respectively, thanks to increased demand for large-diameter tyres.

A JV called Terberg Tractors Malaysia Sdn Bhd (TTM) of Puchong, Selangor, is testing an autonomous terminal tractor in a container terminal in Johor this month, using artificial intelligence (AI) and software supplied by Aidrivers Ltd of Uxbridge, UK.