Freudenberg Sealing Technologies has acquired a majority stake in XALT Energy, a global developer and manufacturer of lithium-ion technology targeted at heavy-duty mobility applications.

Less than two years on from the product and manufacturing launch, Schmitz Cargobull AG has decided to shut down its V.KO Van Bodies production in Berlin.

Schmitz Cargobull AG claims to be the first trailer manufacturer in Europe to produce single-piece Ferroplast (insulated) side walls for refrigerated box bodies with a total length of 16.80 metres.

Meiller GmbH, the manufacturer of heavy duty equipment for the construction and waste disposal industries is set to reveal new products and innovations at the Bauma event in April.

Hyva Global BV, specialist in skip loaders, container handling and waste collection/disposal equipment is to present new hook-loaders at Bauma 2019 in April 8-14, thereby expanding its Titan range with 26 and 30-ton versions.

Motor and fan manufacturer, Ziehl-Abegg, has announced it has achieved another year of higher than average growth with sales increasing by 8.1% to EUR584m (provisional) compared with EUR540m in 2017.

Voith Group of Heidenheim, Germany has acquired a 56% majority stake in Swedish IT company, Pilotfish – a major provider of on-board IT systems and applications.

Volkswagen AG and Ford Motor Company have reached formal agreements relating to broad alliances designed to boost competitiveness and serve customers better.

Giti's claim this tyre follows a four-year design and test period on several different fleet types across various diverse sectors.

SAF-Holland GmbH has acquired a majority interest in PressureGuard LLC, a US specialist in automatic tyre pressure management.

Daimler Trucks North America Inc delivered the first vehicle from its Freightliner Electric Innovation Fleet – a Freightliner eM2 – to Penske Truck Leasing last month (December 2018).

Schmitz Cargobull AG has announced major further investment of some EUR100m in its Vreden factory, which is the company’s centre of expertise for box van and refrigerated semi-trailers and bodies; this capital expenditure was authorised by the group’s Supervisory Board last September.