Daimler Trucks of Stuttgart, the truck division of Daimler AG, says its global truck sales (which includes the Mercedes-Benz, Fuso, Freightliner, Western Star, Thomas Built Buses and BharatBenz brands) in 2018 will exceed half a million units compared with 470,000 units in 2017.

Schmitz Cargobull AG says investments during 2017/18 year ending March 2018 and on-going into 2018/19 on technology and capacity expansion at its plant in Panevezys (where it builds a range of refrigerated and dry box van structures for trucks and trailers) will see daily output levels triple from April 2019.

Austrian trailer manufacturer, Schwarzmüller Group, has opened a new branch outlet in Germany by acquiring a service and repair location in Eltmann.

Fifth-wheel and trailer chassis components specialist, Jost Achsen Systeme GmbH is promoting use of a high-performance, organic, bio-degradable grease for fifth wheel couplings.

The Krone Group reported record revenues exceeding EUR2.1bn for its financial year 2017/2018 ending on July 31, 2018 and which also marked a significant increase over the previous year’s result of EUR1.9bn.

Mahle GmbH has acquired transmission gears specialist, ZG-Zahnräder und Getriebe GmbH, to expand its expertise in powertrain transmissions.

Cobolt AB is a Swedish company specialising in the development and manufacturing of compact, high-performance lasers used in analytical instrumentation applications.