While total orders received increased slightly, currency effects resulted in revenues being slightly decreased at GBP4.29n in fiscal year ending September 31, 2018 at the industrial power transfer engineering group, Voith Group, when compared with the previous fiscal year of GBP4.37bn.

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.