On 17 February, the German group stated that, due to the “high level of investment required” to expand its EV portfolio, it is considering whether the commercial vehicle business would perform better in “a different environment”.

Mercedes says that it expects to sell its five millionth Sprinter before the end of 2025.

HDA Truck Pride will sell WABCO products across its 140-plus independent heavy parts distributors and service providers who supply to the North American CV aftermarket.

After a downturn in wheel demand in Europe, Accuride Wheels Europe & Asia GmbH, a subsidiary of the U.S.-based Accuride Corp, filed for insolvency on February 5, 2025, at the Wuppertal District Court in Germany.

The truck conversion is based on a Mercedes Benz Actros chassis (4x2), equipped with a 7.8-litre Deutz six-cylinder in-line diesel (converted to run on hydrogen) engine with an output of 210 kW (281 hp) providing a maximum torque of 1000 Nm. The truck is fitted with an Allison 3000 Series TM fully automatic transmission.

Knorr-Bremse's 2018 IPO provided financial flexibility for future success. By 2023, the company held 12,000 patents and generated approximately EUR 7.9 billion in annual revenue.

The two companies have signed an exclusivity agreement with the deal expected to be finalised by late 2024. This acquisition will enhance JOST's portfolio, particularly in hydraulic systems used in transport, agriculture, and infrastructure industries.

Bernard Krone, Chairman of the Supervisory Board, highlighted Hölscher’s expertise in finance and his understanding of agricultural sector challenges as key assets for the group's development.

This sale is part of Knorr-Bremse's Boost 2026 strategy, aimed at optimising its portfolio and focusing more on its core competencies.

This increases Daimler’s European aftermarket network leading to greater vehicle uptime and therefore profitability for operators.

Siemens has agreed to install 73 charging points in Tuscany and equip over 120 logistics sites with charging infrastructure across Italy, following two deals announced earlier this month.

The new plant will produce wiring systems for the CV industry in order to meet the growing demand in that segment of the business.