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

Daimler plans on delivering another 50 of these e-trucks before the end of the year, with the majority heading to European dealerships as demonstrator models.

The Duvenbeck Group has ordered 50 units of Farizon’s heavy-duty battery electric Homtruck, with the potential of larger orders in the future. This marks Farizon’s entry into Europe, as it plans to bring its SV Electric van to the UK and Europe later this year.

Schwarzmüller says there will be virtually no overlap between its “infrastructure vehicles” and Krone’s core expertise in road freight transport – the two brands will remain separate.

Stohner, who is managing director of Alvarez and Marsal, known for its turnaround and performance improvement work, took up the role of Chief Restructuring Officer on 15 January following “weeks” of discussions with Webasto.

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

The ‘MAN TruckScenes’ data includes 747 driving scenes pulled from equipment such as cameras, lidar, radar, inertial measurement units (for determining the vehicle’s position in relation to its surroundings), and global navigation satellite system data.

These buses have been integrated into the fleet of Verkehrsbetriebe Hamburg-Holstein (VHH), a major public transport operator in the area. Furthermore, Daimler announced that 350 more units had been ordered by the other operator managing Hamburg’s network, Hochbahn.

In Q3 2024, Iveco announced that it had reached an agreement with German private equity firm, Mutares SE & Co. KGaA, to sell its firefighting vehicle manufacturing unit (Magirus GmbH) for an undisclosed fee. That sale has now gone through.

The transaction concerns ‘Mahle Powertrain LLC’, a subsidiary based in Plymouth, Michigan whose seventy or so employees provide engineering and consultancy services for the design, testing, development, calibration, and integration of electric and hybrid powertrains.

Nora Oberländer, the grandniece of the company's owner, is set to join the HÜBNER Group's management team on March 1, 2025, bringing her expertise to the leadership of the family business.

Moreover, the group has signed a memorandum of understanding with the Canadian firm, agreeing to offtake 100,000 tonnes of spodumene concentrate per year over a ten-year term.