After careful consideration with the assistance of its financial and legal advisors, the Board of Directors at CV builder, Navistar International Corporation of Lisle, has unanimously concluded that the revised bid of USD43.00 per share for the remaining shares in Navistar by the Traton Group significantly undervalues the company and the substantial synergies from a combination of the two organisations.

Lock and fastening systems specialist, EMKA Beschlagteile GmbH, has developed a hybrid compression latch featuring a stainless-steel closure with an aluminium housing, which can be used across all industries due to its high weather resistance.

The new all-electric Mercedes-Benz articulated bus eCitaro G can now be ordered with the option of being equipped with solid-state batteries.

Mahle GmbH and Canadian fuel cell manufacturer, Ballard Power Systems Inc have agreed to work together to develop fuel cell systems for commercial vehicles of various weight classes.

Tyre maker, Hankook Tire, is working with SK Planet of Seoul, a data and test subsidiary of SK Telecom, to develop smart tyre technology.

Akasol AG, a developer and manufacturer of high-performance and high-energy lithium-ion battery systems, and supplier of turnkey solutions, is again expanding its US production capacity in Hazel Park city Michigan from 400MWh to around 2GWh.

Daimler AG and its subsidiary, Mercedes-Benz USA LLC, have moved toward resolution of various diesel emissions proceedings with the U.S. regulatory authorities - Environmental Protection Agency, the California Air Resources Board, the Environment and Natural Resources Division of the U.S. Department of Justice, the California Attorney General’s Office, and U.S. Customs and Border Protection.

Daimler Trucks AG & Buses is claiming positive feedback from customers worldwide who collectively have passed over seven million kilometres of operation using emission-free battery-powered trucks and buses.

Omniplus On, Daimler Buses' digital services portal, is being expanded with new applications tailored to the needs of bus operating companies and potential customers wishing to hire them.

Munich-based truck and trailer tipper and body specialist, F X MEILLER Fahrzeug-und Maschinenfabrik-GmbH & Co KG this month is unveiling a range of new and upgraded products. 

Daimler Trucks says its subsidiary, Mitsubishi Fuso Truck & Bus Corporation, recently demonstrated a new electric concept truck with several advanced technologies at its so called “Fuso Future Innovation Lab” event at its headquarters in Kawasaki, Japan.

Knorr Bremse has announced Bernd Eulitz chairman and CEO of the Executive Board of Knorr Bremse AG, has resigned by mutual agreement effective August 31, 2020.