Traton SE has offered to acquire all of the outstanding shares of common stock in Navistar International Corporation not already owned by Traton at a price of USD35 per share in cash; this represents a 45% premium over Navistar’s closing share price of USD24.11 on January 29, 2020 and a 19% premium over Navistar’s 90-day volume weighted average price of USD29.40.

PJSC Kamaz has started commercial sales of its new Kamaz-54901 highway tractor, the first in its K5 model range.

Following the announcement in June last year by French train, tram and now electric bus producer, Alstom, that it had started series manufacturing its 12m electric bus, Aptis, since the start of 2020 it has been delivering its innovative bus design to cities in France.

Truck and bus builder, Minsk Auto Plant based in the capital of Belarus has unveiled its first prototype of an electric bus, MAZ-303E10 featuring ZF’s central drive motor, CeTrax.

GAZ has started sales of additional models of the Sadko NEXT off-road truck by offering an extended wheelbase (C41A43) and a two-row cab option (C42A43).

As part of its e-mobility roadmap, MAN Truck & Bus, has begun sales of its 18 metre electric city bus, the MAN Lion’s City 18 E.

The majority of shareholders of SAF-Holland SA last month voted in favour of changing the legal status of the truck and trailer components supplier to SAF-Holland SE, which stands for Societas Europaea and with the future registered office being in Bessenbach – where the company’s main manufacturing and operational headquarters already exist.

Global truck and trailer components, The SAF-Holland SE, reported group sales in the 2019 financial year of EUR1,284.2m, a slight decrease of 1.3% from EUR1,300.6m in 2018.

Traton SE and RISE, have announced they are collaborating  on cybersecurity and artificial intelligence (AI).

Braking and motion control systems and components supplier for rail and commercial vehicles, Knorr-Bremse AG, has concluded the purchase of steering systems specialist, R.H. Sheppard Co Inc for USD149.5m.

Ebusco NV - a Dutch pioneer in zero emission electric vehicle technology and smart mobility solutions - has announced it is launching a regional partnership with Australian Bus Corporation to deliver and maintain next generation electric buses into Australia and New Zealand.

Voith GmbH & Co. KGaA and Swiss investment holding company, PCS Holding AG, have announced an agreement has been signed (April 29, 2020) to acquire a combined 59% of the shares in Traktionssysteme Austria GmbH, a manufacturer of electric motors, generators and transmissions for rail and road vehicles based in Wiener Neudorf, Austria.