Volvo Group says it has set aside a provisional sum of SEK7bn during the fourth quarter 2018 to deal with potential claim costs associated with a degrading emission control component issue in its commercial vehicles.

A right hand drive Iveco Stralis NP 460hp 6x2 demonstrator has been in the UK since October 2018.

CNH Industrial NV is conducting an organisational restructuring aimed at laying the foundation for accelerated global growth and profitability through strengthening and re-focusing its Global Executive Committee (formerly named “Group Executive Council”).

Scania (Great Britain) Ltd has launched a fully built-up skip-loader based on its 18-tonne gross vehicle weight New Generation P-series chassis.

Cartwright Rentals, a rapidly expanding division of trailer and body manufacturer, Cartwright Group, has opened a new 2.5 acre depot in the North-East to further increase its nationwide network of locations.

Motor and fan manufacturer, Ziehl-Abegg, has announced it has achieved another year of higher than average growth with sales increasing by 8.1% to EUR584m (provisional) compared with EUR540m in 2017.

Battery and electric vehicle manufacturer, BYD Company, celebrated 20 years of operations in Europe at its European headquarters in Schiedam last December.

Nigel Base, commercial vehicle manager at the Society of Motor Manufacturers & Traders announced the European Commission recently has laid out plans to introduce the next phase the VECTO tool from 2022.

SSAB, the specialist steel producer with interests in Finland and across North America, is to introduce a new addition to its range of  1100 MPa Strenx performance steels at the Bauma event in Munich.

Bridgestone Europe NV, (a tyre making and distribution subsidiary of Bridgestone Corporation), and Iris Capital, a European venture capital firm, have entered a corporate partnership to investigate and invest in new mobility services, industry 4.0 and digital transformation technologies across Europe, the Middle-East and Africa region.

Voith Group of Heidenheim, Germany has acquired a 56% majority stake in Swedish IT company, Pilotfish – a major provider of on-board IT systems and applications.

Volkswagen AG and Ford Motor Company have reached formal agreements relating to broad alliances designed to boost competitiveness and serve customers better.