Wrights Group Ltd has reported a group turnover of GBP227,157,000  (GBP227m) for the year ending December 2017 (2016: GBP264m) and profit (before tax) of GBP1.5m (2016: GBP10m).

Austrian trailer manufacturer, Schwarzmüller Group, has opened a new branch outlet in Germany by acquiring a service and repair location in Eltmann.

SEM Transport Solutions, a new subsidiary of transportation distribution giant, POM Group, is in the process of developing a number of axle steering systems products for the European trailer market, which are being brought to market during 2019.

Fifth-wheel and trailer chassis components specialist, Jost Achsen Systeme GmbH is promoting use of a high-performance, organic, bio-degradable grease for fifth wheel couplings.

Nooteboom, the heavy haulage specialist trailer manufacturer of Nieuweweg has developed a Cloud-based version of its NoVAB axle weight calculation software assistance tool - Nooteboom 3.0 Cloud version.

The Krone Group reported record revenues exceeding EUR2.1bn for its financial year 2017/2018 ending on July 31, 2018 and which also marked a significant increase over the previous year’s result of EUR1.9bn.

Mahle GmbH has acquired transmission gears specialist, ZG-Zahnräder und Getriebe GmbH, to expand its expertise in powertrain transmissions.

BAE Systems is to supply Massachusetts Bay Transportation Authority (MBTA) with 194 electric-hybrids employing its Series-ER extended range propulsion system.

The Commercial Vehicle Board of Directors of the European Automobile Manufacturers’ Association has elected Pierre Lahutte as its new Chairman for 2019.

Scania AB is testing a new generation of autonomous transport system at Rio Tinto’s Dampier Salt operations in Western Australia.

Hyundai Truck and Bus Rus (an official representative office and subsidiary of Hyundai Motor Company, established in February 2017) has started series assembly of the Hyundai HD35 and Hyundai35City light commercial vehicle range (with gross weights stated as 3.5 tons) at the Avtotor plant in Kaliningrad.

Scania’s Brazilian subsidiary, Scania do Brasil Ltda, has joined forces with Sabesp, the state water and sewage company, to demonstrate the potential for using biogas in operating heavy vehicles.