Rich Mohor takes over from former CEO and co-founder Cameron Funk, who has transitioned to the role of Executive Board Chair.

The remaining vans are pending delivery due to production delays at General Motors' CAMI Assembly Plant in Ontario, Canada. According to GM, production was halted from October 2023 until spring 2024 because of battery module supply issues. Operations then resumed in April 2024, with the plant working to fulfil a backlog of orders.

The contract stipulates a firm order for eighty 45-foot ‘D45 CRT’ commuter coaches, with additional unspecified options.

This year, Mack Trucks is celebrating its 125th anniversary since its foundation by the Mack brothers, John and Augustus, in Brooklyn, New York.

Allison announced an “uprate” to its B400 and B3400 xFE fully automatic transmissions, including retarder models. The B400 and B3400 xFE transmissions have been upgraded to support higher power and torque capacities.

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

Customers of International who drive ‘LT’, ‘RH’, ‘HX’, and/or ‘HV’ trucks powered by the S13 powertrain may now choose to switch from diesel to R100/R99 or hydrotreated vegetable oil, significantly reducing their tailpipe emissions.

The company announced record 2024 sales figures of USD 10.3 billion, a decrease of USD 300 million compared with 2023 figures of USD 10.6 billion. Adjusted EBITA rose by USD 14 million in 2024, to USD 885 million (2023: USD 845 million). Financially, the company has a free cash flow of between USD 175 to USD 275 million (2023 USD 476 million).

The B4 Chassis Cab electric truck has entered into series production at Bollinger’s facility in Livonia, Michigan. The B4 is a Class 4 medium-duty electric truck, specifically designed for the commercial fleet market.

According to the company, Canoo faced rapid cash depletion and difficulties in securing additional funding due to uncertain demand for its microbus-inspired cargo vans.

Plug Power says the loan will help to finance the construction of up to six projects to produce and liquefy hydrogen across America.

Delivery will start in Q1 2025 with production set to take place in Zhejiang, China. The company views this as a pivotal milestone that not only reinforces its presence in Japan but also sets the stage for additional orders and expanded market share.