Facility with annual capacity for 50,000 smart, battery-powered trucks.

The British bus and coach market saw massive growth of 70.1% from 4,932 in 2023 to 8,390 registrations in 2024; the best annual performance since 2008, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).

In her new role, she will report directly to the group’s Chief Operating Officer for “Enlarged Europe”, Jean-Philippe Imparato.

Reduced volumes in the truck and powertrain sectors, reduce 2024 revenues but lower operating costs deliver improved margins.

Musso EV to be first Korean-made battery-powered pickup.

The post-pandemic growth of the British truck market ended in 2024, with registrations of heavy goods vehicles (i.e., trucks >6t) falling by 2.7% compared with the year before, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).

Daimler announced decreased sales in 2024, with 460,409 trucks and buses sold compared with 526,053 in 2023, a 12% decrease. This is a rocky start for recently appointed CEO Karin Rådström, who succeeded Martin Daum late last year.

The GBP 3.5 million investment opened its doors on February 13 and will exclusively train apprentices for the DAF brand, with 500 individuals confirmed to attend courses in its first year.

The sale has been finalised after receiving the necessary regulatory approval. The divestiture is part of Goodyear’s plan to cut costs by streamlining its business operations.

The new building will replace the company’s old Hamburg branch which dates back to the 1970s.

The Enviro500EVs for the MTR Corporation are complete Alexander Dennis vehicles (chassis and body) manufactured by a contract manufacturing partner in Zhuhai.

The new site includes a workshop, office space and a parts facility capable of servicing and maintaining both DAF ICE and electric trucks. The site was relocated due to the proximity to the A40, M40 and M25.