Tractor sales grew by 4.8% during the fourth quarter of FY 2024/25 (January to March) to register 21,021 units compared with 20,061 units in the same quarter of the previous year (FY 2023/24).

The new entity will operate as a joint venture (JV) between the two companies. For Iveco, partnering with DLL provides valuable expertise in asset financing and financial services, which it anticipates will help expand its asset leasing business.

It is less than a year since German automotive components giant Schaeffler merged with Vitesco Technologies Group to form a single “motion technology company”. Retaining the Schaeffler name, the new company is now in the process of combining the two product lines of Schaeffler and Vitesco together under a single brand. At the company’s stand at the Advanced Clean Transportation Expo – held between 28 April and 1 May in Anaheim, California – the two companies’ portfolios were nearly indistinguishable. It marked the first time that the newly-merged company presented itself as a supplier of comprehensive system solutions to the North American commercial vehicle market.

The agreement strengthens AEM’s footprint in Asia and coincides with a new trade agreement between the UK and India.

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India experienced a decline of 2.1% in Q4 (January to March) of FY 2024/25 to register 71,614 units from 70,149 units in same quarter of fiscal year 2023/24.

This accreditation means the bus can operate “on a planned route without a driver in the cab,” significantly expanding Karsan’s autonomous e-bus operations beyond existing deployments in Italy,  Switzerland and Finland.

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

Anirudh Bhuwalka, CEO of Blue Energy Motors, says the facility will produce zero-emission electric trucks using AI and machine learning technologies.

Sales of buses (7.5t gvw and above) were up by 10.5% in Q4 of the financial year 2024/25 (January to March) to register 22,049 units, up from 19,946 units in Q4 of FY 2023/24.

This initiative underscores Bosch's commitment to fostering technological innovation, particularly in areas such as energy efficiency, artificial intelligence (AI), automation, climate technologies, and healthcare systems.

Spheros, the specialist in heating, air conditioning, and thermal management systems for buses, has been independent from its former parent Valeo for nearly a year now, and company CEO Mark Sondermann wants people to know it. “We are no longer constrained by the strategic priorities of a larger group,” he told Truck & Bus Builder. “There is now only one priority, and that’s Spheros.” Following the Valeo acquisition in 2016, Spheros adopted its parent’s name; the reclamation of its own name marks a definitive break with the recent past. And the change is a timely one: “We can now be more agile. We can take faster decisions. It gives us the room to act in this very exciting and very dynamic market.”

They are made with a polymer liner and fully wrapped in carbon fibre composite. They are lightweight and have high capacity, making them ideal for fuel cell electric vehicles (FCEVs), including buses, trucks, and other heavy-duty commercial vehicles.