The company recorded a 4.3% growth in revenues (USD5.15bn) and a 2% drop in its net income (USD377.7m).

Otokar's revenues amounted to TRY2.7bn while net profits totalled TRY516.4m for the year-to-date.

Oshkosh recorded sales growth of 15.9% for Q4 and 12.8% growth for the whole financial year.

The two companies signed an MoU agreeing to steadily build up hydrogen capacity and to begin construction on a 1 GW production site by 2025.

The order for 14 units of the Urbino 24 in 'MetroStyle' was placed by Tide Bus Danmark.

The companies aim to produce a truck capable of matching a diesel truck in haulage capacity and with a range allowing for multiple journeys along a 60-km route.

In an interview with Truck & Bus Builder, seat and interior parts manufacturer Grammer emphasised the importance of sustainability to the company's future growth strategy.

Meritor will supply Akia with 60 tandem drive axles for Akia's 24-metre buses - the first order Meritor has received from the Turkish bus manufacturer, following talks which began five years ago.

Andreas Strecker, President of Accuride Wheels Europe and Asia explained the firm’s manufacturing facilities, customer base and strategy for growth in an interview with Truck & Bus Builder.

Munich-based braking systems manufacturer Knorr-Bremse AG has announced it has acquired a 5% minority shareholding in Israeli start-up Autobrains Technologies Ltd based in Tel Aviv-Yafo. Autobrains supplies video perception technology and advanced driver assistance systems (ADAS).

Dutch bus manufacturer Ebusco Holding BV of Deurne, has announced the appointment of Ted Dowling to the role of Managing Director for North America. The company aims to expand sales and marketing of its 3.0 and 2.2 zero emission buses.

The Goodyear Tire & Rubber Company of Akron, Ohio, has announced a partnership with the Stark Area Regional Transit Authority (SARTA) of Stark County, Ohio to collaborate on intelligent tyre sensors and prototype tyres for SARTA’s mixed fleet of diesel and hydrogen fuel cell buses.