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.

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.

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.

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.

Schmitz Cargobull AG says investments during 2017/18 year ending March 2018 and on-going into 2018/19 on technology and capacity expansion at its plant in Panevezys (where it builds a range of refrigerated and dry box van structures for trucks and trailers) will see daily output levels triple from April 2019.

ARBOC Specialty Vehicles LLC, a subsidiary of Canada’s NFI Group Inc, has announced its Spirit of Equess medium-duty bus has successfully completed the FTA Altoona Model Bus Testing endurance programme.

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).

Daimler Trucks of Stuttgart, the truck division of Daimler AG, says its global truck sales (which includes the Mercedes-Benz, Fuso, Freightliner, Western Star, Thomas Built Buses and BharatBenz brands) in 2018 will exceed half a million units compared with 470,000 units in 2017.

While total orders received increased slightly, currency effects resulted in revenues being slightly decreased at GBP4.29n in fiscal year ending September 31, 2018 at the industrial power transfer engineering group, Voith Group, when compared with the previous fiscal year of GBP4.37bn.

Meritor Inc has announced its involvement in 22 electrification programmes with global OEMs and expects to put at least 130 fully-electric medium- and heavy-duty commercial trucks on the road in the next two years (2020).

Mahle GmbH of Stuttgart has inaugurated a new research and development centre in Valencia. Eventually it is to house around 250 employees working to develop new products and solutions for sustainable mobility, based on vehicle electronics.