This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

Production under these contracts is slated to continue through the end of 2029, marking a significant long-term commitment to emissions reduction.

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.

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.

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.

Sales of light-duty buses and coaches (7.5t & below) rose strongly in Q4 of FY2025/24 (January to March 2025) by 19.4% to register 18,310 units compared with 15,333 units in Q4 of FY2023/24.

Mullen announced a definitive agreement to acquire an additional 21% stake in Bollinger, increasing shareholder equity by approximately USD3.5m.

Production of LCV trucks fell by 0.8%, while exports grew strongly by 60.2% to more than 14,000 vehicles.

No specifics about the partnership have been released, except that the first products are set to be unveiled in the spring of 2026.