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Bosch Rexroth: a good year in 2025. Will 2026 be even better?

Bosch Rexroth 2025 in a nutshell: Sales of 6.45 billion euros, 1.4 percent below the previous year's figure. Order intake increased by approximately 9 percent. Future growth supported by approximately 560 million euros for investments, research & development
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Simone Curti Will Lead FPT

Leadership change at FPT. Simone Curti, currently Head of IVECO EMEA Commercial Operations, will replace Sylvain Blaise as of June 30th. Blaise returns to his home country to take on the role of CEO at Manitou
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AI inspection system for Horse Powertrain

Horse Powertrain has installed Siemens Inspekto Visual Inspection at the Skövde plant, automating engine quality checks that previously required manual inspection. Mounted on a collaborative robot, the system detects defects in a few seconds and stores all images to improve traceability across the p...
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Aramco completes acquisition of stake in Horse Powertrain

Following the signing of definitive agreements in June, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain. Renault Group and Geely each retain a 45% equity stake. Aramco’s investment is expected to accelerate Horse Powertrain’s efforts to develop next-generation ICE and ...
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Scania appoints Do Young Kim as Chief Financial Officer

Do Young Kim, currently CFO for International, has been appointed as the new Chief Financial Officer for Scania Group and a member of the Executive Board, reporting to CEO Christian Levin. He is due to assume the position on 1 February 2025.
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Cummins reports strong third quarter 2024 results

“We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range,” said Jennifer Rumsey, Chair and CEO of Cummins.
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John Deere results: income of $1.245 billion for fourth quarter

“Amid significant market challenges this year, we proactively adjusted our business operations to better align with the current environment,” said John May, chairman and CEO of Deere & Company. “Together with the structural improvements made over the past several years, these adjustments enable us t...
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BorgWarner will have a new CEO from February 2025

"I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years", commented current BorgWarner's COO, Joseph Fadool.
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MathWorks and NXP unveil model-based design toolbox for BMS

MathWorks and NXP Semiconductors N.V. announced the availability of the Model-Based Design Toolbox (MBDT) for Battery Management Systems (BMS). The toolbox simplifies the design, testing, and deployment of BMS algorithms on NXP processors, streamlining the path from concept to market-ready solutions...
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