News

Rumors are intensifying around the sale of VM Motori, which is expected to take place in 2024. We are behind schedule, compared to the forecasts of the Emilia Romagna region, but the rumors remain and the clues lead to northern Italy

Interact Analysis has recently updated its forecasts for the global forklift market. It was initially expected that the market would decline in 2024. However, North America actually saw a significant increase in order volume in the final quarter of 2023. In China, sales in January 2024 experienced a...

Siemens has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst. The planned acquisition will complement the Siemens Xcelerator portfolio.

Westport Fuel Systems announced the signing of an investment agreement to establish the previously announced joint venture with Volvo Group to accelerate the commercialization and global adoption of Westport’s HPDI fuel system technology for long-haul and off-road applications.

The supervisory boards of MAN and Traton have extended his contract until November 2029 ahead of schedule, MAN states in a press note. Vlaskamp has been in charge of MAN Truck & Bus since the end of 2021, following Andreas Tostmann. Vlaskamp’s former roles included working for Scania in Germany and ...

Allison Transmission’s venture capital arm invests in the development of sustainable non-rare earth permanent magnets for integration in electric vehicle propulsion motors and renewable energy systems.

From September 17th to 22nd, companies from the commercial vehicle, transportation, and logistics sectors will present their innovations at IAA Transportation in Hannover. An initial overview of the participating companies highlights the diverse range of this year’s event.

Deutz has opened a filling station for the latest generation of biofuels (HVO) at its factory site in Cologne-Porz. All diesel-powered vehicles of Deutz can now be refueled at the site with HVO. Deutz will initially purchase the fuel, which is guaranteed palm-oil free from Finnish company Neste.

The Supervisory Board of MAN Truck & Bus SE has extended Inka Koljonen’s contract as Executive Board member for Finance, IT and Legal Affairs for a further five years until 2030, effective February 1, 2025. Furthermore, effective April 1, 2024, Hubert Altschäffl will be the new Chief Human Resources...

Mark Christian Schneider will take charge of the Investor Relations (IR), Communications, and Marketing department from April 1. Christian Ludwig is leaving Deutz of his own accord to start a new job.