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Vanzetti Engineering’s ESK-IMO put to the test

Vanzetti Engineering presented the ESK-IMO for the marine and industrial market at an international event dedicated to LNG market trends, culminating in a demonstration at the company's headquarters

Volkswagen Group to Sell Everllence

Under the exclusive arrangement entered into with Bain Capital, the Volkswagen Group is to sell 51 percent of its shares in Everllence, and plans to remain a major shareholder with a 49 percent stake in the medium term

Highlights

Carraro, legacy and culture of a global group – Ep.1

From the headquarters in Campodarsego, where axles and transmissions are produced, to Rovigo, where specialized tractors are assembled. All the way to the other plants around the world. A journey of a group that has become global. Here is the video.

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IAA Transportation 2024: first exhibitors announced 

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 opens first HVO filling station at its factory site in Cologne 

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.
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MAN confirms CFO and appoints new Chief Human Resources Officer

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...
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Langley Holdings: 2023 annual report

A few days ago Langley Holdings released its IFRS Annual Report & Accounts for 2023. The Power Solutions Division, encompassing subsidiaries Bergen Engines, Marelli Motori and Piller Group, was a significant contributor to the year’s result.
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Court confirmation of Sono Motors’ insolvency and restructuring plan

Sono Motors, the Munich-based solar technology company and subsidiary of Sono Group N.V., announced the confirmation of its insolvency and restructuring plan by the insolvency court of the local court of Munich, Germany, as well as the closing of its recently announced investor deal with YA II PN, L...
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Proterra battery business becomes part of Volvo Group 

On the 1st February 2024 Volvo announced it has completed the acquisition of battery business from Proterra. The intention was announced in November 2023, when Volvo Group had been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit.
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Cummins reports fourth quarter and full year 2023 results

Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.
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