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Verma, whose appointment will become effective in January 2026, brings over 16 years of global experience in capital markets, mergers and acquisitions, and strategic finance. Most recently, he served as CFO of LiDAR Nasdaq-listed technology company MicroVision for four years.

From January 1st, 2026, Scania will unify Sales and Marketing with Commercial Operations into a single commercial organisation called Scania Commercial. More into details, the new function will bring together global market strategies, sales execution and commercial development. The unit will be led ...

The program is expected to affect three major sites: Munich (1,300 positions), Salzgitter (600) and Nuremberg (400). The announcement, also reported by our sister platform Sustainable Bus, has drawn strong criticism from IG Metall and the works council, who fear that portions of the production netwo...

The BMC PRO L 1852 4x2 Tractor model featured BMC's most powerful engine to date and a cabin with a spacious interior. Generating 520 hp and 2500 Nm of torque with its 12.9-liter engine, the truck presented by BMC delivers superior traction performance even in challenging road conditions.

The Brazilian company, part of the TRATON Group, stated that expansion to other countries will be gradual, according to demand from customers already operating with Euro 6 technology. Among the highlights of the newly-introduced heavy-duty vehicle are air suspension and the retarder brake, which com...

The key issue is the corporate control of Nexperia, which belongs to the Chinese group Wingtech. The semiconductor manufacturer recently came under the control of the Dutch government (its HQs are located in Nijmegen, the Netherlands) for “national security reasons”. This prompted a reaction from th...