News

Aumovio has completed the sale of its manufacturing site in Mechelen, Belgium, to Dumarey Group, finalising the transaction announced last April. The plant and around 300 employees are being transferred to Dumarey, while existing customer relationships remain with Aumovio.

Iveco Group reported higher second-quarter revenues despite lower profitability, while confirming that Tata Motors' tender offer is expected to launch in early September and close by early November. The company also announced that CFO Anna Tanganelli will step down once the acquisition is substantia...

Workhorse plans to enter the mobile AI data centre market with a new containerised product line manufactured at its Indiana facility. The initiative reflects the company's strategy to diversify beyond electric commercial vehicles by leveraging its engineering and production capabilities.

The Swedish freight technology company is set to acquire U.S.-based Flipturn, adding more than 250 MW of managed charging capacity and strengthening its integrated offering for electric truck fleets across North America.

Daimler Truck CEO Karin Rådström expects Chinese manufacturers to accelerate their expansion into the European electric truck market. While their presence remains limited today, she says European OEMs must continue innovating and reducing costs to stay competitive.

Financial terms of the deal were not disclosed. MKB Brandstof, headquartered in Rotterdam, will continue to operate as an independent brand within the DKV Mobility Group, as stated by the companies involved in the agreement.