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As Gerrit Marx will leave the Group to take up his appointment as the CEO of CNH Industrial, Persson, who is currently an Iveco Group Board Independent Director, will step in to the role of CEO on 1st July, 2024.

Herbert Robel and Hansjörg Cueni wree elected as new members of Quantron AG's supervisory board, still led by Klaus Schmitt. The total number of members was increased from seven to nine, necessitating a new election for the two positions with a supplementary election.

Musk told employees with an internal message that the workforce reduction is inevitable and foresees quite difficult times for the company and the whole economy. Apparently, war prices over electric vehicles and the difficult challenge posed by Chinese manufacturers is affecting the global brand.

The plant, expected to be operational in 2026, will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America.

“We are on track for a successful 2024 by continuing the momentum set in 2023,” said Nikola CEO Steve Girsky. “It’s about more than just setting goals. It’s about following through on our commitments. This includes not only the production and sale of our hydrogen fuel cell electric trucks but also t...

Available from April 2024 and set to go into production by December 2024, Mercedes Actros L has been enhanced with the new ProCabin, a different cabin option for ICE trucks clearly inspired by the eActros 600 electric truck. The ProCabin concept has 80 mm longer front end and further aerodynamic mea...