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Volkswagen Truck & Bus enters van market with new VW Tempest range

Volkswagen Truck & Bus, part of the TRATON Group, is entering the van and light commercial vehicle segment with the new VW Tempest family. Developed in partnership with Chinese manufacturer SAIC Maxus, the range includes four body configurations and represents an investment of approximately R$300 mi...
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Tata Motors’ takeover bid for Iveco Group clears 80% acceptance threshold

Tata Motors' takeover bid for Iveco Group has reached 87.81% of the company's ordinary share capital, exceeding the minimum acceptance threshold of 80%. The offer is now unconditional, with shareholders receiving €14.40 per share. The acceptance period will reopen from November 2 to 6, ahead of the ...
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Paul Cataford to join Loop Energy’s Board of Directors

Over the first nine months of 2022, Loop Energy has achieved significant growth including the quadrupling of purchase orders year-over year, doubling of its customer base, and posting a 2.5-time increase in unit sales year-over-year.
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Here’s the all-electric 4×4 Munro. Proudly from Scotland

Munro Vehicles has at least unveiled its brand-new 4x4 electric off-road vehicle. The Munro Mk_1 was designed, engineered, and built in Britain, born off-road to navigate the most challenging terrain and operating for up to 16 hours on a single battery charge.
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Luca de Meo (Renault) will be the new ACEA president in 2023

Luca de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. The ACEA President is elected for a year-long term, once renewable, from the CEOs of its member companies – the major Europe-based car, van, truck and bus manufacturers.
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Scania to launch new venture capital fund

Following its successful predecessor, Scania Growth Capital II "will continue the focus on the most attractive companies and entrepreneurs in the B2B tech space", according to the Swedish group.
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Scottish Munro Vehicles’ electric 4×4 to be unveiled early in December

Designed and built in Britain, the Munro will be the first vehicle to enter volume production in Scotland in more than four decades. The e-vehicles is addressed to numerous sectors including construction, agriculture, mining, forestry, mountain rescue, remote infrastructure maintenance, and leisure
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