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Westport to carry on light-duty business divestiture

“This milestone payment reflects continued progress in the post-closing steps of our Light-Duty business divestiture,” commented Elizabeth Owens, Chief Financial Officer at Westport. “While additional payments are expected as the transaction phases are completed, this interim payment strengthens our...
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Latin America, Volkswagen Truck & Bus celebrates the 45th anniversary

Throughout its history, the company has put more than 1,250,000 vehicles into circulation, 196,000 of which are on the road worldwide. "Who is behind these successful figures are approximately 5,500 employees divided between VWTB’s factories and operations in Brazil, Mexico, and Argentina", stated V...
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Let’s get familiar with GIGA (Green Industrial Grids Association)

The association has been created "to support a fundamental transformation of Europe’s power system by accelerating the development of modern and digital electricity grids". GIGA’s members include Amazon, Electra, Fastned, Google, Hitachi Energy, Linde, Meta, Metlen, Milence, Microsoft and Siemens En...
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Scania CEO Christian Levin now also appointed CEO of TRATON Group

«I am honoured to take on the role as CEO of the TRATON Group while continuing on as CEO of Scania. Looking ahead focus will be on transforming business into new technology areas and geographies, whilst leveraging further synergies through modularisation and scalability», said Levin.
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Schaeffler inaugurates cutting-edge e-mobility plant in Hungary

Designed as a 'factory for tomorrow', the new Schaeffler site features a high degree of automation, modular production buildings, and end-to-end digitalization. The new factory is supposed to create 150 new jobs and is the first Schaeffler plant fully dedicated to e-mobility.
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