Industry News

BorgWarner to spin off Fuel Systems and Aftermarket segments
Moves consistent with company’s “Charging Forward” electrification strategy
Komatsu comments on Russia policy
Chief executive said company has no immediate plans for full exit
BorgWarner Acquires Drivetek AG
Another move to strengthen specialty power electronics, high-voltage eFan capabilities
More acquisitions for Comer Industries
Comer Industries announced the acquisition of Benevelli Electric Powertrain Solutions and Sitem Motori Elettrici.
On-highway engines, vehicles on a roll despite weakening economy
North American transportation industry investing in new powertrain initiatives, vehicles despite weaker economic outlook
Cummins closes on Siemens CV business
Transaction by Meritor subsidiary expected to accelerate development of electrified power solutions
ATAE to introduce Munro utility BEV
The new utlity vehicle will be targeted at agriculture, forestry and mining industries
Combining to make Versatile tractors more versatile
Collaboration between Cummins, Elevāt and STW Technic to bring whole machine IoT and telematics capability to Versatile ag tractors starting in 2024
Sales for surface mining equipment up
Third quarter of the year sees 3.5% increase in units shipped compared to last quarter
Hyundai Doosan Infracore hits G2 milestone
500,000th small diesel engine produced at Incheon, Korea, facility
Caterpillar operates its first battery-electric haul truck
Company to turn Arizona proving ground into “mine of the future”
Equipment rental revenue still growing: ARA
Single digit increases forecast for the U.S. and Canada
Volvo CE to participate at ConExpo 2023
Swedish giant to blend face-to-face and virtual exhibits for a post-pandemic audience
Hyundai Doosan Infracore in ag engine deal
Will supply 8000 engines to Italian equipment manufacturer Goldoni Keestrack
Cummins, Tata sign MoU for zero-emissions vehicles
Agreement to cover development of hydrogen engines and fuel cells, BEVs for Indian commercial vehicle market
Record increase for Wacker Neuson in Q3 results
European market remains strong, accounting for 76% of sales
Oshkosh Corp. to acquire Hinowa for $192M
Following a 12-year partnership, JLG’s parent company to purchase Italy based access equipment manufacturer
Torc Robotics, TNO collaborate on vehicle autonomy
Strategic collaboration will work to substantiate safety of self-driving trucks using TNO’s StreetWise methodology
United Rentals to buy Ahern Rentals
Ahern acquisition will cost United US$2 billion
Skyjack to produce in Mexico
Following an uptick in Q3 sales, Skyjack looks to expand manufacturing in Mexico, debuts new tech
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