Industry News
Latest in a series of agreements broadening equipment offering for distributors adds utility track plows and attachments.
New powertrain part of global platform strategy.
Hyundai Heavy Industries will acquire a 35% share in Doosan Infracore for €630 million
Power rental company considering cash offer from TDR Capital and I Squared Capital
Cooperation to include supply of Cummins mid-range diesels for Isuzu trucks beginning this year.
Kansas and New Jersey locations remain open but are merged into single Magni America division
Solid fouth quarter performance highlights strength of ag equipment markets.
Company projecting full year 2021 revenues to rise 8 to 12%.
Move is part of plan to raise £2 billion from disposals
Duplomatic Group merges North American operations
Collaboration also aims to grow service business for both companies
Meritor to supply Volta, Lion and Autocar with Blue Horizon 14Xe electric powertrains.
Sets bound for Greek shipping company
Manufacturer’s 2020 full year sales drop 8%, but fourth quarter net order intake up 31%
1.8 MW emergency gen-set installed
New engine range targets emergency standby applications.
Manufacturer’s 2020 fourth quarter Construction Industries segment down 15% due to lower demand
New Volvo Energy group aimed at strengthening battery activities, charging infrastructure.
Navistar combined with GM, OneH2 Team on end-to-end solution for zero-emissions long haul trucking.
Company to take on extra staff as 2021 “starts strongly”