ºÚÁϳԹÏÍø

Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.

Allison Transmission Inc., widely known for its medium- and heavy-duty fully automatic transmissions, announced the launch of eGen Power, its series of zero-emission electric axles.

Navistar International Corp. is on the verge of becoming a subsidiary of German truck maker Traton SE, a step analysts said is a positive development for both companies.

VTNA said it was awarded $21.7 million in federal and state grants to deploy 70 VNR Electric trucks in Southern California for regional freight distribution and drayage.

Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.

Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.

Fiat Chrysler Automobiles NV agreed to invest as much as $1.1 billion (C$ 1.5 billion) in one of its two assembly plants in Canada as part of a tentative agreement reached with more than 9,000 local autoworkers.