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Bendix Commercial Vehicle Systems said late Monday it will acquire Iteris Inc.’s vehicle sensors business, including Iteris’ lane departure warning system.

Truck component supplier Meritor Inc. rearranged its executive positions in the wake of the departure of Chief Operating Officer Carsten Reinhardt, who left the Troy, Mich., manufacturer last week.

Tom Linebarger, who will become Cummins Inc.’s next chairman and CEO on Jan. 1, said the company is well positioned to meet the competition of North American truck makers offering “vertically integrated” packages of their own trucks and engines.

The Manufacturers of Emission Controls Association said its members sold 24,640 diesel engine retrofit devices in 2010.

The Manufacturers of Emission Controls Association said even though its members installed more than 24,000 diesel retrofit devices last year, more government incentives are needed to upgrade the older diesel engines in operation.

Diesel engine maker Cummins Inc. said Tuesday it will boost its dividend to 40 cents per share, from 26.25 cents per share, effective Sept. 1.

Truck engine maker Cummins Inc. said late Tuesday that Chairman and CEO Tim Solso will retire at the end of the year.

Orders for new trailers in May increased 30% from a year ago but slipped from an April peak, although manufacturers said the market remained strong, with total orders through May 77% ahead of 2010 and with a growing backlog of deliveries.

Michelin North America said Thursday that its chairman, Richard Wilkerson, will retire by year’s end. He will be succeeded by Pete Selleck.

Truck component maker Accuride Corp. said it has acquired Camden, S.C.-based wheel maker Forgitron Technologies.