The Traton Group (which is in the process of buying Navistar) announced it is investing $1.9 billion in research and development of e-mobility by 2025, and cutting its investment in traditional drivetrains.
Penske to Acquire Australia & New Zealand Vehicle Distributor
Automotive retailer Penske Automotive Group, Inc., announced that it has signed an agreement to acquire a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia.
media brand