Volkswagen AG announced on May 13 that it is resuming preparations for an initial public offering of Traton SE, with progress to be made “depending on further developments on capital markets.”
Volvo Trucks North America is on the hunt for a new chef executive after Göran Nyberg left to take a position with MAN Truck & Bus. Volvo has appointed Per Carlsson acting president.
Aiming to see if trucks digitally connected on the highway as platoons are ready to roll in the real world, German OEM MAN Truck & Bus has placed a number of units with a customer for months of evaluation in revenue service.
MAN Truck & Bus is teaming up with Volkswagen to add a new light commercial van to its product lineup, making the German-based company a full-range supplier offering commercial vehicles between 3 and 44 tons.
Brazilian automotive vehicle manufacturer association Anfavea has confirmed MAN Latin America as the market leader for trucks for the 12th year in a row. The company closed 2014 with 36,157 licensed units.
Brisbane, Australia-based Penske Commercial Vehicles has announced a new venture with U.S.-based Penske Truck Leasing, Co., L.P. to offer commercial truck rental services in Australia.