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Isotta Fraschini Motori, Marco Golinelli is the new CCO

Marco A.G. Golinelli has joined Isotta Fraschini Motori as the new Chief Commercial Officer (CCO). With his extensive expertise as Director Energy Solutions, and the cogeneration sector, Marco will undoubtedly bolster Isotta Fraschini Motori’s ongoing success and growth.
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VM Motori is ready for the relaunch

Rumors are intensifying around the sale of VM Motori, which is expected to take place in 2024. We are behind schedule, compared to the forecasts of the Emilia Romagna region, but the rumors remain and the clues lead to northern Italy
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[Interact Analysis] Forecasts for the global forklift market

Interact Analysis has recently updated its forecasts for the global forklift market. It was initially expected that the market would decline in 2024. However, North America actually saw a significant increase in order volume in the final quarter of 2023. In China, sales in January 2024 experienced a...
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MAN: Alexander Vlaskamp has been confirmed as CEO for further 5 years

The supervisory boards of MAN and Traton have extended his contract until November 2029 ahead of schedule, MAN states in a press note. Vlaskamp has been in charge of MAN Truck & Bus since the end of 2021, following Andreas Tostmann. Vlaskamp’s former roles included working for Scania in Germany and ...

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FPT Industrial: let’s go, XC13

The XC13 surely sounds agnostic in FPT Industrial’s unofficial nomenclature; it comes, indeed, with a tripartite certification: Euro 6E (winking an eye at the upcoming Euro 7), methane gas and also biofuel, with a link to hydrogen. Andrea Abbà, FPT’s product marketing manager, told us about dialogui...

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Langley Holdings: 2023 annual report

A few days ago Langley Holdings released its IFRS Annual Report & Accounts for 2023. The Power Solutions Division, encompassing subsidiaries Bergen Engines, Marelli Motori and Piller Group, was a significant contributor to the year’s result.
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Court confirmation of Sono Motors’ insolvency and restructuring plan

Sono Motors, the Munich-based solar technology company and subsidiary of Sono Group N.V., announced the confirmation of its insolvency and restructuring plan by the insolvency court of the local court of Munich, Germany, as well as the closing of its recently announced investor deal with YA II PN, L...
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Proterra battery business becomes part of Volvo Group 

On the 1st February 2024 Volvo announced it has completed the acquisition of battery business from Proterra. The intention was announced in November 2023, when Volvo Group had been selected as the highest bidder in an auction for the business and assets of the Proterra Powered unit.
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Cummins reports fourth quarter and full year 2023 results

Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.
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