Premiere at IAA Transportation 2022: Grammer unveiling innovative driver seat for trucks and buses

Grammer AG, August 18, 2022 – Compact, smart and comfortable: Grammer, one of the world’s leading manufacturers of commercial vehicle seats, is presenting its MSG 90.7 driver seat for the first time at IAA Transportation in Hanover. It complements Grammer’s portfolio by adding a newly designed seating solution meeting the latest ergonomic requirements for medium… Continue reading Premiere at IAA Transportation 2022: Grammer unveiling innovative driver seat for trucks and buses

Valmet Automotive battery system to the Ponsse EV1 electric forest machine technology concept

Valmet Automotive supplies the battery system to the new electric Ponsse EV1 forest machine technology concept. The battery system designed and manufactured by Valmet Automotive is implemented into the EV1 in cooperation with Ponsse’s technology company Epec, which is responsible for the design and construction of the concept’s electric powertrain. Valmet Automotive’s battery business has… Continue reading Valmet Automotive battery system to the Ponsse EV1 electric forest machine technology concept

Ubility One from Grammer at InnoTrans and IAA Transportation: A new approach to sustainable seating on buses and trains

Grammer AG, August 16, 2022 – Climb aboard and sit down in the passenger seat of the future: Grammer, one of the leading international manufacturers of commercial vehicles and passenger seats, will be presenting the innovative Ubility One product family at InnoTrans and IAA Transportation, the two leading international trade shows for transport and logistics.… Continue reading Ubility One from Grammer at InnoTrans and IAA Transportation: A new approach to sustainable seating on buses and trains

GRAMMER AG Publishes Figures for First Half of 2022

GRAMMER Group revenue increases by 6.4% to EUR 1,034.6 million, driven mainly by the Commercial Vehicles Division and positive currency effects AMERICAS (+28.6%) and EMEA (+2.7%) regions record revenue growth, but substantial downturn in APAC (-14.2%) due to COVID-19 lockdowns in China Operating EBIT down considerably year-on-year at EUR -12.3 million (H1 2021: EUR 32.4… Continue reading GRAMMER AG Publishes Figures for First Half of 2022

Quanergy Receives Multi-Million Dollar Order from Prime Secured

SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Prime Secured will use Quanergy’s products and software to provide its customers with greater physical security and flow management capabilities. Nebraska-based Prime Secured works with customers across sectors including education, the financial sector, municipalities, retail and… Continue reading Quanergy Receives Multi-Million Dollar Order from Prime Secured

Allison Transmission Announces Board Changes

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has taken a range of Board refreshment actions, including naming Richard P. Lavin to succeed Thomas W. Rabaut as Lead Independent Director effective as of the date of the 2023 annual meeting of stockholders. Additionally, four new independent directors, Philip J.… Continue reading Allison Transmission Announces Board Changes

Quanergy Announces World’s First 2D 360° PoE LiDAR Sensor

SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, Inc., (NYSE: QNGY) (“Quanergy”) a leading provider of LiDAR sensors and smart 3D solutions, today announced the M1 Edge PoE LiDAR sensor, building on the company’s M1 Edge™ solution. This new IoT sensor expands Quanergy’s presence in the security Perimeter Intrusion Detection (PID) market, by providing higher detection accuracy at a… Continue reading Quanergy Announces World’s First 2D 360° PoE LiDAR Sensor

Allison Transmission Announces Second Quarter 2022 Results

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported net sales for the second quarter of $664 million, a 10 percent increase from the same period… Continue reading Allison Transmission Announces Second Quarter 2022 Results

Cummins Completes Acquisition of Meritor

COLUMBUS, Ind.–(BUSINESS WIRE)–Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor’s people, products and capabilities in axle and brake technology will… Continue reading Cummins Completes Acquisition of Meritor

Food and Distribution Fleets Choose Allison’s 3414 Regional Haul Series™ Transmission

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the award-winning Allison 3414 Regional Haul Series™ fully automatic transmission is now running in three of the top five largest private fleets in North America, which operate approximately 25,000 tractors combined. This growth is the result of Allison’s investment in developing the 3414 Regional Haul Series, along… Continue reading Food and Distribution Fleets Choose Allison’s 3414 Regional Haul Series™ Transmission