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Daimler Trucks handed over the first all-electric Fuso eCanter trucks to three fleets in Great Britain. This now brings the electric light-duty truck to a further major market following the market launches in New York, Tokyo, and Berlin.
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Dana Inc. has signed an agreement to merge with the Driveline division of UK-based automotive system supplier GKN plc to create Dana plc, a global provider of driveline systems, in a move that will position it for the vehicle electrification market.
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Salvage auction specialist Copart has acquired Autovahinkokeskus Oy, a salvage auto auction company based in Finland, the company announced.
Read More →Australian fleet-services firm SG Fleet Group recorded a net profit of $31.6 million for the 2017-18 financial year, continuing the company’s doubled-digit profit growth every six months since listing on the Australian stock exchange in 2015.
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Toyota unveiled a new Yaris to the South African market that has increased the size of the previous model and offers more interior space.
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Sofico has established new subsidiary Sofico Services Germany GmbH to better serve its customers in the country with its services in auto financing, leasing, and fleet software.
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Karin Meersman was named European fleet manager for Stanley Black & Decker. She assumed the position in January.
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The Federal Administrative Court in Leipzig, Germany, said Stuttgart and Düsseldorf could ban older, more pollutant diesel cars in a ruling that would allow the cities authority to implement limited bans that would prevent some cars from driving into the city center.
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The XC40 is Volvo’s first small SUV. It is built on a new modular frame that will underpin all future 40 Series models, including fully electric vehicles. The XC40 offers three powertrains, including a three-cylinder engine, a first for Volvo Cars.
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Chinese auto manufacturer Geely Holding has purchased a $9 billion stake in Daimler AG, making it the largest investor in the German automaker, according to a report in Bloomberg.
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