Day: June 1, 2020

ZF puts down a big bet on future of commercial trucks

Even with headwinds brought on by COVID-19, ZF Friedrichshafen has not hit the brakes on its formidable designs to bolster its abilities in self-driving business automobiles.

The German provider of chassis, steering and braking factors and units shut its acquisition of trucking elements maker Wabco Holdings Inc. past week with hopes of forming a main built-in units service provider for business motor vehicle technologies.

ZF reported the Wabco addition allows its existing business-motor vehicle division to grow its abilities in motor vehicle dynamics regulate.

The deal — valued at more than $seven billion — also is predicted to considerably boost

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Volvo Car USA CEO Anders Gustafsson says virus should be catalyst for industry change

Gustafsson, 51, spoke very last thirty day period with Staff Reporter Urvaksh Karkaria about the company’s coronavirus response, the income outlook and the potential clients for Volvo’s controversial subscription program. In this article are edited excerpts.

Q: How are you managing operations through this period of uncertainty?

A: We took a final decision to empower the a few locations in the U.S. We expended a large amount of time receiving all people on board with the prepare, and then it’s up to them to get rapidly conclusions based mostly on their marketplace situations.

We are not likely to have any

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Mexico scrambles to meet U.S. need

But as Mexico moves to a new amount of economic action setting up Monday, June 1, authorities wellness authorities acknowledged past 7 days that coronavirus instances continue on to increase nationally irrespective of a keep-at-home software that started March 23 and was to conclusion Sunday, May possibly 31. Reuters reported that Mexico experienced additional than eighty one,000 coronavirus instances and 9,000 fatalities as of past 7 days.

“No just one must be puzzled that the in general epidemic in the country has arrived at its peak and is in decline,” reported Hugo López-Gatell, assistant secretary at the Health Ministry and

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