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ZF names Electrified Powertrain Chief Mathias Miedreich as new CEO

Mathias Miedreich will be the new CEO of ZF, starting from the beginning of October. Indeed, the Supervisory Board of ZF Friedrichshafen AG decided to terminate the existing contractual relationship with the current CEO, Holger Klein, by mutual amicable agreement. He will leave the Board of Manageme...

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Proterra seeks Chapter 11 bankruptcy protection

Proterra has filed for Chapter 11 protection in a bid to reinvigorate its financial standing. While navigating this process, the company is committed to maintaining normal business operations and harnessing the opportunity to optimize its product lines. Reuters noted that ”Proterra, whose shares nea...

MAN truck and bus sales increased of 61% in first half of 2023

MAN Truck & Bus recorded a 4% increase in order intake in the first half of 2023 (up to 49,517 vehicles). in the first half of the year, while unit sales increased very strongly to 56,173 trucks, buses, and vans (+61%). The previous year’s unit sales were at a low level due to the producti...
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