Knorr-Bremse Acquires Dutch Digital Platform TRAVIS to Expand Commercial Vehicle Services
MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems for trucks and trains, announced on Monday it has agreed to acquire Dutch digital services platform TRAVIS Road Services International B.V. The deal, valued in the mid-double-digit million-euro range, represents the latest...

HAPPENING NOW

STAY IN THE KNOW
Industrial Robot Installations Fall in EU Automotive Industry While Global Demand Doubles
The European Union's automotive industry recorded a 5% year-on-year decline in industrial robot installations in 2024, with only 30,650 units deployed across the bloc's vehicle-producing countries. This contraction comes despite the automotive sector traditionally accounting for approximately...

SPOTLIGHT

NEWS IN BRIEF

POPULAR