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...
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...