Daimler is to invest €500m (£450m) to develop a level 4 autonomous truck, with a view to bringing it to market within a decade. Speaking at the North American launch of the new Freightliner Cascadia earlier this month, which has the same level 2 autonomy as the new Mercedes-Benz Actros, Daimler Trucks & Buses CEO Martin Daum said: “With the new Cascadia we have reached level 2, but now we plan to skip level 3 and target level 4 instead.” […]
Volvo Group has made a €400m (£317m) provision after being notified by the European Commission (EC) that it is suspected of involvement in a cartel, along with several other heavy- and medium-duty truck manufacturers.
Chinese automotive group Zhejiang Geely Holding has purchased almost 10% of Daimler, just weeks after becoming the largest shareholder in truck manufacturer AB Volvo.
Lancashire-based Yearsley Group has unveiled its refreshed livery on 30 new Mercedes-Benz Actros trucks.