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ACEA: EU commercial vehicle registrations: down 23.2% in Q1 2020; -47.3% in March

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In March 2020, demand for new commercial vehicles fell by 47.3% across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). New commercial vehicle registrations by type in the EU. less than last year.

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Schaeffler introducing 4in1 electric axles for EVs

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In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. This would extend also to tailored electric axles and components for the electrification of commercial vehicles and heavy-duty applications. In September 2021, production started at its plant in Szombathely, Hungary.

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