Michigan specialty vehicle maker Shyft to merge with Swiss company

Blue Arc van — The Shyft Group, formerly known as Spartan Motors, said earlier this year that its Blue Arc electric truck is ready to join FedEx's fleet. (SHYFT GROUP/The Shyft Group, Inc.)

Reuters Reuters

December 16, 2024 12:03 PM

U.S. specialty vehicle manufacturer Shyft Group and Switzerland-based Aebi Schmidt will merge in an all-stock deal, the companies said Dec. 16.

Latest News

‘Most stunning’ estate sale at the home of late Ford CEO Donald Petersen postponed on final day

Daily 5 report for April 25: Public gets a rare glimpse at the personal home of an automotive titan; final day of sale postponed

Q&A: Toyota Chairman Akio Toyoda talks about biggest challenge, top wish for son, Toyota EV sports cars

Akio Toyoda safeguards family’s legacy while looking to Toyota’s future

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Top 5 stories of the week: Stellantis restarts Canada plant, Nissan sues a New Jersey dealership

Top 5 Canadian auto stories this week: Subaru’s production shift; CADA’s safety proposal; new Trump threats; more

Here’s the latest on upcoming parts tariffs as Trump administration considers relief

Trump tariffs erode U.S. auto trade reputation, upend global supply chain

Staying current is easy with newsletters delivered straight to your inbox.