Business

German truck maker MAN AG will acquire the Brazilian truck and bus operations of Volkswagen AG, which is MAN’s largest shareholder, for an undisclosed sum, Bloomberg reported Monday.

The U.S. Environmental Protection Agency has issued its final rule requiring heavy-truck manufacturers to install onboard diagnostic systems starting in 2010 to alert drivers when engine emission systems are malfunctioning or deteriorating.

Trailer maker Wabash National Corp. said Monday it is suspending its quarterly dividend, “due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.”

U.S. industrial production fell 0.6% in November, the Federal Reserve said Monday.

The Used Truck Association has named Marty Crawford, an Atlanta-based dealer for Arrow Truck Sales, as its president.

Manufacturing growth in New York state continued to show contraction this month, hitting the lowest level on record, the Federal Reserve Bank of New York said Monday.

President-elect Barack Obama reportedly has settled on an experienced team to lead in environmental and energy policy areas, including two women reasonably well-known in trucking circles.

President-elect Barack Obama’s promise to sponsor the largest infrastructure-building program in more than 50 years has excited trucking officials, who also encouraged the new administration not to overlook the longer-term highway spending package due next year.

Truck manufacturers and truck-stop chains said their customers would find adequate supplies of urea around the nation when new heavy-duty diesel engines that utilize selective catalytic conversion hit the road in 2010 models.