Sinking Auto Steel Demand Reveals Cracks in Robust US Market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.
November 2, 2021Volvo’s Voorhoeve Sees Growing Market for Electric Trucks, Driver-Assist Tech
NASHVILLE, Tenn. — Volvo Trucks North America CEO Peter Voorhoeve sees expanding opportunities for electric-powered trucks and further growth for driver-assistance technologies in this time of transformation for the commercial vehicle market.
November 2, 2021Drive your fleet forward with AI boosted automated vehicle inspections
Fleets juggle the need to manage maintenance costs and maintain safety while keeping the wheels turning. Learn how UVeye’s automated inspection systems powered by AI delivers uptime, safety and maintenance benefits in real-time. Predictive fleet maintenance for the 21 century.
November 1, 2021Hino Launches Latest Connected Vehicle Platform
Hino Trucks, a Toyota Group company, announced the introduction of Hino Edge, the truck maker’s third-generation connected vehicle platform.
November 1, 2021Fontaine Heavy-Haul Adds 60-Ton Trailer
Fontaine Heavy-Haul announced the launch of its Magnitude 60HD modular low-bed trailer.
October 29, 2021Daimler Q3 Net Income Rises Slightly, Revenue Dips
Daimler AG reported modestly higher net income and a dip in revenue in the third quarter as truck sales rose, but sales of Mercedes-Benz vehicles plunged.
October 29, 2021Navistar Agrees to Pay $52 Million Civil Penalty for Sale of Certain 2010 Engines
Navistar Inc. has agreed to a civil settlement with the U.S. Department of Justice under which the manufacturer will pay a $52 million penalty but admit no wrongdoing in connection with the sale of 7,749 heavy-duty diesel engines in 2010 that the government alleged were sold in violation of the Clean Air Act.
October 29, 2021Volvo’s IPO Marks One of Europe’s Biggest in 2021
Volvo Car AB gained in its trading debut in Stockholm after raising 20 billion kronor ($2.3 billion) in an initial public offering, as investors bought into the company’s successful turnaround and promise of an electric future.
October 29, 2021Allison Rides Demand to Higher Q3 Results
Allison Transmission Holdings Inc. notched higher third-quarter net income and revenue amid demand rising to near pre-pandemic levels.
October 28, 2021Traton Group Reports Higher Net Income, Revenue
Traton Group, which now includes U.S.-based truck maker Navistar, reported gains in net income and revenue for its 2021 nine-month period on the strength of truck manufacturing and financial services.
October 28, 2021