Equipment

Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.

Senior members of the U.S. House Transportation Committee recently introduced legislation to enhance safety requirements for trains carrying hazardous materials.

Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.

Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.

Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.

Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.

General Motors will again push back the planned opening of an electric pickup truck plant in suburban Detroit and has delayed a Buick plug-in amid uncertain growth in battery-powered car sales.

DETROIT — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago.

Members of a specially appointed Truck Leasing Task Force recently concluded that many lease-purchase agreements don't give owner-operators a realistic chance to own their trucks.

Cracking down on predatory towing, Ontario now requires tow truck drivers and vehicle storage operators to have a certificate to operate in the first such move by a Canadian province.