Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million
Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.
July 22, 202426 States Sue NHTSA Over New Fuel Economy Rule
Twenty-six states led by Kentucky and West Virginia have filed a lawsuit to block a new fuel economy rule by the National Highway Traffic Safety Administration.
July 19, 2024Class 8 Sales Continue Trending Below Year-Ago Period
U.S. Class 8 retail sales in June experienced their 11th consecutive month of year-over-year declines, according to data from Wards Intelligence.
July 19, 2024Volvo Q2 Profits Jump on Price, Margin Increases
Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.
July 18, 2024Trailer Orders Fall 19% in June to 6,300 Units
U.S. trailer orders continued trending below the year-ago figures in June, ACT Research reported.
July 18, 2024Trucking Weathers Another Increase in Cargo Theft for Q2
The trucking industry continued to weather an increase in cargo theft activity during the second quarter of 2024.
July 18, 2024Paccar Technical Center Expands Campus, Adds Staff
The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.
July 18, 2024Peterbilt Rolls Out SmartLINQ Prognostics Software Addition
Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.
July 18, 2024Ford Commits $3 Billion to Boost Truck Output After EV Delay
Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.
July 18, 2024Daimler Truck Takes Chinese JV Write-Down, Cites Weak Sales
Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.
July 17, 2024