DTNA, Navistar Announce Voluntary Safety Recalls
The National Highway Traffic Safety Administration reported it administered almost 900 safety recalls in 2019, affecting more than 38 million vehicles. Two recent voluntary safety recalls illustrate the kinds of issues truck makers are adjusting to and how the agency is overseeing those efforts.
July 13, 2020Michigan Creates Office to Navigate Emerging Tech in Transportation
Michigan is creating a centralized team to handle future technology issues, with the new Office of Future Mobility and Electrification.
July 13, 2020Tesla Soars on Optimism for ‘Battery Day,’ India Market, S&P
Tesla Inc.’s relentless surge continued July 13 amid several upcoming events that include the possible unveiling of new battery technology from the electric vehicle maker, entry into a lucrative new market and the potential inclusion of the stock into the prestigious S&P 500 Index.
July 13, 2020Mack, VTNA Extend Respective Uptime Services Support at No Cost
Volvo Group’s commercial truck brands Mack Trucks and Volvo Trucks North America separately announced they extended their uptime services support bundle at no cost through the end of the year, or a minimum of three months, whichever is longer.
July 10, 2020Chevron, Clean Energy Partner on Adopt-a-Port Initiative to Reduce Emissions
Chevron Corp. announced it is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with carbon-negative renewable natural gas to reduce emissions.
July 10, 2020EV Maker Rivian Raises $2.5 Billion in New Funding Round
Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.
July 10, 2020Dana Introduces New Drive Technologies
Dana Inc. announced new drive technologies for material-handling vehicles, including a low-voltage, high-efficiency motor for electric-powered applications.
July 10, 2020Consumer Brands Spearheads Contactless Delivery Task Force
A task force was launched to develop standards for reducing human contact when moving freight from Class 8 vehicles to last-mile drop-offs.
July 9, 2020Musk Says Tesla Is ‘Very Close’ to Developing Fully Autonomous Vehicles
Tesla Inc.’s Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he has made for years but been unable to achieve.
July 9, 2020May Extends Slide in Used Class 8 Truck Prices
The year-over-year average price of a used Class 8 vehicle fell for the 13th consecutive month in May. Sales at retail outlets held up, while inventories headed down because there was no deluge of equipment flooding the market as a casualty of the COVID-19 pandemic, ACT Research reported.
July 8, 2020