OEM News Updates

Business

OEMs Report Strong 1Q Results

Truck maker Paccar Inc. and the truck divisions of Daimler AG and Volvo AB reported improved first-quarter results as economic growth and replacement demand continued to drive purchases in North America.

May 5, 2014
Business

OEMs Post Mixed Quarterly Earnings

Truck manufacturers Daimler Trucks and Paccar Inc. posted higher third-quarter profits, but Volvo AB reported lower earnings.

November 4, 2013
Business

OEMs Object to Test Plan For Stability Control Rule

WASHINGTON — While expressing support for a proposed electronic stability control mandate for heavy vehicles, the companies that make those vehicles strongly objected to the regulation’s test procedure for getting vehicles certified and urged federal regulators to consider alternative tests.

July 30, 2012
Business

Class 8 Truck Orders Soar

Orders for new Class 8 trucks in North America jumped 85% in May compared with a year ago, and manufacturers said component shortages — particularly axles and tires — were affecting output.

June 13, 2011
Business

More Foreign Competition Seen Hurting North American OEMs

Low-cost commercial vehicle producers in Russia, India and China are poised to push North American OEMs out of truck markets in emerging nations within four years, according to a study by AlixPartners LLP.

September 27, 2010