Truck maker Greenkraft Inc. announced plans to expand to a bigger factory in 2017 and also introduce a new line of alternative fuel Classes 6-7 cab-forward trucks called the G3 and G4, respectively, it said.
February 17, 2017OEM News Updates
OEMs Eke Out 2016 Profits; European Sales Strongest
Three of the world’s largest heavy-duty truck makers remained profitable in an anemic 2016, with fourth-quarter results revealing that European sales outpaced the North American market.
February 6, 2017Existing US °®¶¹´«Ã½s Sales Fell in December, But 2016 Still Best in a Decade
Sales of previously owned U.S. homes declined more than forecast in December, data from the National Association of Realtors data showed Jan. 24. Still, sales for the full year were the strongest since 2006.
January 24, 2017Sales of New °®¶¹´«Ã½s Rise to Second-Fastest Pace Since 2008
Purchases of new U.S. homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts.
December 27, 2016Existing °®¶¹´«Ã½ Sales Climb to Highest Level Since Early 2007
Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed Nov. 22.
November 22, 2016OEM Engines Grow Share
Class 8 engines from Daimler Trucks North America became the most installed in trucks leaving North American factories for the first half of 2016, surpassing those from longtime industry leader Cummins Inc.
August 15, 2016OEMs, Suppliers Tested by Falling Sales, Generate Mixed Second-Quarter Results
Truck and trailer makers are usually profitable during the second quarter, but original equipment manufacturers and their largest suppliers reported they had to cope with falling sales year-over-year.
August 8, 2016VW Diesel Settlement Possible Boon for Heavy-Duty Truck, Engine Manufacturers
Volkswagen AG’s recent legal settlement with states, territories and tribes for cheating on pollution tests requires it to pay $2.7 billion into an “environmental remediation fund" aimed at cleaning up the damage its cars have done, which could mean grants for new school buses, upgraded port facilities and cleaner tractor-trailers.
July 6, 2016May Truck Orders Plunge 30%; OEMs Plan Additional Cutbacks
Class 8 truck orders in May plunged 30% year-over-year, two research firms said, underscoring two truck manufacturers’ recently announced plans to trim production for the second time this year.
June 13, 2016Vertical Integration Among OEMs Could Limit Emissions Technologies, Experts Say
LONG BEACH, Calif. — Industry executives suggested vertical integration among truck makers will extend into emissions- and fuel-saving technologies in the future and ultimately limit the number of innovations.
May 4, 2016Trending
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