Search

Showing 10 of 4393 results

= Premium Content

Cummins Sees Q3 Profit, Income Decline

Cummins Inc. reported lower net income and revenue in the third quarter, mirroring in part the drop in truck production.

October 27, 2020

Daimler, Waymo Partner to Develop Autonomous Trucks

Daimler Trucks and Waymo have announced an agreement to produce highly automated Level 4 commercial vehicles by combining Daimler’s trucks with Waymo’s technology.

October 27, 2020

Haldex Posts Q3 Net Loss as Production Falters in Key Markets

Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.

October 26, 2020

Rush Records Lower Profit on Reduced Revenue

Truck dealership Rush Enterprises posted lower net income and revenue as it forecast a gradual recovery from the effects of the COVID-19 pandemic.

October 26, 2020

Daimler Records Higher Net Income on Lower Revenue in Q3

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

October 23, 2020

Continental Is Said to Explore Sale of Turbocharger Business

Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.

October 22, 2020

Allison Gears Up for E-Axles

Allison Transmission Inc., widely known for its medium- and heavy-duty fully automatic transmissions, announced the launch of eGen Power, its series of zero-emission electric axles.

October 21, 2020

Analysts View Traton, Navistar Deal as Win-Win

Navistar International Corp. is on the verge of becoming a subsidiary of German truck maker Traton SE, a step analysts said is a positive development for both companies.

October 20, 2020

VTNA Awarded $21.7 Million in Grants to Deploy Electric Trucks

VTNA said it was awarded $21.7 million in federal and state grants to deploy 70 VNR Electric trucks in Southern California for regional freight distribution and drayage.

October 19, 2020

Traton, Navistar Reach Agreement on $3.7 Billion Buyout

Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.

October 16, 2020