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Trailer Orders Continue Sequential Improvements in December

U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.

January 18, 2024

Goodyear Names Stellantis’ Mark Stewart as CEO

Goodyear Tire & Rubber Co. named Stellantis NV executive Mark Stewart as CEO following a pressure campaign by shareholder activist Elliott Investment Management.

January 18, 2024

Allison Transmission Employees Ratify Four-Year Labor Deal

Around 1,500 unionized employees at Allison Transmission Holdings on Jan. 16 ratified a revised four-year labor agreement, the United Auto Workers union Local 933 said Jan. 17.

January 17, 2024

Schaeffler Pushes Toward Class 8 With Electric Drivetrain

LAS VEGAS — Component maker Schaeffler is developing an electric axle, motor and battery drivetrain package for North American commercial vehicles, up to and including Class 8 trucks.

January 17, 2024

Court Rejects VW’s Plan to Fix Engines With Software Update

Volkswagen AG lost another lawsuit in a German court over its software fix for engines in the wake of the diesel scandal that tarnished the reputation of Europe’s biggest carmaker.

January 17, 2024

FMCSA Weighs Carrier Fitness Determination Rewrite

The Federal Motor Carrier Safety Administration is reviewing six research papers as it weighs revision of its motor carrier safety fitness determination rules, the agency said.

January 17, 2024

Car Safety Systems Less Effective in Detecting Trucks

Better front crash prevention technology in passenger cars could prevent 5,500 rear-end accidents with medium and heavy trucks, according to the Insurance Institute for Highway Safety.

January 17, 2024

December Medium-Duty Sales Rise 9.1% Year-Over-Year

U.S. retail sales for medium-duty trucks rose 9.1% year-over-year in December while finishing 2023 some 8.4% higher than 2022’s full-year total, according to data from Wards Intelligence.

January 16, 2024

Truck Maker Xos Bolsters Finances as Deliveries Ramp Up

Classes 5-8 electric truck maker Xos obtained a $48.5 million capital infusion from serial e-mobility investor ElectraMeccanica, the companies said.

January 16, 2024

Maryland to Receive $15 Million for EV Charging Network

BALTIMORE — Maryland will use its share of $623 million in federal funding to develop 58 EV charging stations, some of which would be located in disadvantaged communities.

January 16, 2024