GOTHENBURG, Sweden — Volvo Trucks CEO Roger Alm said the company’s goal of achieving 100% net-zero carbon emissions across its value chain by 2040 must benefit all parties involved.
April 9, 2024Search
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Nikola Class 8 FCEV Truck Production Nudges Up to 43 in Q1
Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.
April 8, 2024Q1 Auto Sales Grow 5.1% Despite High Interest Rates
DETROIT — New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed.
April 5, 2024Ford to Delay Production of New Electric Pickup, Large SUV
DETROIT — Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
April 4, 2024Class 8 Truck Orders End Two-Month Positive Streak in March
North American Class 8 truck orders fell year-over-year and from the previous month during March, according to ACT Research.
April 3, 2024Plunging Pickup Truck Sales Threaten Detroit’s Profit Engine
Sales of pricey pickup trucks at Stellantis, Ford and GM faltered in the first quarter, a sign that high borrowing costs are eroding Americans’ appetite for automakers’ main profit driver.
April 3, 2024Car Shipper Takes $10 Million Hit From Bridge Collapse
Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.
April 3, 2024Rivian Beats EV Production Estimates
Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.
April 2, 2024Tesla Sales Fall Way Short of Estimates
Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.
April 2, 2024Trucking Trade Groups Oppose EPA Phase 3 Rule
The Environmental Protection Agency’s Phase 3 emissions final rule has been met with widespread opposition by key players in the trucking industry.
March 29, 2024