Trailer and truck body manufacturer Wabash National Corp. reported lower net income and revenue in the third quarter, and saw gains in its consolidated gross margin.
November 5, 2020Search
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Class 8 Orders Spike in October
Preliminary net Class 8 orders for October, typically a bellwether month, were nearly 40,000 and the highest in 24 months, ACT Research reported.
November 5, 2020Ford’s October Sales Fall as F-150 Factory Retooling Takes Toll
Ford Motor Co.’s U.S. sales fell 6.1% in October, dragged down in part by a factory overhaul to produce the redesigned version of its top-selling F-150 pickup.
November 4, 2020Eaton Exceeds Own Expectations as Net Income, Revenue Fall
Eaton Corp. reported lower net income and revenue in the third quarter, but called it a stronger than expected performance.
November 3, 2020Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture
The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.
November 3, 2020FlowBelow to Relocate Texas Headquarters
FlowBelow Aero Inc. announced it will move its Texas headquarters and manufacturing operations from Austin to Round Rock on Dec. 1.
November 2, 2020US Manufacturing Gauge Expands at Fastest Pace Since 2018
U.S. manufacturing expanded in October at the fastest pace in more than two years, fueled by the strongest orders growth since early 2004 and a pickup in employment.
November 2, 2020Paccar Adds Hoods to Aftermarket Parts
Paccar Parts added TRP Hoods to its growing line of all-makes collision parts.
November 2, 2020Defense Sales Brighten Allison Q3 Results
Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter as its defense segment contributed higher sales.
October 29, 2020September Used Class 8 Sales Flat
The price of the average used Class 8 sold in September neared $40,000, building on recent gains, and sales were nearly flat compared with a year earlier, ACT Research reported.
October 29, 2020