Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.
October 26, 2020Search
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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, 2020Daimler 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, 2020Whiting Systems Opens New Georgia Distribution Center
Whiting Systems opened a new distribution fulfillment center in Georgia, the company announced Oct. 21.
October 23, 2020Continental 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, 2020Allison 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, 2020Analysts 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, 2020Volvo Sees Q3 Profit, Revenue Fall but Notes Improvement Near End of Quarter
Volvo Group posted third-quarter declines in net income and revenue as truck orders rose but deliveries dropped.
October 20, 2020Paccar Q3 Net Income, Revenue Fall Amid Signs of Rebound
Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results.
October 20, 2020VTNA 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