BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.
October 20, 2017Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Broad-Based Demand Powers Class 8 Sales
U.S. retail sales of Class 8 trucks in September hit their highest level in 16 months, climbing over 17,000 units as a broad cross-section of buyers sought trucks, experts said.
October 19, 2017Daimler Takes Steps to Separate Car, Truck Units
Daimler AG announced it is taking steps to separate its Daimler Trucks & Bus and Mercedes-Benz Cars & Vans divisions into two legally independent and more entrepreneurial entities still under the “roof and the lead” of Daimler.
October 19, 2017
Alphabet Unit Leads $1 Billion Investment in Lyft
Alphabet Inc.’s investment arm, CapitalG, led a $1 billion investment in Lyft Inc. that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
October 19, 2017FMCSA Grants UPS Several ELD Exemptions
The Federal Motor Carrier Safety Administration will grant UPS Inc. temporary exemption from parts of the upcoming electronic logging device mandate, according to a document scheduled for publication in the Federal Register on Oct. 20.
October 19, 2017Navistar-GM Partnership Spurs Michigan Trucking Firm to Expand to Ohio, Hire 100
The Navistar-GM partnership in Springfield, Ohio has lead a Michigan trucking company to open a new terminal in Springfield, a move that could lead to a $5.2 million investment and more than 100 jobs over three years.
October 19, 2017How Trump Getting His Way on NAFTA Would Reshape the Auto Sector
Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.
October 18, 2017Alphabet to Pack its Digital City With Autonomous Delivery Vans
Alphabet Inc.’s autonomous vehicle technology will be a big part of its Toronto project to make urban life more Googley.
October 18, 2017Medium-Duty Sales Ride Classes 4-5 to Gains in September
Sales of medium-duty trucks rose 5.8% in September, led by sales of trucks in two of the lightest classes, WardsAuto.com reported.
October 18, 2017