Daimler AG said Tuesday it took its first quarterly loss in nearly two years on declining sales, Bloomberg reported.
February 17, 2009Search
Showing 10 of 52441 results
New York Factory Index Drops to Record Low
Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Tuesday.
February 17, 2009Eaton to Provide Transmissions to Indian Truck Maker
Truck parts manufacturer Eaton Corp. said it has signed an agreement with India鈥檚 Tata Motors, that country鈥檚 largest automotive manufacturer, to provide heavy-duty truck transmissions through 2014.
February 16, 2009BorgWarner, GE Locomotive Announce Layoffs
BorgWarner Turbo Systems said it is laying off 140 workers at its plant in Arden, N.C., that manufactures turbochargers for diesel trucks and construction equipment.
February 16, 2009Diesel Falls 3.3垄 to $2.186
The national average price of diesel fuel fell another 3.3 cents to $2.186 a gallon, while gasoline rose for the sixth time in seven weeks, Energy Department said.
February 18, 2009Test Drive Helps Kenworth Refine Its New Truck, Trailer Designs
RENTON, Wash. 鈥 In the struggle to squeeze a few more miles out of each tank of fuel, truck makers are designing tractors with the aid of computer models and wind tunnels more generally used to tweak race cars or airplanes.
February 16, 2009Supplier Groups Explore Aid to Sustain Vehicle Production
The Motor & Equipment Manufacturers Association and Original Equipment Suppliers Associations are discussing the plight of the automobile industry with President Obama鈥檚 administration, the Treasury Department and members of Congress as the federal government advances plans to disburse funds from emergency financial relief legislation approved last year.
February 16, 2009Xata Gets $3.1M Capital Infusion From Investment Firms
Mobile Communications and software provider Xata Corp. received a $3.1 million influx of cash from a pair of venture capital funds, the company reported Friday.
February 17, 2009Consumer Confidence Index Declines
U.S. consumer confidence declined this month, according to the Reuters/University of Michigan鈥檚 final monthly consumer sentiment index released Thursday.
February 12, 2009Opinion: Choosing Truck-Driving Instructors
Last January, our company launched an 鈥渋nstructor-of-the month鈥 program. We began by inviting directors of truck-driver training programs to nominate individuals, and then we interviewed the winning instructors.
February 12, 2009