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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, 2009

Daimler Reports Fourth-Quarter Loss

Daimler AG said Tuesday it took its first quarterly loss in nearly two years on declining sales, Bloomberg reported.

February 17, 2009

Eaton 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, 2009

BorgWarner, 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, 2009

Diesel 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, 2009

Test 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, 2009

Supplier 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, 2009

Xata 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, 2009

Consumer 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, 2009

Opinion: 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