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Cummins Posts Q3 Income, Revenue Gains

Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.

November 2, 2021

Where Trucking Stands on Environmental Sustainability

NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.

October 27, 2021

Rivian Sees Deeper Loss on Higher Production Costs for Debut EV

Rivian Automotive Inc., the Amazon.com Inc.-backed electric-pickup maker that is seeking to go public, expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of its debut truck.

October 25, 2021

Volvo Trucks Outlines Next Steps Toward Carbon-Free Transport Vision

NASHVILLE, Tenn. — Volvo Trucks is ramping up sales and deliveries of battery-electric trucks while also reducing carbon emissions within its own facilities and supply chain in North America as part of its global efforts to improve environmental sustainability.

October 24, 2021

Specialty Trucks, Medium-Duty Poised to Propel EV Growth, Experts Say

NASHVILLE, Tenn. — There are a variety of specialty and medium-duty applications that can propel deployment of electric trucks in commercial settings, experts said during an Oct. 24 panel discussion at American Trucking Associations’ Management Conference & Exhibition.

October 24, 2021

Charging Infrastructure Key Factor for Electric Truck Deployments

NASHVILLE, Tenn. — As trucking fleets test and deploy their first electric-powered commercial trucks, they will need to navigate a learning curve that extends far beyond the vehicle itself.

October 24, 2021

Volvo Income, Revenue Rise Despite Supply Chain Disruptions

Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.

October 22, 2021

GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs

General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.

October 12, 2021

Stellantis to Turn Turin Factory Into Electric Car Hub

Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.

October 12, 2021

Elon Musk Now Dominating the World’s Richest List

Elon Musk is pulling away from the rest of the world when it comes to personal wealth.

October 8, 2021