MILAN — Stellantis on July 26 reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe.
July 26, 2023Search
Showing 10 of 8371 results
Paccar Sales, Parts Unit Push Quarterly Profit to Record
Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.
July 25, 2023Aurora Details Financial Plan, Unveils Lidar Breakthrough
Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.Â
July 25, 2023General Motors Q2 Earnings Rise 52% on Strong Sales, Prices
DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.Â
July 25, 2023Truckers Largely Oppose Side Underride Guard Proposed Rule
American Trucking Associations is among several industry stakeholders objecting to a NHTSAÂ proposal that would require side underride guards on heavy trucks.
July 24, 2023GOP House Leaders Investigate Ford Battery Agreement
WASHINGTON — Republican congressional leaders sent a letter to Ford CEO Jim Farley claiming documents show hundreds of jobs at a planned battery plant will go to employees of a Chinese firm.
July 24, 2023‘Family’ Reunion: Swan Qualifies for Sixth Nationals
Preparation paid off for FedEx Freight driver Paul Swan at the Colorado Truck Driving Championships. That it felt like a family reunion was just the cherry on top.Â
July 21, 2023Leasing Offers Pathway for Fleets Interested in EVs
Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.
July 24, 2023Volvo Signs Fuel System JV Deal With Canada’s Westport
Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.
July 21, 2023June Trailer Orders Drop 59% Year-Over-Year
U.S. trailer orders continued the trend of year-over-year declines with a large drop in June, according to data released by ACT Research.
July 20, 2023