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As technology continues to transform the commercial truck market, Daimler’s Richard Howard sees a similar evolution underway on the financial services side of the industry.

Paccar Inc. reported fourth-quarter net income rose 26% and revenue increased by about $1 billion compared with a year earlier.

LANSING, Mich. — General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

Affinity Truck Center achieved certified electric vehicle dealer status at its Fresno, Calif., dealership from both Mack Trucks and Volvo Trucks North America, each a brand of Volvo Group.

COLUMBUS, Ohio — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games.

The Traton Group reported sharp increases in its unit sales and incoming orders for commercial vehicles in 2021 compared with 2020 despite the continuing influence of the COVID-19 pandemic and the difficulties in the supply of semiconductors.

U.S. retail sales in December of Classes 4-7 commercial vehicles reached the second-highest volume for 2021 despite declines across the board. Sales in the month fell 8.9% compared with a year earlier, WardsAuto. com reported.

If you want to better understand current conversations in equipment and maintenance — from HVAC maintenance and trailer exemption rules to recruiting and retaining diesel technicians — then join us at En(Gauge)!

DETROIT — California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.