FRANKFURT, Germany — Germany’s Daimler Truck AG and Sweden’s Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technologies.
April 29, 2021Search
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Wabash Posts Higher Q1 Profits, Raises Full-Year Guidance
Trailer maker Wabash National Corp. returned to first-quarter profitability compared with a year earlier and increased its full-year guidance on revenue.
April 28, 2021Average Used Class 8 Price in March Is Third-Highest Ever
The average used Class 8 truck in March brought the third-highest price ever as demand rages on and supply is very tight, ACT Research reported.
April 28, 2021Yellow’s Order for 1,222 579s With Paccar Powertrain Is Peterbilt’s Largest
Peterbilt Motors Co. announced Yellow Corp. placed an order for 1,222 Peterbilt Model 579s, the single-largest order of Peterbilt trucks equipped exclusively with a Paccar powertrain.
April 28, 2021N.Y. Bill Orders All-Electric Truck Sales by 2045
ALBANY, N.Y. — The state Senate on April 26 passed a bill that would essentially mandate that all new passenger cars sold in the state run on electric power by 2035 and trucks and other heavy duty vehicles run on electricity by 2045.
April 27, 2021Paccar Reports Surge in Q1 Net Income
Truck maker Paccar Inc. reported a surge in net income and improved revenue in the first quarter as its parts business achieved record revenue and pretax profits amid strong demand and booming e-commerce sales.
April 27, 2021Unpaid Taxes Another Troubling Sign for Lordstown Motors
CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
April 27, 2021Ford to Open Battery Research Lab in Electric Vehicle Push
Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.
April 27, 2021Rush Reports Q1 Jump in Net Income, Revenue Flat
Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.
April 27, 2021ELD Data Shows Effectiveness, Expert Says
New research and inspection data shows that electronic logging devices are largely on target to reach their goals of improving road safety and simplifying tracking hours of service, according to a technology expert.
April 26, 2021