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Stellantis CEO Mulls Exiting After Contract Ends in 2026

In his first public comments since Stellantis confirmed it had started searching for his successor, CEO Carlos Tavares signaled he’s open to leaving the automaker just over a year from now.

October 3, 2024

FedEx Freight’s Reed to be Honored at MCE

Jackie Reed's NTDC grand championship will be celebrated at American Trucking Associations' Management Conference & Exhibition in Nashville, Tenn., on Oct. 12-15.

October 2, 2024

Freightliner Teases Debut of Fifth Generation Cascadia

Freightliner teased an Oct. 15 unveiling of a revamp of its flagship Class 8 on-highway Cascadia model Oct. 1.

October 2, 2024

Stellantis’ US Sales Plunge in Sign of Deepening Strains

Stellantis NV’s U.S. sales plunged 20% last quarter as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.

October 2, 2024

FMCSA Targets Falsified ELD Records in New Approach

A fatal December 2022 crash in Virginia put a fresh spotlight on fraud, when a truck driver falsified ELD records to exceed the 11-hour driving limit.

October 2, 2024

Auto Sales Likely to Pick Up as Rates Fall

Sluggish car sales are expected to pick up later this year once the U.S. presidential election is over and the Fed’s recent reversal on interest rates starts to ease financing costs.

October 1, 2024

Traton Views Higher Margin on Electric Trucks, US Expansion

Traton SE is targeting slightly higher returns in the coming five years by expanding in North America and selling more higher-priced electric trucks.

October 1, 2024

Stellantis Recalls 200,000 Plug-in Jeeps Over Fire Risk

This recall is the latest setback for Stellantis, which has been grappling with declining sales, a falling stock price and unrest among dealers and unions.

September 30, 2024

Toyota Production Falls on Car Safety Scandals, US Recalls

Toyota Motor Corp.’s sales fell again after declines in Japan and China put an end to a short-lived recovery, while production was disrupted by domestic scandals and recalls abroad.

September 27, 2024