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ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.

The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.

Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.

Old Dominion Freight Line's Virginia team is enthused about its chances competing at the National Truck Driving Championships in Indianapolis, and for good reason. 

Continental AG is considering spinning off and listing its struggling automotive business to separate it from the German parts maker’s more successful tire operations.

Some 422 elite truck drivers have descended on Indianapolis for the National Truck Driving Championships with the goal of emerging as the best in the country. 

An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.