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Haldex Sees Net Income Fall, Revenue Rise in Q3

Commercial vehicle brake supplier Haldex AB reported lower third-quarter earnings and higher revenue as it increased sales slightly in North America.

October 24, 2019

At Tokyo Auto Show, Visions for Cars of the Future, but no Ghosn

TOKYO — The Tokyo Motor Show opens this week with plenty of futuristic technologies but absent one of the auto industry’s hugest influencers: Nissan’s former chairman, Carlos Ghosn.

October 23, 2019

Renault Joins Toyota, Mercedes With Hydrogen Van

Renault SA will offer its electric Kangoo van with added hydrogen fuel cells before the end of the year and roll out the technology to another model in 2020.

October 23, 2019

UPS, AmerisourceBergen Plan Drone Drug and Device Delivery

UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.

October 22, 2019

Rio to Produce Lithium in California, Joining Electric Car Battery Race

Rio Tinto Group is starting pilot production of lithium in California and will consider an expansion to become the top domestic supplier in the U.S. as the world’s biggest miners look to boost their exposure to the electric car battery revolution.

October 22, 2019

Einride Adds Investors, Eyes US Market

Einride, the Swedish provider of an autonomous, all-electric transport vehicle, announced $25 million in Series A funding to assist in expanding to the United States, among other goals.

October 21, 2019

FedEx Completes First Commercial Drone Delivery

FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.

October 21, 2019

Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability

ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.

October 18, 2019

Volvo Reports Modest Gains in Q3 Net Income, Revenue

Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.

October 18, 2019