The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.
August 7, 2024Search
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Lack of Standard Training for EV Techs Perpetuates Shortage
There’s an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There’s no nationwide standard for training those technicians.
August 7, 2024Continental Gains After Car-Parts Returns Turn Positive
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.
August 7, 2024Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid
A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.
August 7, 2024Bestpass, Drivewyze Join Forces in Major Acquisition
Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.
August 7, 2024Rivian Holds to Annual Production Goal Unchanged Since 2023
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.
August 6, 2024WK Kellogg to Close Omaha Plant, Downsize in Memphis
WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities.
August 6, 2024Fiscal 2025 Bills on Congress’ Fall Calendar
When senators return to Washington from their August recess, passing fiscal 2025 legislation will headline the chamber’s agenda, Majority Leader Chuck Schumer said.
August 6, 2024Ice Cream Giant Wells Enterprises Plans $425M New York Expansion
Wells, headquartered in Le Mars, Iowa, produces more than 200 million gallons of ice cream annually and distributes products in all 50 states.
August 6, 2024Nissan Is Developing ‘Cool Paint’ for Cars
Nissan showed Aug. 6 what it called a “cool paint†to keep people inside vehicles cooler, although the coating is six times thicker, making commercialization still a challenge.
August 6, 2024