Latest News Updates From Jonathan S. Reiskin

Government, Business

Appeals Court Restores Antitrust Suit Against Eaton and Every Heavy-Duty Truck Maker in North America

A decision by a federal appeals court panel has restored an antitrust lawsuit by truck buyers fleets and dealers against transmission maker Eaton Corp. and every heavy-duty truck maker in North America.

September 22, 2016
Business, Technology

Connected-Vehicle Spectrum Fight Intensifies

A battle within the business world is growing over the use of a slice of the radio frequency spectrum. It pits vehicle manufacturers and their allies against Wi-Fi providers, often owned by telecommunications companies.

September 19, 2016
Business, Autonomous

Volvo Unveils SuperTruck at DOE, Joins Stage 2 of Research Project

WASHINGTON Volvo Trucks North America unveiled its version of SuperTruck for inspection by Energy Secretary Ernest Moniz, with the modified VNL 670 highway tractor demonstrating an 88% gain in freight efficiency and an extra 70% in fuel economy.

September 19, 2016
Business, Autonomous

Volvo Shows Off SuperTruck Entry to Energy Secretary Ernest Moniz

WASHINGTON Volvo Trucks North America unveiled its version of SuperTruck for inspection here by Energy Secretary Ernest Moniz on Sept. 13, saying its VNL 670 highway tractor demonstrates an 88% gain in freight efficiency and an extra 70% in fuel efficiency.

September 13, 2016
Business

VW to Buy Navistar Stake

German automotive manufacturer Volkswagen AG is expanding its Truck & Bus division into the U.S. market by acquiring a stake in Navistar International Corp., a deal that also provides Navistar with more efficient procurement and better access to new technology for engines and other applications.

September 12, 2016
Business

Mack Unveils 2017 Engines, Transmissions Designed to Meet Tighter GHG Standards

ALLENTOWN, Pa. Mack Trucks rolled out its 2017 lineup, featuring four in-house engines designed to meet federal greenhouse-gas emissions standards that tighten Jan. 1.

September 12, 2016
Business

Navistars Clarke Reports Progress in Overcoming Past Engine Woes

LISLE, Illinois Last weeks Volkswagen-Navistar deal was announced just before the maker of International Trucks reported quarterly earnings showing there is progress, albeit rocky, in recovering from what one of its executives called, the sins of the past the 2010-2012 miscalculation on engine technology.

September 12, 2016
Business

Navistar Posts Loss of $34 Million in Third Fiscal Quarter

The net loss at truck maker Navistar International Corp. accelerated from the companys previous fiscal third quarter as revenue dropped 18%, year-over-year, due to anemic North American heavy-duty truck sales.

September 8, 2016
Business

Navistars Clarke Touts Deal With Volkswagen

Volkswagen AGs pending acquisition of 16.6% of Navistar International Corp. for $256 million will provide the Lisle, Illinois, truck maker with cash soon and then more efficient procurement and better access to new technology for engines and other applications, Navistar CEO Troy Clarke said in an interview.

September 7, 2016
Business

Volvo, Mack to Exhibit at 2017 NACV; Volvo to Skip MATS

ALLENTOWN, Pa. Volvo Groups two North American operating companies have agreed to exhibit at the North American Commercial Vehicle Show in Atlanta a year from now and will either reduce orsuspend their connection with the Mid-America Trucking Show in 2017.

September 6, 2016