Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.
November 8, 2023Latest News Updates From Keiron Greenhalgh
Continental Slashes 2023 Truck Tire Sales Forecast
Daimler Truck Posts Lower Earnings in Q3
Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period’s results.
November 7, 2023Diesel Price Slides 8.8¢ to $4.366 a Gallon
The national average diesel price fell 8.8 cents to settle at $4.366 a gallon, according to Energy Information Administration data released Nov. 6.
November 6, 2023Tevva Files Suit Against ElectraMeccanica in Arizona
Tevva Motors Ltd. filed suit against ElectraMeccanica Vehicles Corp. Nov. 3 as the dispute between the onetime partners in building a Class 8 hydrogen-powered truck escalates.
November 6, 2023Schneider Q3 Profit Slumps, Misses Analyst Expectations
Profits at Schneider in the third quarter of 2023 slumped 72% year-over-year in what the company believes was the most challenging phase of the ongoing freight recession.
November 3, 2023TeraWatt Breaks Ground on First Heavy-Duty Truck Facility
TeraWatt Infrastructure broke ground Nov. 2 on its first heavy-duty electric truck charging site in California, the company said.
November 3, 2023Mack Trucks Launches Subscription-Based Leasing for MD Electric
SONOMA, Calif. — Mack Trucks on Oct. 30 launched ElectriFi Subscription, a usage-based leasing option for the MD Electric truck.
November 2, 2023Mack Trucks Showcases MD Electric Truck in California
SONOMA, Calif. — Mack Trucks showcased its medium-duty MD Electric truck Oct. 30 through Nov. 1 at Sonoma Raceway.
November 2, 2023Cummins Profit Soars as Meritor Deal Boosts Revenue
Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.
November 2, 2023Eaton Q3 Profit Jumps, Beats Analyst Expectations
Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.
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