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Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.

U.S. trailer orders for March declined on both an annual and monthly basis, ACT Research reported.

Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.

Profits at truck maker Volvo Group in the first quarter of 2024 received a boost from price increases, even as orders and deliveries declined as expected.

Kentucky has legally paved the way for autonomous vehicles on its roadways with the legislators gathering enough support April 12 to override Gov. Andy Beshear’s veto.

U.S. retail sales for medium-duty trucks hit their fifth consecutive month of year-over-year gains in March but at a lower rate of 0.7%, according to data from Wards Intelligence.

GOTHENBURG, Sweden — The dominant choices for zero-emission commercial vehicles will ultimately be decided by truck buyers, executives from Volvo Group said.

NASHVILLE, Tenn. — Motive has announced an array of AI products and services designed for driver safety and greater visibility and control over motor carrier and other related operations.

SPARROWS POINT, Md. — Crews are using the largest crane on the Eastern Seaboard to haul the wreckage from Baltimore’s Francis Scott Key Bridge collapse to a nearby salvage yard.

Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.