Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.
August 9, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Trevor Milton Hires Lawyers Who Defended Elon Musk
Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.
August 6, 2021EPA to Update NOx, Greenhouse Gas Emissions Standards
The Environmental Protection Agency on Aug. 5 announced plans to reduce greenhouse gas emissions and other harmful air pollutants from heavy-duty trucks in a series of major rulemakings over the next three years.
August 6, 2021Digital Series Spotlights TT Magazines in Debut Episodes
Transport Topics has launched a digital event series that spotlights its supplemental publications, and featured its new Calibrate equipment-focused magazine and redesigned iTECH technology publication in its debut episodes.
August 5, 2021Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid
Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.
August 5, 2021Uber’s Do-It-All Approach Stalls Pursuit of Profit
Another quarter passed, and Uber Technologies Inc. is a little further from its goal of posting an adjusted profit by the end of the year.
August 5, 2021CVG Reaches Record Quarterly Revenue in Q2
Commercial vehicle supplier CVG reported higher second-quarter net income and record quarterly revenue as it continued to diversify its customer base and emphasize secular growth.
August 5, 2021Continental Sees Chips, Inflation Dragging on Auto Industry
Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.
August 5, 2021Driverless Semi Reaches Milestone in Test, Plus Says
Driverless truck technology company Plus revealed Aug. 5 that it has completed a demonstration on a highway in China.
August 5, 2021Meritor Rides Truck Market to Higher Fiscal Q3 Results
Meritor Inc. reported increases in net income and revenue for its fiscal third quarter amid gains in the North American truck market.
August 4, 2021