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Nikola CEO Mark Russell to Retire Jan. 1

Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.

August 10, 2022

Cummins Supplies Most Class 8 Engines in First Half

In the first half of 2022 independent engine maker Cummins Inc. supplied a leading 47,713 Class 8 diesel engines, or 35.5% of the 134,373 used, Wards Intelligence reported.

August 8, 2022

Lightning eMotors Sees Specialty CEVs as Next Frontier

Medium-duty electric commercial vehicles from box trucks to specialty applications are anticipated to play a large role as regulators and businesses turn to axing greenhouse gas and carbon emissions in the years ahead.

August 8, 2022

CVG Q2 Results Slide

Diversified supplier Commercial Vehicle Group Inc. reported second-quarter net income and revenue fell, and new pricing began in July.

August 5, 2022

Allison Cites Resilient Demand in Q2 Revenue Gain

Allison Transmission Holdings Inc. reported gains in net income and revenue in the second quarter as demand continued.

August 4, 2022

Nikola Reports $18.1 Million Revenue

Nikola Corp. reported its first meaningful revenue and said it’s on track to deliver as many as 500 electric big rigs to customers this year.

August 5, 2022

TA Reports Strong Q2 Net Income, Revenue

TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.

August 3, 2022

Eaton Q2 Income Up; Revenue Flat

Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.

August 3, 2022

Volvo Plans to Make Its Own Batteries in Electric Truck Shift

Volvo AB plans to build a “large-scale” battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.

August 3, 2022