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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

June Class 8 Sales Highest of the Year

U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.

July 13, 2022

Class 8 Sales Flat in April Compared With 2021

U.S. Class 8 retail sales in April were flat compared with a year earlier, coming in at just over 19,000, but continued the  improvement from the lows in the beginning of the year, Wards Intelligence reported.

May 12, 2022

February Class 8 Sales Down 2.9%

U.S. Class 8 retail sales in February fell compared with a year earlier, and landed just below 15,000 to put most truck brands in negative territory, Wards Intelligence reported.

March 11, 2022

Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion

Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.

February 22, 2022

January Class 8 Sales Drop

Class 8 U.S. retail sales in January slipped below 15,000, an 11.8% decline compared with a year earlier, Wards Intelligence reported.

February 10, 2022

November Tonnage Hits Highest Mark Since Spring

Truck tonnage in November posted the strongest year-over-year gain since spring, American Trucking Associations announced on Dec. 21, as busy consumer spending both in brick-and-mortar stores and online propelled a surge in freight activity.

December 21, 2021

Truck Tonnage Rises in October

Truck tonnage in October posted the strongest year-over-year gain since just before summer, American Trucking Associations announced, as consumers ramped up early spending in anticipation of a busy holiday shopping season.

November 23, 2021

Class 8 Sales Falter in October

Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.

November 10, 2021