TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.
February 9, 2022Search
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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.
Ford’s Kansas City Plant Begins Deliveries of E-Transit
Ford Motor Co. this week began shipping its new all-electric E-Transit cargo van from its Kansas City Assembly Plant in Missouri to customers across the U.S.
February 8, 2022Ram Teases Electric 1500 Pickup, Launches New Site
Ram’s electric pickup truck still is two years away, but the “Built to Serve†brand is giving the public a tease of a concept vehicle and an opportunity to share what they want from the EV.
February 8, 2022Senators Demand Answers About Tesla Feature That Runs Stop Signs
A pair of Democratic U.S. senators demanded answers Feb. 8 from Tesla Inc. about a feature of its so-called Full Self-Driving system that permitted its vehicles to slowly roll through intersections without stopping as well as complaints about cars that suddenly brake at high speeds.
February 8, 2022Mack Offers Vehicle-as-a-Service Plan for LR Electric Model
Mack Trucks and Mack Financial Services launched an all-inclusive vehicle-as-a-service program to help simplify the purchase process and help customers better manage expenses associated with acquiring the Mack LR Electric, a battery-electric vehicle.
February 8, 2022Elon Musk Looks Isolated as Automakers Embrace Lidar
Elon Musk is skeptical of putting lidar sensors on vehicles, but a growing number of his competitors are quietly adding the technology to their lineup.
February 8, 2022Biden to Announce EV Charger Plant Will Be Built in Tennessee
President Joe Biden and Tritium DCFC Ltd. CEO Jane Hunter will announce Feb. 8 that the Australian electric-vehicle charging company plans to build its first U.S. manufacturing facility in Tennessee.
February 8, 2022Eaton Reports Increases in Net Income, Revenue
Power management company Eaton Corp. reported higher net income and modest revenue gains in the fourth quarter, noting that revenue in its vehicle segment dipped but inched up in eMobility — its two smallest segments.
February 7, 2022Meritor Reports Higher Income, Revenue in FY Q1
Meritor Inc. reported quarterly net income nearly doubled and revenue climbed by about 11%, and cited a rising truck market in multiple regions compared with a year earlier.
February 7, 2022GXO Unveils Custom-Sizing Packaging Machine
GXO Logistics has completed the installation of an automated packaging solution that fits boxes to their contents, the company announced Feb. 2.
February 7, 2022