CEO Martin Lundstedt dropped the bombshell in the final moments of the truck and bus maker’s first quarter of 2025 earnings call, revealing an additional 200 or so jobs would be cut.
April 23, 2025Search
Showing 10 of 7831 results
= Premium Content
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Trailer Orders in March Surge 63% From Previous Year
U.S. trailer orders in March broke from the pattern of year-over-year declines to surge 63% from the previous year, ACT Research reported.
April 23, 2025CVSA International Roadcheck Event Set for May 13-15
During the three-day event, which takes place across Canada, Mexico and the United States, law enforcement personnel will conduct inspections of commercial motor vehicles and drivers.
April 23, 2025Volvo Q1 Profit Falls 29% as Tariffs Cloud Outlook
Volvo Group profit slumped 29% year over year in the first quarter of 2025 as uncertainty around tariffs and the impact on global trade hurt truck demand in North America and Europe.
April 23, 2025Tesla Profit Falls 71%, Revenue Drops 9% in Q1
Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.
April 23, 2025Bessent Predicts US-China Trade De-Escalation
But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.
April 22, 2025Two Plants That Make Jeep Grand Cherokee to Pause Production
Two Stellantis plants that build Jeep Grand Cherokee and Dodge Durango SUVs will pause production next week, the latest of several plant cutbacks made by the automaker in recent weeks.
April 22, 2025Tariffs Prompt Ford to Adjust Shipments to China
Ford has adjusted shipments to China from the United States as a result of retaliatory tariffs, the automaker confirmed.
April 21, 2025Peterbilt Emphasizes Flexibility to Navigate Fluid Conditions
Truck maker Peterbilt Motors Co. is relying on its flexibility as the OEM traverses a market facing increasingly uncertain conditions.
April 19, 2025Hertz Wins Over Ackman in Bet Tariffs Will Raise Value of Cars
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz in a bet on the rental car company’s turnaround plan and that tariffs will boost the value of its vehicles.
April 18, 2025