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, 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.
Elon 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, 2022Allison Regional Haul Series Transmission Available in Volvo VNL
Allison Transmission announced its 3414 Regional Haul Series fully automatic transmission is available to order in Volvo Trucks North America’s heavy-duty VNL model.
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, 2022Navistar Likes Its Position in Fast-Changing Trucking Sector
The head of Navistar International Corp. is aiming to reclaim the market strength the company previously owned in the North American Class 8 market, and believes it has the plan and leadership to do it.
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, 2022Toshiba to Split, Sell Stake in Carrier
TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).
February 7, 2022TuSimple to Haul Union Pacific Goods Between Tucson, Phoenix
Self-driving truck developer TuSimple says Union Pacific Railroad will be its first customer to move freight on the company’s fully automated trucking route between Tucson and Phoenix, after making a test run on a similar route in December.
February 4, 2022Google to Work With Ford on Detroit Research Hub
DETROIT — Ford Motor Co. announced Feb. 4 that Google is joining the automaker’s effort to transform a once-dilapidated Detroit train station into a research hub focused on electric and self-driving vehicles.
February 4, 2022January Class 8 Orders Plummet Compared With 2021
Class 8 orders in January plunged compared with a year earlier to just above 21,000, ACT Research reported.
February 3, 2022