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Westport Fuel Systems Q1 Loss Widens; Sales Fall, Costs Rise

Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.

May 13, 2024

Volkswagen Reported to Eye Traton Stock Sale

Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.

May 13, 2024

US Class 8 Truck Sales Decline 13% in April

U.S. Class 8 retail sales continued the trend of year-over-year declines by falling 12.9% in April, according to data from Wards Intelligence.

May 13, 2024

Goodyear Q1 Loss Narrows as Restructuring Plan Takes Effect

Losses at tire manufacturer Goodyear narrowed in the first quarter of 2024 due in part to an ongoing restructuring that won positive reviews from analysts.

May 12, 2024

March Used Truck Sales Increase 7% From Last Year

Used Class 8 truck sales in March rose 7.4% compared with the same period the prior year, ACT Research reported. Sales increased to 21,700 units from 20,200 during the 2023 period.

May 9, 2024

April Class 8 Truck Orders Increase Year-Over-Year

North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.

May 9, 2024

Nikola Q1 Loss Narrows; Cost of Truck Production Soars

Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

May 8, 2024

Daimler Unwraps Autonomous, Electric Demonstration Truck

Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.

May 8, 2024

New Idaho Law OKs Truck Idling for Resting Drivers

A new Idaho law takes effect July 1 allowing commercial vehicles to idle when drivers are resting inside and also when perishable goods are being delivered.

May 7, 2024