Stellantis NV, the owner of the Jeep and Ram brands, plans to eliminate as many as 2,450 hourly positions at a pickup truck factory located near Detroit.
August 9, 2024Search
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Nikola Reports Q2 Shortfall but FCEV Sales Grow
Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.
August 9, 2024GM Names New Chiefs for North America, Global Buick, GMC
General Motors Co. on Aug. 9 announced a series of leadership changes, including new heads for North America and of the Buick and GMC brands globally.
August 9, 2024Road to NTDC Spotlight: Rick Cates
Rick Cates likes to say the moment he arrived at the National Truck Roadeo more than five decades ago, he knew he was home. He'll renew his annual homecoming later this month at NTDC.
August 9, 2024Class 8 Truck Orders Stumble Again in July
ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.
August 8, 2024Road to NTDC Spotlight: Raymond Simon
Based on his resume, it’s logical to conclude that Raymond Simon is the modern era’s greatest of all time, or GOAT.
August 8, 2024Daimler Truck Reports 4% Revenue Decline in Q2
The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.
August 7, 2024Continental Gains After Car-Parts Returns Turn Positive
Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.
August 7, 2024Rivian Holds to Annual Production Goal Unchanged Since 2023
Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.
August 6, 2024Caterpillar Says 2024 Profits Will Be Higher Than Expected
Caterpillar said its annual profit will probably be higher than previously expected, as the company reported Q2 earnings that showed resilience despite worries about the global economy.
August 6, 2024