Production at U.S. factories increased in July for the first time in three months, propelled by a pickup in motor vehicle output that masked more mixed results in other categories.
August 16, 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.
Stellantis May Invest Billions to Make EVs in Mexico
Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.
August 12, 2022Tesla, Nikola Race for Up to $40,000 Incentives
The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.
August 12, 2022Rivian Leads EV Slump After Investors Shun Money Losers
Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.
August 11, 2022Daimler Truck Shrugs Off Supply Chain Issues With Rising Sales
Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.
August 11, 2022US Class 8 Retail Sales in July Present Mixed Picture
Class 8 U.S. retail sales in July rose 21.9% higher compared with a year earlier but stalled when measured against the past four months, Wards Intelligence reported. All truck makers but one reported gains.
August 11, 2022Hyliion Reports Increased Interests in Powertrain for Q2
Hyliion Holdings Corp. continued to build up orders for its premier electric powertrain system during the second quarter of 2022, the company reported Aug. 9.
August 10, 2022Nikola CEO Mark Russell to Retire Jan. 1
Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.
August 10, 2022Bridgestone, Microsoft Collaborate on Tire Analytics
Bridgestone Corp. is renewing its collaboration with Microsoft to accelerate advanced tire analytics integration, the company announced Aug. 4.
August 8, 2022Cummins Supplies Most Class 8 Engines in First Half
In the first half of 2022 independent engine maker Cummins Inc. supplied a leading 47,713 Class 8 diesel engines, or 35.5% of the 134,373 used, Wards Intelligence reported.
August 8, 2022