CVG, a supplier to the commercial vehicle industry and others, reported increased net income and revenue in the fourth quarter on the strength of its vehicle solutions business, its largest segment.
March 2, 2022Search
Showing 10 of 8176 results
= Premium Content
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
January Class 8 Retail Prices for Used Trucks Soar to New High
January’s average retail sales price for a used Class 8 truck burst past $88,000 to set a new monthly record and post an 83.2% gain compared with a year earlier, ACT Research reported.
March 1, 2022Lucid Sinks After Cutting Production Goal on Commodity Woes
Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.
March 1, 2022Toyota to Resume Japan Production After Supplier Cyberattack
Toyota Motor Corp. will resume work at all its Japanese factories March 2 after a one-day shutdown, limiting the fallout from a cyberattack on one if its key suppliers.
March 1, 2022Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders
No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.
February 28, 2022Blacklisted Chinese Chipmaker Seeks Vindication in US Trial
A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.
February 28, 2022Toyota Idles All Japan Plants Due to Supplier System Outage
Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.
February 28, 2022Georgia’s Port of Savannah Has Big Expansion Plans
Already the second-busiest port on the Atlantic coast, Georgia’s Port of Savannah has big expansion plans.
February 28, 2022Stoops Freightliner-Quality Trailer Expands in Michigan
Stoops Freightliner–Quality Trailer reached an agreement to acquire TNT Trailer Sales, a full-service semi-trailer dealership located in suburban Detroit.
February 25, 2022Navistar, MAN Executives Switch Posts Under Traton
Göran Nyberg, executive member for sales and customer solutions at MAN Truck & Bus SE, will join Navistar as executive vice president of commercial operations March 1.
February 25, 2022