Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.
October 22, 2020Search
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Whiting Systems Opens New Georgia Distribution Center
Whiting Systems opened a new distribution fulfillment center in Georgia, the company announced Oct. 21.
October 23, 2020
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Allison Gears Up for E-Axles
Allison Transmission Inc., widely known for its medium- and heavy-duty fully automatic transmissions, announced the launch of eGen Power, its series of zero-emission electric axles.
October 21, 2020Analysts View Traton, Navistar Deal as Win-Win
Navistar International Corp. is on the verge of becoming a subsidiary of German truck maker Traton SE, a step analysts said is a positive development for both companies.
October 20, 2020Volvo Sees Q3 Profit, Revenue Fall but Notes Improvement Near End of Quarter
Volvo Group posted third-quarter declines in net income and revenue as truck orders rose but deliveries dropped.
October 20, 2020Paccar Q3 Net Income, Revenue Fall Amid Signs of Rebound
Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results.
October 20, 2020VTNA Awarded $21.7 Million in Grants to Deploy Electric Trucks
VTNA said it was awarded $21.7 million in federal and state grants to deploy 70 VNR Electric trucks in Southern California for regional freight distribution and drayage.
October 19, 2020Traton, Navistar Reach Agreement on $3.7 Billion Buyout
Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.
October 16, 2020September Trailer Orders Surge Past 50,000
U.S. trailer orders in September went through the roof — preliminarily clearing 50,000 — to reach the third-highest monthly total ever, analysts said.
October 15, 2020Bollinger Motors to Build Battery Packs for Its Electric Trucks
Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.
October 15, 2020