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September Factory Orders Up 1.9%

Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.

October 27, 2020

Daimler, Waymo Partner to Develop Autonomous Trucks

Daimler Trucks and Waymo have announced an agreement to produce highly automated Level 4 commercial vehicles by combining Daimler’s trucks with Waymo’s technology.

October 27, 2020

Haldex Posts Q3 Net Loss as Production Falters in Key Markets

Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.

October 26, 2020

Rush Records Lower Profit on Reduced Revenue

Truck dealership Rush Enterprises posted lower net income and revenue as it forecast a gradual recovery from the effects of the COVID-19 pandemic.

October 26, 2020

Daimler Records Higher Net Income on Lower Revenue in Q3

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

October 23, 2020

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

Continental Is Said to Explore Sale of Turbocharger Business

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, 2020

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, 2020

Analysts 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, 2020

Volvo 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, 2020