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Paccar Inc. reported lower net income and revenue in the first quarter as it reacted to weaker demand and the coronavirus, leading to temporary plant closures and lower truck deliveries.

Global commercial vehicle production will plunge 20% this year compared with 2019, with the North American market slumping more than 30%, according to an analysis from IHS Markit.

Wabash National Corp. announced plans to implement a two-week idling of operations and companywide furlough from April 20 to May 3.

The Greenbrier Cos. is cutting hundreds from its workforce and suspending railcar production at its Portland, Ore., facility due to the economic impact of the coronavirus, the company announced April 16.

Navistar International Corp. extended the stoppage at its medium-duty truck assembly plant in Springfield, Ohio, through early May due to component supplier constraints.

Dana Inc. announced it significantly reduced operating costs, secured $500 million of incremental liquidity and temporarily suspended its quarterly dividend due to lower customer demand.

Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.

Paccar Inc. on April 6 issued a recall notice covering hundreds of thousands of trucks over concerns a blown fuse could prevent dashboard illumination.