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Commercial Vehicle Group CEO Dunn to Retire This Year

Component supplier Commercial Vehicle Group said Friday that CEO Mervin Dunn will retire this year but will remain in the post until a successor is appointed.

March 1, 2013

Suppliers Begin Costly Audit for African ‘Conflict Minerals’

Truck makers and suppliers say they will be among the industries hardest hit by a new federal rule that could cost U.S. businesses nearly $8 billion to search out and shed “conflict minerals” originating from central Africa.

March 4, 2013

Visteon Posts Fourth-Quarter Profit

Vehicle parts manufacturer Visteon Corp. posted a fourth-quarter profit, improving upon the loss it experienced during the same time in 2011.

February 28, 2013

Ritchie Bros. Reports Lower 4Q, Higher Full-Year Income

Ritchie Bros. Auctioneers said its fourth-quarter profit slipped from a year ago to $22.1 million, or 21 cents per share, from $26.8 million, or 25 cents, a year ago.

February 27, 2013

Eaton Boosting Dividend by 11%

Eaton Corp. said Wednesday its board has approved an 11% increase in its quarterly cash dividend.

February 27, 2013

Cooper Tire Posts Lower 4Q Profit

Cooper Tire and Rubber Co. said it posted a lower fourth-quarter profit and a lower full-year income.

February 26, 2013

Dealers, Fleets Increase Use of Scrap Analysis to Extend Life of Tires, Cut Costs for Carriers

Every month or so, Dustin Stricker, the maintenance manager at R.E. West Transportation in Ashland City, Tenn., sits down with representatives from South Carolina-based Michelin North America and the local Tire Centers in Nashville to do autopsies on truck tires.

February 25, 2013

Dana’s Fourth-Quarter Profit Improves

Truck and auto component maker Dana Holding Corp. said Thursday its fourth-quarter profit rose from a year ago, though its revenue declined.

February 21, 2013

Cummins Revises Down Its 4Q, Full-Year Earnings

Engine maker Cummins Inc. said Wednesday it has revised its previously announced fourth-quarter and full-year 2012 operating results down by $20 million, with net income reduced by $12 million, or 7 cents per share.

February 20, 2013

Opinion: Always Track Fleet Maintenance Costs

There’s no real mystery as to why otherwise intelligent fleet operators so often negotiate full-service leases using only big, round numbers. Reason No. 1 is that they simply don’t know their actual, detailed maintenance costs.

February 18, 2013