Traton Financial Services revenue rises 29%
Traton Financial Services’ revenue rose in the first quarter of 2024 as the company continued to expand its truck and...
Ford fleet sales jump; GM fleet sales slide
Vehicle manufacturers Ford and General Motors experienced mixed commercial sales results, as demand persists but tightening credit forces prioritization. Ford...
Transportation equipment leads durable, core capital goods orders growth
New orders for durable goods and core capital goods increased again in March as companies continued to navigate rising interest...
H&R Agri-Power stresses F&I amid tight financing
Agriculture equipment dealer H&R Agri-Power is emphasizing strong finance and insurance operations as high interest rates persist and customers seek...
Commercial truck sales decline in first quarter
Overall sales for commercial trucks declined in the first quarter of 2024 as high-interest rates and prices pushed down demand...
Electrification hesitation as haulers evaluate hydrogen
Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery...
Volvo North American orders drop amid inventory management
Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply...
Smaller operators waiting for more fleet electrification
State and federal regulators continue to push for commercial and fleet electrification while some smaller operators are waiting on their...
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