Ag, construction, transportation business grows
New agriculture, construction and transportation businesses were on the rise in the fourth quarter of 2023. More enterprises means more...
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Volvo CE deliveries, sales drop amid declining demand
Swedish equipment manufacturer Volvo Group’s construction equipment deliveries and net sales decreased in the second quarter as demand normalization prompted...
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Volvo Financial Services new business volume drops 5% in Q2
Volvo Financial Services’ new business volume dropped 5% in the second quarter, mirroring Q1 declines. Parent company Volvo Group reported...
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Beige Book: Agriculture, transportation sectors show signs of life
High borrowing costs continue to hamper economic growth in industries tied to heavy equipment, although transportation and agriculture sectors in...
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Ford commits $3 billion to boost truck output after EV delay
Ford Motor Co. will invest $3 billion to build its highly profitable Super Duty F-Series pickup truck at a plant...
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Volvo says price rises help returns as truck demand softens
Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its...
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New Holland offers autonomous tractor kits at dealerships
Equipment manufacturer New Holland has added specialty crop autonomous tractor aftermarket kits to its dealer locations in the Western United...
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High inventory sinks used-truck values
Used-truck inventories continued to sit on dealer lots in June, highlighting the ongoing freight recession. Lenders remain reluctant to...
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