Mahindra selling Sampo Rosenlew to Turkish investment firm
Mahindra and Mahindra, the world’s largest tractor manufacturer by volume, has agreed to sell its entire stake in farm equipment...
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Impact of new 25% heavy-duty truck tariff still unclear
President Donald Trump announced new tariffs on heavy trucks late Sept. 25, saying on social media that he was protecting U.S. manufacturers. Industry experts, however, say they are awaiting clarity on what the impact of...
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Autonomous trucking tech firm Kodiak goes public
Autonomous trucking technology provider Kodiak AI began trading on Nasdaq Sept. 25, and shares have since declined 15.2%. Mountain...
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EFI acquisition to boost Opifex-Synergy’s specialty rental business
Equipment rental company Opifex-Synergy is ready to make another splash in the Sunbelt region following its recent acquisition of Nashville,...
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CNH Industrial Capital prices $500M note offering
CNH Industrial announced that its financing unit, CNH Industrial Capital, has priced $500 million of 4.5% senior unsecured notes due...
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Daimler Truck, Traton slide over Trump’s truck tariffs
Daimler Truck Holding AG and Volkswagen AG’s Traton SE declined in early trading as Europe’s truckmakers try to decode what...
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Equipment finance credit approvals highest since 2021
Equipment finance originations and credit approvals are on the upswing, signaling that the industry is poised to finish the year...
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Core capital goods orders rise in August as tariff impacts ease
New and unfilled orders for core capital goods increased in August as the impact of tariffs was felt less than...
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