Daimler Truck financial services originations fall 16%
German commercial vehicle manufacturer Daimler Truck felt the effects of tariffs and tariff-related economic uncertainty in the second quarter, resulting...
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Transportation
Wabash lease income up 79.3% despite weaker demand
Commercial trailer and truck body manufacturer Wabash saw lease income spike in the second quarter despite declining net sales and...
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Iveco to break up with sale of company to Tata, Leonardo
Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the...
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Used Class 8 truck prices spike 10.4% YoY
The average retail price of used Class 8 trucks increased 10.4% year over year and 6.2% month over month in...
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Traton Financial revenue rises 14% despite parent’s sales slip
Traton Financial Services, the financial arm of commercial vehicle manufacturer Traton Group, increased revenue in the second quarter despite declining...
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Ryder rental revenue slips 2% in Q2
Commercial rental and leasing company Ryder System saw total revenue inch up in the second quarter as continued softness in...
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EV truck sales now hinge on financing, state aid
Financing, state incentives and OEM support will play crucial roles in propelling EV truck adoption after President Donald Trump’s One...
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Paccar Financial grows revenue, assets despite parent’s sales decline
Paccar Financial Services, the financial arm of truck manufacturer Paccar, increased revenues and financial services assets during the second quarter...
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