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Transportation

Satoshi Ogiso, chief executive officer of Hino Motors Ltd., from left, Koji Sato, president of Toyota Motor Corp., Martin Daum, chief executive officer of Daimler Trucks AG, and Karl Deppen, chief executive officer of Mitsubishi Fuso Truck & Bus Corp., attend a news conference in Tokyo, Japan, on Tuesday, May 30, 2023. Toyota Motor and Daimler Truck have agreed to merge their truck manufacturing subsidiaries, Hino Motors and Mitsubishi Fuso Truck & Bus, to boost margins and develop new technologies such as alternative fuels and autonomous driving.

Transportation

Fuso-Hino merger agreement finalized, financing arrangements unclear

byJohnnie Martinez II

June 12, 2025

The merger between Mitsubishi Fuso and Hino announced this week aims to create a commercial vehicle juggernaut in the Asia-Pacific...

Tractor trailers parked at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

Transportation

New truck data reflects industrywide downturn

byJohnnie Martinez II

June 11, 2025

Days’ supply of inventory for new, used and certified pre-owned trucks rose while new and used truck prices declined amid...

Piego Connally, assembly team leader at the GM Fairfax Assembly plant in Kansas City, Kansas.

Transportation

GM to invest $4B in U.S. Manufacturing to expand vehicle production

byEquipment Finance News, AI Assisted

June 11, 2025

General Motors announced it will invest $4 billion over the next two years to expand production capacity at its U.S....

A Mitsubishi Fuso Truck and Bus Corp. eCanter electric truck

Transportation

Toyota, Daimler finalize plan to merge truck units in 2026

byBloomberg News

June 10, 2025

Toyota Motor Corp. and Daimler Truck have agreed to finalize a merger of their truck manufacturing subsidiaries, Hino Motors Ltd....

The steering wheel on an Inceptio Technology autonomous truck in Jinan, Shandong Province, China, on Thursday, April 18, 2024. While most attention on the development of autonomous driving has focused on passenger cars like Tesla's controversial Full Self-Driving Chinese startup Inceptio Technology is concentrating on revolutionizing long-haul trucking.

Transportation

Autonomous truck company Plus goes public

byEquipment Finance News, AI Assisted

June 6, 2025

Plus, a software provider for autonomous trucks, is going public via merger with special purpose acquisition company Churchill Capital Corp....

Transportation

Bollinger Motors emerges from receivership

byEquipment Finance News, AI Assisted

June 5, 2025

Bollinger Motors has officially emerged from receivership after parent company Mullen Automotive settled a lawsuit filed by Bollinger founder Robert...

Tractor trailers at a truck depot along the US-Mexico border in Ciudad Juarez, Chihuahua state, Mexico, on Tuesday, Feb. 4, 2025. US President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia Sheinbaum on Monday, a dramatic turnabout with the neighboring nations on the brink of a trade war.

Transportation

Commercial trucks, trailers for sale fall 4% in May

byJohnnie Martinez II

June 4, 2025

The number of commercial trucks for sale dropped in April as prices for new and used vehicles rose. Equipment Finance...

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Transportation

Used-truck values improve as freight rates limit market

byJohnnie Martinez II

May 30, 2025

Values for used heavy-duty trucks and semitrailers improved in April, but continued declines in freight rates limit any upside. Asking...

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Transportation

Fuso-Hino merger agreement finalized, financing arrangements unclear

New truck data reflects industrywide downturn

GM to invest $4B in U.S. Manufacturing to expand vehicle production

Toyota, Daimler finalize plan to merge truck units in 2026

Autonomous truck company Plus goes public

Bollinger Motors emerges from receivership

Commercial trucks, trailers for sale fall 4% in May

Used-truck values improve as freight rates limit market

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