Ford fleet sales rise; GM fleet sales fall
Ford benefited from its commercial vehicles segment in the third quarter, while General Motors got a boost from its financial...
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Transportation
Presidential election ’24: Implications for the equipment finance industry
The future of the equipment finance industry will be a bit clearer after today’s presidential election resolves, but regardless of...
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Revenue spikes for truck OEM captives
The financing arms of truck manufacturers Paccar and Traton Group reported increased revenue in the third quarter as market conditions...
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Ford’s shares tumble after high costs pressure profit outlook
Ford Motor Co.’s shares fell after the company warned that earnings this year will be at the low end of...
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Used-truck inventories fall ahead of possible glut
Used-truck inventory declined in all major categories last month, but prices have yet to reflect recent improvements in the industry. ...
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Trade groups, dealers respond to new EV regulation
A plethora of financial incentives have led to a surge in EV commercial truck sales in California, but dealers may...
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Inventory exceeds registrations as Class 8 orders rise
Orders for Class 8 trucks rose in September, pushing inventories ahead of registrations, while medium-duty truck orders dropped. After years...
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Truck parts maker Accuride files for Chapter 11 bankruptcy
Commercial-truck parts maker Accuride Corp. filed for Chapter 11 bankruptcy protection after the company burned through cash amid a freight...
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