Paccar Financial Services revenue up 25% YoY
Positive portfolio quality, heightened used truck sales, and product launches led to growth in Paccar Financial Services’ revenue and portfolio...
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Transportation
Volvo North American construction orders jump 196%
Swedish equipment manufacturer Volvo Group’s North American construction equipment orders spiked in the third quarter as dealers began placing 2024...
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California has an electric big rig mandate, manufacturers will struggle to meet it
California became the first state in the US to set emissions standards for trucks earlier this year. The rules are...
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Ford’s lucrative pickup plant hit by major strike escalation
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest...
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UAW says 4,000 union workers at Mack Trucks will strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in the latest...
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Heavy-duty truck auction values drop 29% YoY
Values for heavy-duty trucks dropped again in August, while values for medium-duty trucks and semitrailers were mixed as transportation industry...
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Truckmaker Volvo picks new chairman amid spin-off talk
Volvo Group, one of the world’s largest truckmakers, has proposed that Par Boman be appointed its new chairman at the...
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United Auto Workers call unprecedented strike at all three Detroit automakers
The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that...
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