EV mandates throw wrench into commercial truck dealer ops
EV mandates are throwing a wrench into commercial truck dealers’ operations as regulations around zero-emission trucks tighten and available financial ...
Tag: trucking
EV manufacturers report mixed results in Q3
EV manufacturers Nikola and Lion Electric posted contrasting sales results in the third quarter as both companies cut costs. The ...
Truck orders dip ahead of potential demand surge
The commercial trucking market took a step back in October, but soft pricing and reduced interest rates hint that a ...
Average new commercial vehicle price hits $113,326
The average price of a new commercial vehicle, up to four model years old, is $113,326 today, while 2025 models ...
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 ...
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 ...
Penske, Rush see drop in finance, insurance revenue
Penske Automotive Group and Rush Enterprises saw declines in finance and insurance revenue in the third quarter, but increased sales ...
Volvo Earnings Drop on Waning Freight, Construction Demand
Volvo AB’s earnings declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs in most ...
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