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 ...
Tag: trucking
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 ...
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. ...
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 ...
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 ...
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 ...
Q3 Class 8 commercial vehicle sales drop, other classes rise
Sales for commercial vehicles across seven of the eight classes showed signs of strengthening in the third quarter, but Class ...
Inside look: Bot Auto’s Verdon talks autonomous trucking strategy
A Houston-based autonomous trucking company is ready to make a splash in an ascending industry. Recent advancements in AI, including ...
