The company, whose parent is Traton Group, warned that high electricity and labor costs paired with rising pressure from Asian competitors are weighing on results.
November 20, 2025GovernmentBusinessEquipmentFuel
Paccar Expects Truck Demand Upswing in Second Half
Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.
July 24, 2025BusinessTechnologyEquipment
Volta Trucks Files for Bankruptcy After Supply Chain Fails
Sweden鈥檚 Volta Trucks AB is planning to file for bankruptcy following a breakdown in its supply chain, the company said.
October 17, 2023BusinessLogistics
Truck Makers Recruit Their Own Employees to Combat Driver Shortage
Stellantis NV and Renault SA are turning to their own ranks to tackle a shortage of truck drivers that鈥檚 leaving thousands of vehicles stranded away from dealerships and customers.
March 3, 2023BusinessEquipmentSafetyLogistics
Some Truck Makers Look to Restart in April
Schedules vary, but efforts to restart truck plants are stirring again as the second half of April begins.
April 15, 2020