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As recently as September, Peterbilt was touting expanded manufacturing capacity at the factory, with the first 567 vocational Class 8 truck rolling off the production line Sept. 24.

The joint venture, known as RV Tech, said it has made solid progress on delivering the EV electrical and software platform that Volkswagen needs to compete with Tesla and Chinese rivals.

Monthly orders data has trended below prior-year results since the start of the year. President Trump’s focus on tariffs has created uncertainty for both OEMs and truck buyers.

Fort Payne, Ala.-based LRT is the parent company of Little River Transportation, LRT Solutions, Madex Associates and River Run Logistics.

Patrick James' personal bank accounts were frozen last week as part of a lawsuit accusing him of siphoning large sums from the bankrupt auto parts supplier.

Hyundai Translead expects between 50 and 100 to reach the U.S. next year, and forecasts that number to grow in 2027 and beyond, a spokeswoman said in an email.

Texas leads the nation in employment of heavy-duty truck drivers with 212,770 who earn an average of $54,550 yearly, according to the Bureau of Labor Statistics.

The Stockholm-based autonomous driving startup will combine with special purpose acquisition company Legato Merger and is set to raise $319 million in the process, the company said Nov. 12.

The company will use the money to speed production of what CEO Josh Araujo calls the “Swiss Army knife” of military autonomous vehicles. 

J&R Schugel celebrated its 50th anniversary in 2024 and became 100% employee owned in 2014. The merger was effective Oct. 31.