Volkswagen AG set plans to list its heavy-truck division Traton SE in Frankfurt, Germany, and Stockholm, moving forward with one of the year’s largest European public offerings despite a wobbly stock market and a swirling trade war between China and the United States.
June 4, 2019Search
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Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit
Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.
June 4, 2019Haldex Names Helene Svahn CEO
Commercial vehicle supplier Haldex appointed Helene Svahn CEO, effective immediately. Also, the Landskrona, Sweden-based company reported higher first-quarter net income and revenue amid slightly weaker market conditions.
June 3, 2019Greenbrier Appoints Adrian Downes CFO
The Greenbrier Cos. Inc. appointed Adrian Downes chief financial officer, according to a news release.
June 3, 2019Fleets Consider Benefits, Costs of 6x2 Axle Configurations
Are 6x2 axle configurations a good way to boost the efficiency of heavy-duty trucks, or do the complications outweigh the benefits? The answer varies from one fleet to another.
June 3, 2019Bendix Reaches Wingman Milestone
Bendix Commercial Vehicle Systems has reached a 10-year milestone in collision-mitigation technology since the production of its Bendix Wingman ACB — Active Cruise with Braking in 2009.
June 3, 2019Cummins, Isuzu Form Powertrain Partnership
Independent engine maker Cummins Inc. and truck maker Isuzu Motors announced they are entering into the Isuzu Cummins Powertrain Partnership agreement, which formalizes a business structure for the companies to bring new diesel and diesel-based powertrains to global markets.
May 31, 2019GM, Ford Slip as Auto Sector Hit by Trump’s Mexico Threat
U.S. automakers and parts suppliers were among the sectors hit hardest in early trading May 31 after President Donald Trump’s threat to impose a tariff of up to 25% on Mexican goods. General Motors Co. and Ford Motor Co. each fell more than 3%.
May 31, 2019Mack Defense Moves Ahead With Military Contract
JWF Defense Systems will provide the armored cab system for the M917A3 Heavy Dump Truck contract the U.S. Army awarded to Mack Defense, a unit of Volvo Group.
May 30, 2019Navistar Agrees to Pay $135 Million in Suit Over MaxxForce Engines
Navistar International Corp. has agreed to settle a federal class-action lawsuit over the exhaust gas recirculation setups the company used on its previous MaxxForce 11-liter or 13-liter diesel engines, according to a news release from a law firm representing the plaintiffs.
May 30, 2019