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Global

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July 19, 2016 - Industry News

Truck Makers Hit With Record EU Fines for Price-Fixing in Europe

Mercedes-Benz trucks on display in 2012 at a pre-IAA Commercial Vehicle Show event. Daimler, as the largest of the truck makers involved in the EU investigation, also faces the largest fine. Photo by Sven-Erik Lindstrand.

The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.

Tags: Iveco, Daimler AG, MAN, European Commission, European Union, Global, Volvo Group, DAF

July 19, 2016 - Industry News

Earnings Watch: Volvo Says Net Profit Falls, Announces Fine in EU Probe

The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.

Tags: Volvo, Economy, Volvo Trucks, Earnings, European Union, Volvo Trucks North America, Global

June 29, 2016 - Industry News

Wabco, ZF Unveil Advanced Braking and Steering Technology [VIDEO]

Evasive Maneuver Assist first warns the driver of an impending and will take automonous evasive action if the driver fails to do so. Photo by Jim Park

Automated collision avoidance is several steps closer to reality. At a demonstration event held in Germany on Wednesday, ZF and Wabco revealed a prototype collision avoidance technology for commercial vehicles called Evasive Maneuver Assist.

Tags: ZF, Wabco, Global, Collision Avoidance Technology, Autonomous Vehicles

June 28, 2016 - Industry News

ZF CEO Sommer to Stay Until 2021

 ZF CEO Dr. Stefan Sommer Photo by Jim Park

ZF CEO Stefan Sommer's contract renewal positions the company for growth in emerging safety technologies and autonomous vehicle sectors.

Tags: ZF, TRW, Global, Autonomous Vehicles, Leadership, People

June 28, 2016 - Industry News

Sneak Preview of the World’s Largest Truck Show

Henrik Henriksson, CEO of Scania, said autonomous trucks in the first round will go to the mining industry. Photo: Sven-Erik Lindstrand

Connected and autonomous vehicle technology, as well as electric power, are three disruptive technologies that will highlight the IAA Commercial Vehicle Show in September in Germany.

Tags: IAA, Global, Autonomous Vehicles, Connected Vehicle Technology

June 28, 2016 - Industry News

German VDA Warns Against Post-Brexit Customs Barriers

Scania trucks from Sweden are among the commercial vehicles imported to Britain from EU member states. Photo: Lee Bristol via Flickr under Creative Commons license.

Germany's automotive industry association, VDA, cautioned against any European Union imposition of customs barriers following the UK's decision to exit the European Union.

Tags: European Union, Global, VDA, Brexit

June 15, 2016 - Industry News

Autonomous Vehicle Technology Aim of Bendix Parent Company Acquisition

Bendix’s German parent company Knorr-Bremse is making an acquisition to position it for future autonomous vehicle technology.

Tags: Bendix, Global, Mergers & Acquisitions, Advanced Driver Assistance Systems, Autonomous Vehicles

May 3, 2016 - Industry News

European Sprinter Gets 990-Pound GVW Boost

Gross-weight hike is primarily for users of specialized bodies, said Mercedes-Benz Vans in Germany.

Mercedes-Benz Vans has boosted the available gross vehicle weight rating of its European Sprinter by 990 pounds, to 5.5 metric tons or 12,122 pounds. An increase is being considered for North American vans, said a spokesman at the builder's U.S. headquarters.

Tags: Cargo Vans, Mercedes-Benz Sprinter, Euro VI, Sprinter, Global

April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.

Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global

March 21, 2016 - Industry News

Daimler Unveils Highway Pilot Connect Truck Platooning

Daimler demonstrates a platoon of three trucks with Highway Pilot Connect. Photo: Daimler Trucks

Daimler Trucks Monday unveiled the Highway Pilot Connect, a truck platooning system that has already been approved for use in a limited area in Germany, while its Highway Pilot autonomous driving system has been approved for use throughout the country.

Tags: Daimler Trucks, Global, Truck Platooning, Autonomous Vehicles

February 5, 2016 - Industry News

Earnings Watch: Volvo Earnings Improve

Martin Lundstedt, president and CEO Photo: Tommy Holl

The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.

Tags: Economy, Volvo Trucks, Quarterly Earnings, Global

February 5, 2016 - Industry News

Truck Tires From China Could See Tariffs

By NuclearVacuum [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

The International Trade Commission is looking into whether it should impose anti-dumping and countervailing duties, or tariffs, on truck and bus tires made in China.

Tags: China, Tires, Global

February 4, 2016 - Industry News

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global

January 27, 2016 - Industry News

Volvo Group Reorganizes by Truck Brands

The Volvo Group is reorganizing based on truck brand, a move the Sweden-based global truck and engine maker says “offers clearer commercial accountability” for the group’s various truck brands.

Tags: Mack Trucks, People, Global, Volvo Group

November 18, 2015 - Industry News

Iveco Eurocargo Named International Truck of the Year

Iveco's new medium-duty Eurocargo has been chosen by European commercial vehicle journalists as International Truck of the Year 2016.

Tags: Iveco, Medium-Duty Trucks, International Truck of the Year, Awards, Global

November 16, 2015 - Industry News

Accuride Makes Changes to Support Going Global

Scott D. Hazlett has been promoted to president, Wheels.

Accuride announced Monday that it has realigned its organization and upgraded its leadership team to support the company’s plans to grow as a supplier of wheel-end products to the global commercial vehicle industry.

Tags: Leadership, Gunite, Wheels, Accuride, People, Global

November 3, 2015 - Global News

MAN Adds Light Commercial Van to Lineup

MAN Truck & Bus is teaming up with Volkswagen to add a new light commercial van to its product lineup, making the German-based company a full-range supplier offering commercial vehicles between 3 and 44 tons.

Tags: MAN Trucks, Volkswagen Commercial Vehicles, MAN TGE, Global

October 27, 2015 - Industry News

Volvo Group's New Boss on the Job

Martin Lundstedt and truck technician Patrik Granberg in vivid discussion. Photo: Tommy Holl

Martin Lundstedt, Volvo Group’s new president and CEO, held his first press meeting on his first morning on the new job Oct. 22 – and chose to do it outside of the usual corporate setting.

Tags: Leadership, Global, Volvo Group

June 30, 2015 - Global News

Renschler Named Chairman at Scania

Andreas Renschler. Photo courtesy Scania.

Andreas Renschler, the former head of commercial trucks for Daimler who went to work heading up Volkswagen's commercial truck operations earlier this year, has been appointed as the new chairman of the board of Scania.

Tags: People, Scania, Global, Volkswagen, MAN

May 15, 2015 - Industry News

ZF Completes TRW Automotive Acquisition

John. C Plant, President and CEO of TRW (left), and ZF's CEO Stefan Sommer. Photo via ZF

ZF Friedrichshafen has completed its acquisition of TRW Automotive, the company announced. TRW and ZF will operate under the name ZF Friedrichshafen AG.

Tags: TRW Automotive, Global, Mergers & Acquisitions, ZF Friedrichshafen

May 13, 2015 - Industry News

Smith EV Returns with Chinese Funding

Photo via Smith EV

Smith Electric Vehicles is returning to the U.S market after it announced an agreement to form a joint venture with Hong Kong-based FDG Electric Vehicles.

Tags: Smith Electric Vehicles, China, Joint Venture, Battery-Electric Vehicles, Medium-Duty Trucks, Global

April 21, 2015 - Industry News

Paccar Increases First Quarter Profit 38%

Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.

Tags: Paccar, Earnings, Global, DAF, Kenworth, Peterbilt

March 27, 2015 - Industry News

Daimler Trucks Predicting Another Banner Year

The North American truck market continues to heat up, exceeding expectations, said Daimler Trucks North America head Martin Daum in a press briefing at the Mid-America Trucking Show -- and demand for the DT12 automated manual has far exceeded even Daum's optimistic goals.

Tags: Truck Sales, Daimler Trucks, Transmissions, Mid-America Trucking Show, Global, Daimler Trucks North America, Automated Manual Transmissions, MATS

February 17, 2015 - Industry News

Hyundai Could Bring Commercial Van to U.S.

Hyundai is targeting the European market with the new H350. Photo courtesy Hyundai Motor.

South Korean-based Hyundai announced it's making a big push in the commercial vehicle market, and published reports indicate it plans to introduce a van model into the U.S. market.

Tags: Hyundai, Cargo Vans, Global

February 5, 2015 - Industry News

Renschler Takes Over VW Trucks, Creating Speculation on Acquisitions

Andreas Renschler speaks at a 2012 event. Photo by Sven-Erik Lindstrand.

Former Daimler Trucks head Andreas Renschler started work this week as head of rival Volkswagen's trucks business, once again creating speculation that VW may look to North American shores as it works toward goals of expanding its global footprint.

Tags: Volkswagen, MAN, Scania, Global

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