July 19, 2016 - Industry News
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
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 28, 2016 - Industry News
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 27, 2016 - Industry News
The price of diesel fuel remained unchanged last week, but things could be changing soon as United Kingdom’s vote to leave the European Union has affected global energy prices.
Tags: Gas Prices, Diesel Prices, Crude Oil Prices, Global, Brexit, European Union, United Kingdom
April 7, 2016 - Industry News
Volvo, Daimler Trucks, DAF Trucks, Iveco, MAN Truck & Bus and Scania all participated in the challenge, driving platooned convoys thousands of miles across multiple borders in countries that included Sweden, Germany and Belgium.
Tags: European Union, Global, Truck Platooning, Autonomous Vehicles
March 18, 2016 - Industry News
Six European truck makers are participating in next month's European Truck Platooning Challenge, a project initiated by the Dutch government to promote platooning by bringing truck convoys to public roads.
Tags: Volvo Group, Truck Platooning, European Union, Global
May 9, 2013 - Industry News
The European Union is following the U.S. lead in cutting greenhouse gas emissions in the transportation industry, but one approach may differ from that of North America: Larger engines and bigger rigs.
Tags: Scania, European Union, Global, Volvo, CO2, Truck Weights
January 14, 2013 - Industry News
It looks like United Parcel Service's proposed deal to buy European package giant TNT Express will not go through, after the European Commission informed the two companies that it is working on a decision to prohibit the proposed acquisition.
UPS announced last March plans to acquire Dutch package company TNT Express for 5.16 billion euros or $6.8 billion. It would have been UPS' biggest purchase to date
Tags: UPS, European Union, Global
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