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May 23, 2014 - Industry News

Federal-Mogul Vehicle Components Division Renamed Federal-Mogul Motorparts

Federal-Mogul Holdings Corporation has announced that its the Vehicle Components division will be renamed Federal-Mogul Motorparts.

Tags: Federal Mogul, Aftermarket, OEM, Aftermarket Parts, Parts

May 19, 2014 - Industry News

UAW Members Approve New Daimler Trucks Contract

One of Daimler Trucks' Freightliner models on display during this year's Mid-America Trucking Show. Photo: Evan Lockridge

United Auto Workers employees at Daimler Trucks North America’s facilities located in Cleveland, Mt. Holly and Gastonia, North Carolina, have ratified a new four-year collective bargaining agreement.

Tags: OEM, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler Trucks North America, Labor Unions

May 13, 2014 - Industry News

Volkswagen to Take Control of Scania, Stepping up Commercial Vehicle Efforts

Its $9.2 billion offer to buy out the truck-making arm of the Swedish vehicle manufacturer Scania has been accepted, according to published reports.

Tags: Volkswagen, OEM, Europe, Scania, Mergers & Acquisitions

April 30, 2014 - Industry News

Wabash, Cummins, Eaton, Allison Report First Quarter Numbers

Trailer maker Wabash National had net income for the first quarter of 2014 of $7.3 million, or 10 cents per diluted share, compared to first quarter 2013 net income of $5.7 million, or 8 cents per diluted share.

Tags: Cummins, Eaton, OEM, Allison Transmission, Wabash National

April 30, 2014 - Industry News

Daimler Trucks Profit Doubles, Volvo Swings Back to Profitability

Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago

Tags: Volvo, OEM, Volvo Trucks, Detroit Diesel, Freightliner, Western Star, Mack Trucks, Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America

April 29, 2014 - Industry News

Paccar Profit Increases 16%

The parent to truck makers Peterbilt and Kenworth, Paccar, has increased first quarter revenue along with net income and is predicting higher sales for the industry overall this year.

Tags: Kenworth, Paccar, Peterbilt, Earnings, OEM

March 5, 2014 - Industry News

Navistar Quarterly Loss Grows to $248 Million

Truck and engine maker Navistar International reported a wider first quarter loss than expected on Wednesday amid slower sales.

Tags: Navistar, OEM, Earnings

February 22, 2014 - Industry News

Mack’s Poised to Win More Sales with Products and Support, New President Says

"I think our competitors will start hearing our footsteps.” -- Stephen Roy

Dealers are “fired up” to sell trucks, with new emphasis on highway applications. And executives will "relaunch the Mack brand" at the ConExpo-ConAgg show in March.

Tags: Truck Sales, Mack Trucks, Product Support, OEM, Dealers, Vocational, Heavy-Duty Trucks

February 21, 2014 - Industry News

Former Daimler Truck Head Renschler Headed to Volkswagen

Andreas Renschler

The former head of Daimler Trucks, who left the company last month after less than a year of overseeing Mercedes Benz cars and vans at parent company Daimler AG, will be taking over responsibility for commercial vehicles at Volkswagen AG.

Tags: Volkswagen, OEM, Leadership, Daimler Trucks, Daimler AG, People, Daimler Trucks North America

February 20, 2014 - Industry News

Dana Profit Dips Still Strong

The parent of truck and auto component maker Dana saw a slight decline in both sales and profits last year, but still reported healthy numbers, according to just release figures.

Tags: OEM, Dana Holding Corp., Earnings, Dana

February 13, 2014 - Industry News

Study: Advanced Powertrains to Drive Remanufactured Replacement Component Market

The entry of advanced class 6-8 powertrain systems that comply with new emission regulations will drive revenue for the North American remanufactured replacement components market over the next five to seven years.

Tags: OEM, Frost & Sullivan, Aftermarket Parts, Powertrain, Parts, Aftermarket

February 10, 2014 - Industry News

Daimler and Volvo Report Fourth Quarter Earnings

The parent to Freightliner, Western Star and Detroit Diesel saw a big jump in its fourth quarter earnings while profit fell.

Tags: Volvo, OEM, Daimler AG, Earnings

January 31, 2014 - Industry News

Paccar Reports Record Revenue for Last Year

Paccar has installed more than 51,000 of its MX-13 engines in Kenworth and Peterbilt trucks in North America since the start of production in 2010.

Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.

Tags: Kenworth, Paccar, OEM, Peterbilt, Earnings, Engines, Truck Sales

January 29, 2014 - Industry News

Meritor Goes from Quarterly Loss to Profit

Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report.

Tags: OEM, Meritor, Aftermarket, Earnings

January 22, 2014 - Industry News

Mark Lampert to Retire as DTNA’s Sr. VP of Sales and Marketing; Richard Howard Named Successor

Mark Lampert, DTNA's senior vice president of sales and marketing, will retire March 31, 2014.

Daimler Trucks North America announced that Mark Lampert, senior vice president of sales and marketing, will retire March 31. Richard Howard will assume the position of Daimler Trucks North America sales and marketing senior vice president on April 1.

Tags: OEM, Daimler Trucks, Daimler AG, Daimler Trucks North America, Freightliner, Detroit Diesel, People

January 21, 2014 - Industry News

Chrysler Purchase by Fiat Finalized

Italy’s Fiat, through its wholly owned subsidiary, Fiat North America, has completed its previously announced acquisition of all of the United Auto Workers' employee medical benefit retirement trust interests in the Chrysler Group and is now a wholly-owned subsidiary of Fiat.

Tags: OEM, Fiat, Chrysler, Mergers & Acquisitions

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