Commercial Truck Manufacturers Coverage
In terms of the trucking industry, original equipment manufacturer (OEM) refers to parts made by the same company that makes the vehicle (as opposed to aftermarket parts, which are produced by different companies and designed to be compatible with as many vehicles as possible). While OEM products may cost more than aftermarket upfront, the price reflects the quality.
The biggest commercial truck manufacturer in the world is Daimler AG (better known as Daimler Chrysler), which produces the brands Mercedes-Benz, Western Star, Freightliner, Sterling Trucks, and Fuso, among others. Other leading commercial truck manufacturers include Volkswagen Group (which produces MAN, Scania and Volkswagen Commercial-Vehicles), Volvo Group (which produces Volvo, Renault, Mack, Eicher, and UD Trucks), and Dongfeng Motor, China’s largest automaker.
Check back here for the latest news and updates related to OEM and trucking. You can also find additional commercial trucking news in our Trucking News archive.
Interest is rising in Workhorse’s electric truck-based drone delivery system as the company seeks $40 million credit line to scale production.
Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost new truck purchases following lower first-quarter sales, profits and orders.
Uncertainty beyond loss-making second quarter concerns Daimler leaders, though robust supply chain and cash position suggest fast production ramp-up when economy recovers
Daimler AG revealed difficult first-quarter results, removing mystery from next week’s earnings report, which shows all segments struggling, including its truck manufacturing business.
PACCAR Inc. posted decent first quarter earnings despite shuttering its plants in late March because of the coronavirus pandemic. While truck orders cooled, parts sales set a record as the truck maker tries to build on 81 consecutive profitable years.
Electric and fuel cell truck maker Nikola gets its pick of candidates as job insecurity led so many to apply that Linked In briefly shut down CEO Trevor Milton’s account.
Navistar makes $300 million in across-the-board cuts to conserve cash but will repay employees with interest for their 10% to 30% pay reductions next March.
Nikola Corp. filled VectoIQ’s $230 million public shell company after former Wall Street analyst and General Motors executive Steve Girsky shopped more than 100 smart transportation companies and signed 75 nondisclosure agreements and six letters of intent.
Truck component supplier Meritor idles plants and cuts base salaries up to 50% to save the ship from rough seas.
All four major heavy-duty truck manufacturers now have suspended production for at least two weeks, with market leaders Daimler Trucks North America and PACCAR Inc. the latest to stop building trucks because of the coronavirus pandemic.
Supply chain disruption from coronavirus adds Navistar plant in Ohio to truck operations suspending production and pulling earnings guidance.
Volvo Trucks North America and its sibling Mack Trucks later this year will allow individual truck drivers to schedule over-the-air updates typically handled by fleet managers.
Market Expert Mike Baudendistel looks at the prospects for the truck original equipment manufacturers in 2020.
Daimler Trucks is executing structural changes around the world because of sliding sales.
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
Navistar International Corp. (NYSE: NAV) is regaining chunks of market share in medium- and heavy-duty trucks, winning back customers who walked away several years ago because they could not rely on the company’s products. Navistar has averaged a percentage point of additional core share a year since 2016. It is noteworthy in an expanding market […]
Navistar will cut 10% of its worldwide workforce even as it gained market share for the third consecutive year.
Volvo Trucks is building on sales of electric trucks for urban transport in Europe with battery-electric concepts for construction and regional distribution.
Daimler Trucks North America is recalling 2,725 Western Star brand 4900 and 5700 sleeper cabs from the 2016-2020 model years. About 4% of the recalled trucks are suspected of having an improper adhesive that could allow the vent windows to detach and fall from the trucks.
Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks.
