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.
In a future where autonomous vehicles offer mobility-as-a-service, it is critical to identify the parties involved in transactions – the users and the vehicles. Blockchain can help in this regard.
The data that can be gathered from a truck’s telematics has caused a shift from selling trucks as products to selling trucks as solutions to owners’ issues.
Electric vehicle adoption is constricted by high vehicle sticker price, long charging cycles and limited range. Solving these issues is key.
Relationships between OEMs and tech giants get complicated as the self-driving and mobility race heats up.
Fiat Chrysler has pulled its merger proposal with Renault, blaming French politics.
Apple is looking to buy autonomous driving technology startup Drive.ai, which might help the company gain ground against its bigger competitors in the self-driving niche.
Class 8 truck orders posted their worst month since July 2016, according to ACT Research, barely topping 10,000 units in May. Class 5-7 medium-duty orders followed suit
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
USA Truck had an aggressive plan to add trucks to its fleet, but delays at the OEMs are falling short of the targets.
Fleets ordered 41,800 new trucks in the month of June, making last month the busiest June on record. OEM stock prices rose on the news, and their order backlogs continued to lengthen.
