FTR, ACT report solid but not stellar new Class 8 truck build numbers
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
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.
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
Sweden’s Volvo Group reported strong Q4 results but pointed to normalizing demand, code for lower sales already visible in slackening orders.
Humble leadership at Paccar forgoes a victory lap its as profit streak reaches 85 years with regular dividends paid out since 1941.
Volvo Trucks North America revealed a 90% new VNL over-the-road truck that promises up to 10% better fuel efficiency.
Truck maker Paccar Inc. reached 85 consecutive years of posting net income with record sales and profits in the fourth quarter.
Daimler Truck managed a 1% gain in global sales in 2023, less than expected as supply chain issues still haunted the leading OEM.
Daimler Truck named Eva Scherer as chief financial officer to succeed Jochen Goetz, who died from a reaction to a wasp sting in August.
Hydrogen was a big topic through the mobility and transportation space at the Consumer Electronics Show in Las Vegas.
Kenworth Truck Co. has a new general manager while Kevin Baney has been promoted to an SVP role at parent company Paccar.
A lawsuit challenging the waiver granted by the EPA to California for its Advanced Clean Trucks rule will be delayed.
A small victory in court over a new California rule doesn’t slow another part of the state’s march toward zero-emission refrigerated trucks … but not trailers.
Mack Trucks took a hard line against the UAW, which voted to ratify a contract the union had overwhelmingly rejected in October.
Striking United Auto Workers will vote again next week on a Mack Trucks offer it earlier rejected after the company declined more sweeteners.
Daimler Truck reported lower deliveries in Q3, a contrast to its major competitors who reported higher sales but warned of a coming slowdown.
Daimler Truck North America awards Hexagon Purus the work of electrifying its Freightliner eM2 vocational medium-duty trucks.
Electric trucks are expensive, so Mack Trucks figures avoiders might go for a monthly subscription fee and pay by the mile.
Natural gas has long been a bit player in a diesel-driven engine world. That may change with Cummins’ beefier 15-liter offering.
A threat to Mack Trucks’ primary business exists as long as brinksmanship with the striking UAW continues.
Consistent with its rivals, Traton sees orders slowing but strong deliveries across its brands including Navistar.
Paccar Inc. posted record third-quarter net income and continued to build on a streak of beating analyst estimates.