class 8 orders
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Trucking
Class 8 truck orders tumble to decade low
New Class 8 truck orders dipped to their lowest level in a decade in 2019, payback for an ordering frenzy a year earlier.
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Equipment
It’s a buyers’ market as used truck glut stalls new orders
It is sort of a hostage situation. New truck orders are stalled until used truck prices go higher.
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Business
Navistar rebuilds share as products and service grow customer base
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…
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Business
Class 8 truck orders tumble in November
Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is…
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News
Volvo Trucks will lay off 700 workers in January (Update)
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…
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News
Cervus falls victim to softness in equipment markets
Demand headwinds for agricultural and transportation equipment were the factors behind Cervus Equipment’s operating loss in the third quarter of 2019.
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Company earnings
Daimler AG reports improved Q3 results but warns of tough times ahead
Daimler AG reported high sales and earnings in the third quarter but is cautioning that tougher times lie ahead for its Mercedes-Benz car and Daimler…
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OEM
UAW strike at Mack Trucks could impact Volvo Trucks production
A United Auto Workers strike against Mack Trucks could soon impact its sibling Volvo Trucks because both get engines and transmissions from the same plant…
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Business
Trade uncertainty stunts Class 8 truck orders
Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade…
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OEM
Class 8 truck production cuts intensify as market slackens
Class 8 truck manufacturers are beginning to pare production as the backlog of record orders from 2018 shrinks and new orders continue to be slow.
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