OEMs
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Finance
Navistar moves higher on Volkswagen’s planned truck IPO
Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.
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News
VayaVision wins €2.45 million SME Instrument Grant from European Innovation Council
VayaVision, a startup that develops perception software for autonomous vehicles, today announced that they are the recipient of a €2.45…
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Company earnings
Allison Transmission guides down hard for 2019
North America On-Highway and Defense softened sequentially, and management thinks the company will make much less money in 2019.
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Canada
McKinsey forecasts global truck OEM profits by region to 2030
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will…
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News
Today’s Pickup: European Commission unveils plans to deal with hard Brexit
European Commission lays out ground rules and a regulation relaxations post-Brexit; Uber loses latest legal bid over driver rights; European…
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Canada
The maker of Peterbilt and Kenworth trucks falls short of projections despite healthy revenue growth
Revenue forecasts were reached only because of a one-time tax event. But by almost any other standard, it was a…
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Economics
Trump’s tariffs are wrecking Wabash National’s earnings
Despite an exceptionally strong year for trailer orders, Wabash National’s stock took a hit when the company guided downward for…
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News
Strong trailer orders in August indicate early opening to 2018-19 season
Total trailer net orders came in at over 38,000 units in August, representative of a 31 percent increase month-over-month and…
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News
Today’s Pickup: Utility solar energy projects in the U.S. see record growth
Utility solar projects see growth as prices of imported Chinese solar panels fall despite Trump tariffs; no-deal Brexit could see…
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News
Used class 8 truck market in last two months marked by slow activity but strong prices: JD Power
With OEM deliveries of new trucks restrained, it means that used truck sale prices are holding up.
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