OEMs
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News
Meritor plants idled and salaries cut in half temporarily
Truck component supplier Meritor idles plants and cuts base salaries up to 50% to save the ship from rough seas.
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Business
Coronavirus might completely alter companies’ sourcing patterns
Companies that have been outsourcing and far-sourcing their supplies might now look to source closer to their assembly line to have flexibility during times of…
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News
Fleet Complete CSO dives into Truck-as-a-Service
Kar believes a driver’s relationship with an OEM will no longer end after the sale of a truck. That relationship will continue over the lifespan…
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News
Downside of commercial vehicle purchasing cycle snares Meritor
Meritor, Inc. announced that it is laying off employees across the entire company in response to declining global truck and trailer demand.
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New Tech
Fiat Chrysler-Renault merger is a sign of things to come in the auto industry
Fiat Chrysler's merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development…
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Business
One number explains why the Tesla Semi won’t be seen any time soon
Tesla (NASDAQ: TSLA) is simply not investing enough cash back into its business in the form of capital expenditures to construct the production lines and…
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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 million SME Instrument Grant from…
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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 drive profitability growth.
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