After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle […]
Cummins’ aggressive scaling of electrolyzers will need other players to meet expected midcentury hydrogen demand.
Consistent with its rivals, Traton sees orders slowing but strong deliveries across its brands including Navistar.
Stack AV founder Bryan Selesky is keeping most of the details of his autonomous trucking startup to himself for now.
Daimler Truck and Toyota Motor Corp. plan to merge their Asian units to save money in new technology development.
Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)
Skimpy orders of Class 8 trucks in April mean little because OEMs have lots of backlogged orders to build and bill.
Once dismissed as a far-off technology, hydrogen fuel cells and infrastructure are getting buzz at the Advanced Clean Transportation Expo.
Volvo posted unexpectedly strong preliminary sales and earnings in Q1, reversing a dour projection made just months ago. (Photo: Volvo Group)
Navistar is having deja vu over a safety recall for high engine revving on International vehicles that can overwhelm the parking brake.
Germany’s Traton Group topped $42 billion in revenue for 2022 with Navistar contributing significantly to the top and bottom lines.
Big numbers tied to electric infrastructure released this week reinforce the chicken-and-egg cliche about electric trucks.
The industry’s first autonomous trucking marriage between TuSimple and Navistar is the first to end in divorce.
Navistar is recalling more than 31,000 vehicles across 12 product lines because fasteners may break due to inadequate heat treating.
Rusty Rush not only operates more truck dealerships than anyone on the planet, he also knows technology. And he has opinions on just about everything. So, buckle up. It’s Rush hour.
New leaders, an electrification push and Scania influence mark the first year after the Traton’s $3.7 billion takeover of Navistar.
Traton Group is glad it bought Navistar when it did. The U.S. truck and bus maker is helping offset war and other issues at the German holding company.
Navistar spending more than $190 million for an integrated powertrain in Alabama for North America .
How did Navistar manage to build its assembly plant in San Antonio for a relatively paltry $250 million? Partly by ignoring a famous baseball movie line.
Traton Group is still focused on battery power for trucks but tossed a bone to hydrogen in raising its electrification spending to about $3 billion by 2026.
Navistar’s new CEO aligns with parent Traton Group in declaring batteries will be the ultimate solution to zero-emission transportation.
Traton Group is optimistic for future quarters as it posts solid nine-month results with recently acquired Navistar included for the first time.
After settling a class-action lawsuit over defective MaxxForce engines, Navistar agrees to pay the government for Clean Air Act violations.
Last of major truck makers to launch an electric truck, Navistar places first five medium-duty eMV Series models with Penske Truck Leasing.
Traton Group shuffles the executive deck at Navistar, replacing CEO Persio Lisboa with former Scania executive Mattias Carlbaum.
Daimler Truck sold more vehicles in Q2 than the previous quarter but warned that supply shortages threaten second-half financials.
Aurora Innovation gets a $10.6 billion enterprise value, the second highest of four autonomous driving software developers seeking to go public.
Supplier readiness is a key to Navistar and TuSimple achieving commercialization of a high-autonomy Class 8 truck in 2024.
Daimler Truck, TRATON and Volvo Group will spend $593 million to build a truck charging network across Europe.
Autonomous trucking software startup TuSimple’s public offering helps boost Navistar Q2 earnings while a trucking recovery leads to added production.
Navistar was hit by a cyberattack in late May, but the truck maker said it is working with cybersecurity experts to minimize the impact.
A whistleblower filed a complaint in 2013 alleging pricing fraud by Navistar Defense that its parent company settled with no admission of wrongdoing.
TuSimple, the first autonomous vehicle software developer to go public, raised $1.1B at $40 per share, above the high-end of its estimated price..
The costs of keeping up with four engine technologies and the pace of self-driving trucks push rival truck manufacturers into partnerships.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
The soon-to-be parent of Navistar increases electrification investment to $1.9 billion by 2025 and says 80% of its brands’ trucks will be electric by 2030.
Navistar reported a Q1 fiscal loss in its final earnings in 35 years as the public holding company for International Trucks and IC buses.
The $3.7B merger of Navistar and TRATON Group drew nearer Tuesday when Navistar shareholders approved a $44.50-per-share buyout.
With recent financing from major fleets, TuSimple eschewed the blank check company frenzy to chart its own course to public trading.
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Daimler AG will create a stand-alone truck business, separating Daimler Trucks from the Mercedes-Benz passenger vehicle business to focus on zero-emissions technologies.
Navistar is selling an engine-testing facility in Illinois to an industrial park developer, laying off 250 employees by the end of the year. The need for engine testing is shrinking amid the industry transition to alternative propulsion like battery-electric vehicles.
German newspaper Handelsblatt says Daimler AG may spin off Daimler Trucks in 2021 to spare it the drag of Mercedes-Benz’s financial struggles.
Navistar reported lower sales and earnings in its fiscal Q4 and for all of 2020 as it prepares to become part of Volkswagen’s TRATON Group.
Autonomous truck maker TuSimple makes a deal with TRATON GROUP to expand into the European market and KLLM raises driver wages.
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks and IC buses.
Navistar tells TRATON it can buy the company for $44.50 a share, or about $3.7 billion, slightly more than TRATON’s final offer and almost $10 more a share than its $2.9 billion bid in January.
TRATON Group is giving Navistar until noon Friday to accept its $43-a-share offer for the 83% of the truck maker it does not already own, or the German holding company owned by Volkswagen says it will walk away.
The autonomous trucking company partners with Volkswagen’s TRATON Group on a Swedish autonomous truck program.
Navistar’s board says TRATON’s takeover offer is too low. But it is good enough for the truck maker to open its books and keep talking.
TRATON parent Volkswagen AG will cover the cost of the additional $700 million offer for Navistar, and it’s willing to go higher. How much will it take to close a deal?
Against the backdrop of a tough third quarter when key businesses posted losses, Navistar looks ahead to building electric trucks on the same assembly line with diesel models at a new plant in Texas.
The departure of Andreas Renschler as CEO of TRATON assures that new executives at TRATON and Navistar will oversee what most see as an inevitable combination.
After extending CEO Troy Clarke’s tenure as CEO three times, Navistar International Corp. has chosen Chief Operating Officer Persio Lisboa as his successor.
With Texas halting business reopenings because of a surge in coronavirus cases, Navistar executives and others who would have tossed shovels full of dirt instead read prepared remarks over the internet to kick off construction of a $250 million high-tech plant.
Navistar included only one full month of impact from the COVID-19 pandemic in its loss-making second quarter. How bad will it be for manufacturers who report on a traditional April-June quarter?
Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost new truck purchases following lower first-quarter sales, profits and orders.
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take a production break as demand is practically nonexistent.
Rather than talk about the proposed TRATON buyout of the company — the elephant in the room — Navistar executives unpacked reasons behind the disappointing first fiscal quarter they had predicted.
Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.
Big investors like Carl Icahn will have a say in whether Volkswagen’s truck group buys the 83% of Navistar it does not already own, but CEO Troy Clarke’s expected age-related departure this year seems more than a coincidence in TRATON’s $2.9 billion bid.
TRATON makes long-expected move to take over Navistar despite claiming disinterest. Navistar says it will take a look at the offer.
Truck maker TRATON Group S reported higher revenue and profit for the first nine months of the year, but warned of a tougher 2020 with an accelerating slump in orders and global economic uncertainty.
