Paccar Sets Special Dividend
Truck and engine maker Paccar Inc.’s board of directors has declared an extra cash dividend of 70 cents per share.
December 7, 2011Factory Orders Decline in October
Factory orders decreased 0.4% in October, the Commerce Department said Monday.
December 5, 2011Heavy-Duty Engine Makers Push 13-Liter Models
Several heavy-duty truck manufacturers have succeeded in their drive to make 13-liter engines their new main on-highway power plant, according to R.L. Polk & Co. data, although some engine makers and fleets said 15-liter models will hold their own.
December 5, 2011Daimler China Deal Won’t Include High Tech
TOKYO — Daimler AG will not have to give away advanced engine and vehicle technologies as part of its new joint venture with a Chinese truck maker because China’s emissions standards are behind Europe’s, and the market is not ready for the more advanced products, the head of Daimler Trucks said last week.
December 5, 2011ISM Manufacturing Index Rises to Five-Month High
U.S. manufacturing activity jumped in November, showing continued expansion for a 28th consecutive month, the Institute for Supply Management said Thursday.
December 1, 2011DOT Sets Final Rule Banning Truck Drivers’ Use of Hand-Held Phones
The Department of Transportation announced a final rule that will ban interstate truck and bus drivers from using hand-held cellphones while operating their vehicles.
November 28, 2011OEMs Uncertain About Cuts In U.S. Spending on Defense
Truck and component manufacturers who also build military products say they are confident they will be able to hold on to much of that business even as the U.S. armed forces face potential slashes in their future budgets.
November 28, 2011Racing Helps Promote DTNA’s Alliance Unit
HOMESTEAD, Fla. — Daimler Trucks North America wants a bigger piece of the aftermarket and is using stock car racing as a means to boost sales for its Alliance Truck Parts unit.
November 28, 2011N.Y. Manufacturing Index Expands For First Time Since May
Manufacturing activity in the New York region expanded in November for the first time in six months, the Federal Reserve Bank of New York said Tuesday.
November 15, 2011Volvo Transmission Work Moving to U.S. Factory
KOPING, Sweden — The Volvo Group said it is moving ahead with a plan to shift the assembly of its I-shift automated mechanical transmission from its factory here to the United States and Brazil for trucks that its subsidiaries build in North and South America.
November 14, 2011