suppliers

Business, Technology, Equipment

Dana Builds Its Way Into Expanding Commercial EV Market

Dana e-Drive Axle A Dana e-drive axle. Dana is aiming to become a $10 billion company over the next few years, with predicted growth in vehicle electrification. (Dana Inc.)

Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.

Roger Gilroy | Senior Reporter
June 2, 2021
Business, Equipment, Safety

A Year of Pandemic: Commercial Vehicle Suppliers Kept Customers, Workforce in Mind

Four pandemic images Driver with mask by andresr/Getty Images (clockwise from top left); vaccine vial by Liam McBurney/Pool via AP; COVID-19 virus by Getty Images; UPS truck carrying vaccine at Pfizer Global Supply Kalamazoo by Morry Gash/Pool/Associated Press

It was crucial for commercial vehicle suppliers to be identified as essential while they tried to find their way through COVID-19 when it first spread a year ago and deepened afterward, an executive with a leading supplier trade group said.

Roger Gilroy | Senior Reporter
March 22, 2021
Government, Business, Equipment, Logistics

Auto Industry’s Coronavirus Fears Shift From Supply to Demand

Cars in showroom Cars in a showroom. LMC Automotive cut its 2020 sales forecast for the U.S. by 300,000 cars to 16.5 million — the fewest since 2014. (Getty Images)

Automakers and suppliers across the globe have been scrambling to keep production going after the coronavirus shuttered parts plants across China. But now a bigger fear is emerging: Consumers may be in no mood to buy cars and trucks.

Gabrielle Coppola | Bloomberg News
March 9, 2020
Business, Equipment

Tenneco Names Brian Kesseler Sole CEO

Commercial vehicle supplier Tenneco Inc. announced co-CEO Brian Kesseler will assume the newly consolidated role of CEO.

January 10, 2020
Business, Technology, Equipment, Fuel

Suppliers Chart Path to Electric Future

Suppliers Lion's electric Class 8 truck, the Lion 8, on display at a previous industry show. (John Sommers II for Transport Topics)

Suppliers, service providers and truck makers unveiled alternative fuel-related initiatives in conjunction with the recent Advanced Clean Transportation Expo in Long Beach, Calif.

Roger Gilroy | Senior Reporter
April 26, 2019
Business, Equipment

Meritor Boosts First-Quarter Revenue, Net Income

Meritor eAxle A Meritor eAxle at a recent trucking industry trade show. (John Sommers II for Transport Topics)

Commercial vehicle supplier Meritor Inc. reported increased revenue and net income in its fiscal first quarter as well as new significant contracts with leading trailer makers.

Roger Gilroy | Senior Reporter
January 30, 2019
Business, Technology, Safety

Stoneridge Fills New Chief Technology Officer Post

Stoneridge booth at TMC 2018 The Stoneridge booth shows MirrorEye technology at the Technology & Maintenance Council's meeting in Atlanta in March. (John Sommers II for Transport Topics)

Commercial vehicle supplier Stoneridge Inc. appointed Laurent Borne chief technology officer, a newly created position.

August 24, 2018
Business

Haldex Net Income Plunges in Second Quarter as Board Seeks to Curtail Takeover Bid

Haldex Haldex AB

Commercial vehicle supplier Haldex AB reported net income plummeted and revenue improved slightly in the second quarter, amid protracted efforts by rival supplier Knorr-Bremse Group to purchase the company.

Roger Gilroy | Senior Reporter
August 4, 2017
Business

Meritor Rides Improving Industry Fundamentals to Higher Profit, Revenue

Meritor trade show display Meritor Inc.

Commercial vehicle supplier Meritor Inc. reported net income and revenue rose in its fiscal third quarter, driven by broad increases in truck production plus new business wins.

Roger Gilroy | Senior Reporter
August 3, 2017
Business

Wal-Mart Will Punish Its Suppliers for Delivering Early

Wal-mart trailers George Frey/Bloomberg News

Long known for squeezing its vast network of suppliers, Wal-Mart Stores Inc. is about to step up the pressure. The focus this time is delivery scheduling, and the company’s not messing around. Two days late? That’ll earn you a fine. One day early? That’s a fine, too. Right on-time but goods aren’t packed properly? You guessed it — fined.

Matthew Boyle | Bloomberg News
July 12, 2017

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