Equipment

On the heels of a booming 2018, truck manufacturers and their key Tier 1 suppliers powered through a slower equipment market in 2019, continuing to invest in new products and preparing for a future when tightening emission standards and the electrification of trucks will provide both challenges and opportunities.

David Calhoun also said he believes passengers will fly on the Max when federal regulators say it is safe and they see airline pilots getting on the plane.

Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.

Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical drive systems and related technology for manufacturers of trucks, school buses, refuse vehicles and terminal tractors.

Police and prosecutors on Jan. 21 have been raiding 10 sites across Germany over allegations that two of the company's diesel engines may be equipped with devices to cheat on emissions tests.

Commercial vehicle aftermarket parts and accessories manufacturer Minimizer has acquired Premier Manufacturing Co., which makes separate aftermarket tractor-trailer parts.

Daimler Trucks announced in-use testing of the Mercedes-Benz eEconic, its battery-electric low-floor truck intended for municipal waste collection, would begin in Europe in 2021.

New Jersey Gov. Phil Murphy signed legislation Jan. 17 to support electric vehicle use and charging infrastructure in the state.

The Goodyear Tire & Rubber Co. announced a new venture capital fund, Goodyear Ventures, with $100 million targeted for new investments in future mobility solutions over the next 10 years.

The palladium rally continues to defy all expectations.