International News Updates

For context, through the first four months of 2026, Mexican heavy-duty vehicle production was 21.97% lower year on year at 41,071 trucks and buses.

“We made sure that going into 2027, our service intervals are improving,” International Motors Director of Engineering Navtej Singh said at ACT Expo.

While adapting to shifting emission regulations, equipment manufacturers are balancing investments in both diesel engine platforms and emerging powertrains.

The most recent results were also hurt by $180 million in expenses related to an assembly plant sale and $19.9 million for severance payments in Q1.

After the plans to go public fell apart, PlusAI stressed that it had “significant commercial momentum and remains strongly positioned for long-term growth.”

“Although the U.S. market has recently shown encouraging signs of an upturn in customer demand, this has not yet had an impact on unit sales,” Traton said.

The sale came about because General Motors is axing its Chevrolet Silverado medium-duty line, which is assembled at the Springfield, Ohio, facility.

FedEx Freight incoming CEO John Smith will deliver the opening keynote in Las Vegas on May 4, weeks before the unit spins off from FedEx on June 1.

Overnight freight deliveries could more than double the utilization of a truck, PlusAI said. The company expects to introduce night driving on customer routes in the coming weeks.

International Motors posted a second consecutive quarterly loss in the fourth quarter of 2025 as the Traton Group division’s truck sales dropped 40% year over year and tariffs bit harder.