BMW CEO Harald Krueger to Quit After Carmaker Loses Early Lead in Electrics
FRANKFURT, Germany — BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate.
July 5, 2019Ford Readies for Push in Electric Cars, Morgan Stanley Says
Ford Motor Co. is preparing to make a bigger push in electric vehicles, according to Morgan Stanley.
July 3, 2019Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
July 1, 2019Using Technology to Enable Positive Driver Engagement
Technology plays a major role in fleet safety as well as driver retention. It has the ability to facilitate better communication between managers and drivers, gather insights and record metrics regarding fleet performance, and help support drivers make informed decisions about driving conditions in real-time.
July 1, 2019Secretary Elaine Chao Touts Positive Train Control Installment at Summit
The U.S. Department of Transportation has recorded progress with the implementation of positive train control technology, the country’s top transportation official indicated recently.
June 28, 2019Debunking “Smart Trailer”
“Smart Trailer” is hot talk, but what does it mean? Depending on who you ask, it’s anything from accessory light packages to machine learning. Join to see which trailer technologies are really moving the needle today, and how the future is less about buzzwords and more about true trailer intelligence.
June 28, 2019VW’s Traton IPO to Raise $1.8 Billion, Pricing at Low End
Volkswagen AG raised 1.55 billion euros ($1.8 billion) selling a stake in its truck business, but only after pricing the offer at the low end of a target range to attract investors to one of Europe’s biggest initial public offerings this year.
June 27, 2019Used Class 8 Prices Up 6% in a Year as Inventories Increase
The average used Class 8 truck brought a higher sales price in May than in the same month a year earlier, but with inventories gradually building and growth in the freight market slowing down after last year’s boom, analysts are divided on the long-term outlook for values.
June 27, 2019Experts: Trucking Companies Should Use Data Collected to Improve Margins, Decrease Downtime
ARLINGTON, Va. — Trucking companies that effectively mine the data generated by their operations can free up time and capital to invest in other areas of their businesses, experts said at an industry meeting here.
June 27, 2019VW Piles Into Crowded Car-Sharing Market With All-Electric Fleet
Volkswagen AG will dive into the increasingly crowded car-sharing market with its WeShare offering, which will seek to distinguish itself from rivals with an electric-only fleet.
June 27, 2019