Automotive News – Since Hurricane Sandy ravaged tens of thousands of vehicles on the East Coast, used-vehicle pricing and demand are headed in a familiar, post-disaster direction: higher and higher.
Automotive News – Since Hurricane Sandy ravaged tens of thousands of vehicles on the East Coast, used-vehicle pricing and demand are headed in a familiar, post-disaster direction: higher and higher.
The Trucker – For the second consecutive month, sales of Class 8 tractors have lagged behind those of the same month a year ago. According to the Wards Automotive Retail Sales of Trucks report, 15, 560 tractors were sold in October, a 10.7 percent decrease compared to 17,424 in October, 2011.
The Detroit News -Â European auto sales declined 4.6 percent in October, with Renault SA and General Motors Co. reporting the largest drops, as a recession in countries using the euro discouraged consumers from making large purchases.
From The Detroit News: The $240 million investment in southeastern Michigan that Chrysler Group LLC announced Thursday — a move that will create 1,250 jobs — goes beyond what CEO Sergio Marchionne committed to in negotiations with the United Auto Workers, according to union leaders.
The Detroit News: -Â The shortage can be traced to consumers renting replacement cars for their own storm-damaged vehicles and emergency responders and local utilities needing cars and trucks for the recovery effort.
Truckinginfo – The Compliance, Safety, Accountability enforcement model has been fine-tuned on multiple occasions since the program’s inception by the Federal Motor Carrier Safety Administration. One constant within the model, first appearing during the pilot project, but not drawing much attention until recently, is the agency’s Safety Management Cycle.
Six of the 10 issues listed in the National Transportation Safety Board’s “Most Wanted List†for 2013 focus on highway travel, including hope for a mandate for collision avoidance technology for trucks, eliminating distractions like portable electronics and eliminating substance-impaired driving.
Volvo AB said Friday its North American truck deliveries fell 8% in October from a year ago, though year-to-date sales are 23% over the same period last year.
Navistar International Corp. said its first International ProStar Plus Class 8 on-highway tractor equipped with a Cummins ISX15 engine and selective catalytic reduction technology rolled off the production line this week at its plant in Escobedo, Mexico.