Hendrickson today announced Ultimaax, “our next generation rubber suspension†for the severe service market, said Doug Sanford, vice president and general manager for the truck market. The product address the need for severe duty suspension around the 46,000-pound segment.
Peterbilt unveiled its all-new vocational Model 567 Tuesday at the Mid-America Trucking Show in Louisville, Ky., “From the 567’s rugged design and versatile configurations to its enhanced visibility and new spacious interior, this new model exceeds
In the midst of what company officials call a “great turn-around story,†Navistar today updated its current financial and product situations at the Mid-America Truck Show in Louisville, Ky. New company CEO Troy Clarke noted in his opening remarks that Navstar’s current cash flow balance is better than anticipated.
Cummins will have its new 2013 engine line up at this year’s Mid-America Trucking show, boasting 2% better fuel economy, along with some new gearing recommendations to increase fuel economy and lower operating costs. Cummins says its 2013 on-highway engines will deliver up to 2% better fuel economy compared with the 2012 model-year engines. […]
Hyundai sets ambitious goals and expresses a positive outlook for 2013 in a presentation to industry analysts ahead of the auto maker’s annual shareholders meeting. Those goals include improving cost structures worldwide. The number of vehicle models will increase to 40, with 33 of them derived from just six basic platforms. Hyundai’s global portfolio two years ago […]
Elliott International LP and a unit of Fortress Investment Group LLC are among hedge funds that failed to reach an agreement with the trust liquidating General Motors’ old assets over $3 billion in claims related to the automaker’s 2009 bankruptcy filing, according to court papers. The dispute stems from a settlement made between the hedge […]
President Barack Obama has “serious concern” about Japan’s auto trade policy, a senior administration official said Tuesday. Acting U.S. Trade Representative Demetrios Marantis told the Senate Finance Committee that the administration wants to see Japan make more progress on auto issues. Last week, Japan asked to join the Trans-Pacific Partnership free trade talks, a group of 11 […]
Hourly workers at Ford Motor Co.’s plant in Genk, Belgium, will get $750 million in severance as part of a deal that allows the automaker to close that factory by the end of 2014, the company said on Tuesday. Ford and the 4,000 hourly workers at the plant reached a deal last week that allows […]
Subaru will unveil a hybrid version of its Subaru XV Crosstrek small crossover at next week’s New York auto show. The car will be the brand’s first gasoline-electric vehicle and employ technology based on Toyota Motor Corp.’s hybrid system. Subaru did not say when the car hits showrooms, but the company has promised first deliveries […]
