Industry News

Volkswagen Adding Two New Crossover/Utes

A relative latecomer to the SUV and CUV markets, Volkswagen is looking to catch up fast. Several senior executives have now revealed plans that appear to include both a full-size ute, as well as something smaller than VW’s current compact, the Tiguan.

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Obama signs Military CDL Act

Active members of the military may now train for and obtain a commercial driver’s license in the state in which they are stationed, instead of the state in which they live, thanks to the Military CDL Act of 2012, which passed both chambers of Congress on Oct. 1 and was signed by President Barack Obama […]

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Auto Makers Dig In as Europe Redlines, Emerging Markets Lose Luster

The global auto industry breathed a sigh of relief in September when the president of the European Central Bank acknowledged the region’s sovereign debt crisis was critical and the bank was prepared to start a bond-buying program that would provide a “fully effective backstop†for the struggling euro.

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Leading indicators improve slightly

The Conference Board’s Leading Economic Index for the United States increased 0.6% in September to 95.9 following a 0.4% drop in August and a 0.4% increase in July. The base year for the index is 2004.  By TruckGauge

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Philadelphia Manufacturing Index Rises

Manufacturing activity in the Philadelphia region expanded in October, the Federal Reserve Bank of Philadelphia said Thursday.

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Class 3-8 sales up 18 percent year-over-year

According to a report from Trailer Body Builders, sales for Class3-8 trucks have surged to 18 percent above the 2011 numbers entering the final quarter of 2012. The numbers from Wards Information Products

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Navistar adds another board member

Navistar International Corporation announced John C. (Jack) Pope, chairman of PFI Group, LLC, a financial management firm, has been appointed to the company’s board of directors. He replaces David D. Harrison, who elected to retire after serving five years as a board member.

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CARB serves notice with 4,000-truck inspection

Coming on the heels of a 4,000-truck statewide inspection blitz, the California Air Resources Board says it hopes it sent a “clear message to truckers†about its clean air laws. Members of the California Highway Patrol, Caltrans and the California

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EUROPEAN VEHICLE INVENTORY RETURNS TO BAD OLD DAYS

  Last week’s ECG Conference in Prague revealed that OEM order and production systems in Europe are still not responsive enough to market demand, with vehicle inventory levels rising as sales decline. Meanwhile, poor forecasting and communication, as well as longer

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