Jeanne Riot - 19 November 2014
The global truck division of Daimler AG, Paccar and Volvo AB posted strong Q3 2014 financials based on a good run of truck sales in North America and a firm economic environment.
Daimler's truck division reported an increase in operating income from $665 million to $749 million year-on-year in Q3 2014 on good sales of Freightliner and Western Star vehicles. Paccar posted a 20% profit growth year-on-year in the third quarter and cited a stronger freight environment for its customers. As a result Paccar's North American truck factories have increased build rates to meet the strong demand for the company's Kenworth and Peterbilt Class 8 trucks.
Volvo's truck segment quarterly operating income climbed from $258 to $299 million year-on year. Volvo expects to sell 270, 000 heavy-duty trucks on the North American market by the end of this year and forecasts sales of 280,000 trucks for 2015.
Christopher Goodfellow - 18 October 2012
Speakers from Volvo, Cummins, Daimler, Navistar and other truck manufacturers will discuss the U.S. Environmental Protection Agency (EPA) regulations at Integer Research's fifth Diesel Emissions Conference & DEF Forum USA 2012, taking place on October 30-November 1 2012, at The Westin Cincinnati. Tony Greszler, Vice President of...
Christopher Goodfellow - 19 May 2012
Navistar might have been forced out of the Class 8 truck market had the Environmental Protection Agency (EPA) not permitted the manufacturer continue producing non EPA 2010-compliant engines based on Nonconformance Penalties (NCP). In a briefing on the decision to let Navistar pay fines, the EPA said it was permitted to enforce...
Christopher Goodfellow - 26 January 2011
Daimler Trucks North America (DTNA) finished 2010 as market leader in Classes 6-8 and Class 8 segments across the US and NAFTA regions. Martin Daum, President and Chief Executive Officer at DTNA, said: "DTNA benefited from very high customer acceptance of our proven BlueTec emissions technology. We look forward to continued growth, and a...