GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production
A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.
Volvo Q4 Profit Jumps 80.6% as Deliveries, Margins Increase
A jump in truck sales and margins in the fourth quarter of 2023 at Volvo Group saw the Swedish original equipment manufacturer’s profits almost double year-over-year, it said Jan. 26.
United Rentals Q4 Profit Rises 6.3% on Broad Demand Strength
United Rentals reported net profit of $679 million in the fourth quarter of 2023, a 6.3% year-over-year increase compared with $639 million in the year-ago period.
Xos Class 8 Tractor Start of Production Remains on Schedule
Xos’ plans for manufacturing a Class 8 tractor remain on schedule even as the electric truck maker sought to bolster its finances earlier in January, CEO Dakota Semler told Transport Topics.
Kodiak Opens Truck Port at Ryder Facility in Houston
Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.
Hyzon Sends Four Hydrogen FCEV Trucks to PFG in California
Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.
Paccar Delivers 54% Jump in Q4 Profit, Record Revenues
Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.
Volvo Unveils Redesigned Flagship Class 8 VNL Tractor
Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.
Love’s, DTNA Roll Out Freightliner Maintenance Network
Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.
Truck Sales at Navistar’s International Unit Rise 9% in 2023
Sales of International-branded trucks totaled 75,500 in 2023, up 9% compared with 2022, the original equipment manufacturer’s parent company said Jan. 22.