Leading Container Maker Sees Profit Jump in Hydrogen Business
China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.
February 8, 2024Toyota Sells Part of Denso Stake to Raise Cash for EVs
Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.
November 29, 2023Intel, Ford Urge Tax Benefits for Chips, US Manufacturing
Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides more incentives for domestic production, representatives from Intel Corp. and Ford Motor Co. said March 16.
March 16, 2021Continental to Cut Jobs, Close Factories in 10-Year Overhaul
Continental AG mapped out a sweeping restructuring plan set to last a decade that will affect as many as 20,000 jobs worldwide, part of the German manufacturer’s effort to restore profits while enduring sluggish vehicle production in key markets.
September 25, 2019Manufacturers Display Safety Technology in D.C.
WASHINGTON — Manufacturers of vehicle safety systems, including those for heavy-duty trucks, displayed their latest wares here for the benefit of federal policymakers and the national press.
May 17, 2016US Manufacturing Production Falls for Second Straight Month
Factory output fell in September for a second month as high inventories and lukewarm demand from overseas customers kept American producers bogged down.
October 16, 2015Truck Makers Post Higher Earnings
Truck manufacturers ended 2013 on a high note, with Paccar Inc. posting higher fourth-quarter profit, and Daimler AG and Volvo AB reporting improved results in their truck divisions.
February 10, 2014October Truck Orders Boost OEMs
Truck manufacturers received 23,200 new Class 8 orders in October, the highest monthly total since January, despite truck buyers’ ongoing concerns about the economy and the looming “fiscal cliff,” according to ACT Research.
November 12, 2012Large Trucks Excluded From Mass. Law Requiring OEMs to Share Repair Data
Large trucks have been excluded from a new Massachusetts law that allows vehicle repair shops to access proprietary manufacturer information.
September 19, 2012Regulations Rile Heavy-Duty Manufacturers
LAS VEGAS — Manufacturers of truck components and parts meeting here bristled at the Obama administration’s regulatory policies, calling them onerous and difficult to comply with, while the president of American Trucking Associations said his industry probably will not get what it craves most this year, a new, comprehensive federal transportation plan.
January 30, 2012