Fri, 23 Jul 2021 17:15 EDT Magna Acquires Driver-Assist Supplier Veoneer Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers.
Fri, 23 Jul 2021 17:00 EDT Introducing Calibrate, Our New Publication The trucking industry is in a constant cycle of change, but it’s not so much a change as it is a calibration, an adjustment. So too it is in publishing. The Transport Topics quarterly Equipment & Maintenance Update is now Calibrate.
Fri, 23 Jul 2021 16:30 EDT XL Fleet, eNow Partner on Refrigerated Trailers XL Fleet Corp. announced an agreement and an investment in eNow Inc., a provider of solar and battery power systems that enable fully electric transport refrigeration units for commercial vehicle trailers.
Fri, 23 Jul 2021 16:15 EDT Daimler Posts Q2 Earnings, Revenue Surge Despite Headwinds Daimler AG reported higher earnings and revenue as it sold 736,385 passenger cars and commercial vehicles in the second quarter, up 36% compared with 541,833 a year earlier. Truck sales alone jumped by an even higher percentage.
Fri, 23 Jul 2021 14:00 EDT US, Mexico Fail to Resolve Trade Dispute for Cars The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.
Fri, 23 Jul 2021 14:00 EDT Lucid Clinches SPAC Deal With 11th-Hour Appeal Lucid Motors Inc.’s last-gasp appeal to investors succeeded in pushing through approval for the electric-car startup’s deal to go public by merging with a blank-check company.