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Category: Vehicles

Hino Notches 10-Year Anniversary Manufacturing in WVA

Hino Notches 10-Year Anniversary Manufacturing in WVA

| August 10, 2017

Ten years can roll by in a flash. Just ask Hino Motors, which just celebrated this milestone in manufacturing medium duty trucks in Williamstown, West Virginia. Consider the arch of growth. The company’s 245,000 sq. ft. location there produces Hino’s Class 6 and 7 conventional body style trucks. What’s more, since 2007, production per year […]

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Elio Motors Seeks to Raise $100 Million

Elio Motors Seeks to Raise $100 Million

| August 3, 2017

Elio Motors, Inc. (OTC QX:ELIO), a startup vehicle manufacturer planning to launch a three-wheeled vehicle, with a targeted base price of $7,450, that will deliver up to 84 mpg, has announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed public offering […]

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Heavy & Medium Duty Preliminary Orders Show Q/Q Decline, Up 37% from Last Year

Heavy & Medium Duty Preliminary Orders Show Q/Q Decline, Up 37% from Last Year

| July 6, 2017

After an unexpected rally in Q1, 2017, North American MD & HD Classes 5-8 net orders moderated in the second quarter. While orders were lower quarter over quarter, year over year comparisons are positive by a wide margin. In June, total Classes 5-8 net orders rose over 37% year-over-year to a seasonally adjusted 43,000 units. […]

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Flying Cars Coming Soon?

Flying Cars Coming Soon?

| June 15, 2017

Buckle up. A leading expert anticipates that automotive OEMs, start-ups, aerospace companies and other players will make significant investments in the flying cars market and showcase their prototypes in the next 10 years. According to Frost & Sullivan, flying cars are poised to usher in a whole host of new business services by 2035, including […]

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Spartan Motors Wins Two Orders for 900 Vehicles

Spartan Motors Wins Two Orders for 900 Vehicles

| May 18, 2017

Spartan Fleet Vehicles & Services has announced an expanded order from a leading American-based delivery services company to include 800 of Spartan’s fuel-efficient Utilimaster Reach® walk-in vans. The vehicles will be built at Spartan’s Charlotte, Mich. facility over the course of the next eight months. Additionally, a separate global logistics leader ordered 72 of the […]

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Sales of Commercial Class 5-8 Vehicles Cool Off in April, Down 13%

Sales of Commercial Class 5-8 Vehicles Cool Off in April, Down 13%

| May 3, 2017

Following eight consecutive months with steadily higher volumes, North American Medium Duty & Heavy Duty Classes 5-8 net orders moderated in April’s preliminary reading, sliding 13% from March to 42,500 units. All of the month-over-month decline in April was related to slower Medium Duty vehicle orders. Nonetheless, North American Class 8 orders continued on the […]

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