Inventory levels increased by double digits in May while values continue to fall. The day cab category led the way with the steepest value declines and the highest inventory level increase Sandhills Global previously reported inventory increases occurring in April across Sandhills’ heavy-duty truck, semitrailer, agricultural equipment, and heavy construction machinery marketplaces. Those trends accelerated in […]
TuSimple has begun Level 4 autonomous test runs on Japan’s most critical freight corridor that connects the major cities of Tokyo, Nagoya, and Osaka TuSimple Japan, a subsidiary of TuSimple, completed a series of safety validation and testing work of its autonomous driving system with a local Japanese OEM’s truck. In January 2023, TuSimple Japan […]
Plus selects Luminar as the exclusive long-range lidar in factory-installed PlusDrive for its commercial vehicle OEM partners Luminar global automotive technology company, and Plus, a global provider of highly automated driving and fully autonomous driving solutions, announced a partnership to advance highly automated driving and safety systems for commercial vehicle manufacturers. Under the agreement, Luminar […]
“Submitting decarbonization targets to SBTi will aide in keeping us on track with our goals to continually push our corporate and manufacturing operations toward more sustainable benchmarks.” Navistar, Inc. (Navistar) President and CEO Mathias Carlbaum signed a commitment to develop science-based targets aligned with Science Based Targets initiative (SBTi) criteria and submit the targets for validation. That […]
This was relatively in line with the same time last year as orders were only off 2% year-over-year Class 8 orders came in above expectations in May, reversing the recent downward trend by rising nearly 9% from April levels to 13,600 units. This was relatively in line with the same time last year as orders […]
Capital-intensive business requires tough decisions, focus on streamlining and increasing positive momentum Nikola Corporation zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, hosted a fireside chat with Nikola President and CEO, Michael Lohscheller, with questions submitted by NKLA stockholders. The chat was held in advance of the June 7 annual stockholders meeting where an important vote is being […]
